EUR/JPY

EUR/JPY continues moving bullishly and looking to surpass the previous week’s high. The pair’s bullish trend will continue as long as it continues printing new higher highs and higher lows. If the pair starts moving lower again then 160.00 the yellow box area will become support levels to watch.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00, 151.50, 148.50

Resistance: 162.87, 171.00

EUR/GBP

EUR/GBP got rejected from the 0.8750 resistance level and currently moving lower toward the support trendline. Traders could use the trendline as a place to enter long positions when there are bullish reactions. On the lower side, 0.8580 – 0.8600 will become the area to watch for a stronger support area.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY extending the bullish movement and will target a new higher high on the daily chart. The pair situation is bullish and traders could use each bearish correction as a chance to enter long positions. 182.45 is the support level to watch when a bearish correction happens.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45, 184.00

GBP/CHF

GBP/CHF entered the 1.1100 – 1.1200 area and might continue the bullish movement to test the 1.1200 level soon. Traders will wait for further reactions from the area. If the pair gets rejected and closes below 1.1100 then there is a chance of a bearish continuation. On the upside, a close above 1.1200 will confirm the change of trend from bearish to bullish.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1100, 1.1200, 1.1530, 1.1600, 1.1750