EUR/JPY

EUR/JPY hanging near the top and there is no major reactions yet. The pair might continue trading sideways and waiting for reactions. If the pair starts moving lower then traders could use the yellow box area and the 154.00 – 155.00 area for a chance to add long positions.

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 is trading upward and currently testing the 0.8700 resistance level. The pair has formed a higher swing low which means a new higher swing high will confirm the continuation of the bullish trend. On the lower side, if the pair continues moving lower then it might return to the 0.8580 – 0.8600 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 is trading sideways and waiting for further bullish momentum. On the upside, the pair will target a new higher swing high. If the pair starts moving lower again then 182.45 is the level to watch as support level.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45, 184.00

GBP/CHF

GBP/CHF resumed the bearish movement by falling below the 1.1100 level. The pair failed to print a higher swing high and now will attempt to form a higher swing low. If the pair could form a higher swing low then there is a chance of upward movement to target the level above 1.1200.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1100, 1.1200, 1.1530, 1.1600, 1.1750