EUR/JPY

EUR/JPY keep falling after the rejection from 164.86 level. The pair return inside the triangle pattern again, which mean the situation is neutral for now. If the pair could bounce upward from the current level, then there is chance of bullish continuation. Meanwhile, if the pair resume the bearish movement and breakout below the bullish

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00

Resistance: 163.00, 165.00

EUR/GBP

EUR/GBP sideways situation continue as the pair trading between 0.8400 – 0.8430. No confirmation on whether the pair will bounce upward or resume the bearish movement. As mentioned before, if the pair could bounce upward, then 0.8700 – 0.8750 will become the bullish target to watch.

Today’s critical levels to watch:

Support: 0.8430, 0.8400

Resistance: 0.8500 , 0.8530, 0.8580, 0.8600, 0.8700, 0.8750

GBP/JPY

GBP/JPY pushed lower and return below trend line. However, the pair is supported by the 193.50 level and might close the week near it. If the pair could bounce upward with strong momentum, then there is a chance of bullish continuation toward 198.00. Otherwise, the pair will range between 188.00 – 193.50 or between the two trend lines again.

Today’s Critical level to watch:

Support: 195.00, 193.50, 190.00, 188.00

Resistance: 198.00

GBP/CHF

GBP/CHF has not moved much as it supported by the 1.1100 level. The pair might attempt to extend the bullish movement and cancel the rising wedge pattern. However, at the current time, there is no confirmation yet on where the pair will move next. If the pattern respected, then we could expect the pair to fall and target 1.0800 again.

Today’s critical levels to watch:

Support: 1.0800, 1.0600, 1.0500

Resistance: 1.1000, 1.1200,