EUR/JPY

EUR/JPY looking to build bullish momentum as it trade higher. However, the bullish move seems limited below 177.22. Will the pair immediately continue the bullish movement to reach a new higher swing high? Alternatively, will it turn lower again to test the green box area? Under current situation, traders will continue to monitor the pair reactions near the current level.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP is on the path upward to target the 0.8920 and 0.9000 resistance level. No major change in the situation for now. If the pair turn lower and make a bearish correction, then the 0.8750 and trend line will become the bearish targets to watch. Traders will maintain bullish outlook until the pair breakout and close below the trend line or manage to print a lower swing low.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY maintained the position above 200.00 and attempting to gain above the level. No major bullish movement yet, which mean there is a chance of consolidation near the 200.00 level. If the pair breakout lower, then the 198.00 level will become the level to watch as support level.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF trending lower inside a bearish channel. On the upside, if the pair close above 1.066 then there is a chance of short-term bullish reversal. A close above 1.0800 will become the major bullish reversal confirmation. Under current situation, traders could use the top of bearish channel to add short positions with stop order above 1.066.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200