EUR/JPY

The bearish reaction from 121.50 resistance closed above the previous week low. No breakout below the low which means no bearish continuation yet. On the daily chart, we could see a flip area below the level. EUR/JPY next direction will be determined by the reaction at the current level.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

The trend is sideways and no change to it yet. EUR/GBP moved inside the green box area and expected to continue the movement inside it. Traders might want to avoid taking positions until a breakout of the box area happens.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

GBP/JPY sticks near 140.00 and continues its up and down movement at the level. No clue on the next direction yet. At the current time, it is better to stay sidelined until momentum movement formed on the pair daily chart.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

The end of week is near and there is no breakout of the triangle pattern on GBP/CHF daily chart. Similar to GBP/JPY, no clue on the next direction yet. The pair should continue moving inside the triangle pattern and might close inside it at the end of this week.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000