EUR/JPY

EUR/JPY is near the previous swing high and will test it. The pair is expected to continue the upward movement, print a new higher swing high and target the 180.546 level. If the pair turn lower again, then it might form a higher swing low around 177.22. We don’t want a deep bearish correction to ensure that the bullish trend will continue.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP turned higher before it could reach the 0.8750 level. It seems the pair will resume the bullish trend immediately and traders will continue to wait for bearish correction to add long positions. On the upside, 0.8920 – 0.9000 is the levels to watch as target. On the lower side, a close below the trend line might signal change of trend to bearish.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY keep gaining and soon will print a new higher swing high. The pair might continue upward to target 207.42 and 210.13. However, there is chance of bearish attempt below 200.00 if the pair could not print a new higher swing high. Traders will maintain bullish view on the pair for now and use bearish movement as a chance to add long positions.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF reached the top of bearish channel and produce bearish reaction. The pair fall with moderate bearish momentum and looks will resume the bearish trend inside the channel. No change to the bearish outlook, traders will continue to trade short positions inside the channel. A breakout and close above the channel might change the view for medium-term.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200