EUR/JPY
EUR/JPY saw limited net movement today, briefly trading below yesterday’s low before recovering to settle back above its opening level. The pair appears set to continue consolidating for now as market participants await a clearer directional trigger. Traders should hold off until there is explicit confirmation of either a new higher swing high or a lower swing low to establish the next trend leg.
Today’s critical levels to watch:
Support: 175.50
Resistance: 176.00, 178.00
EUR/GBP
EUR/GBP remains anchored near its recent swing low around the key 0.8325 support target. Price action continues to coil tightly as buying momentum remains subdued. Market participants should continue observing pair reactions around this critical horizontal level for now, waiting for either a firm downside breakdown or a validated reversal pattern before entering new positions.
Today’s critical levels to watch:
Support: 0.8325
Resistance: 0.8400, 0.8450, 0.8500, 0.8525, 0.8580
GBP/JPY
GBP/JPY technical picture remains largely unchanged since price action returned inside its rising wedge pattern. The pair is currently caught between conflicting technical possibilities: a strong bullish breakout and a new higher swing high would confirm upside continuation, whereas a breakdown through the lower trendline of the wedge would validate a bearish reversal.
Today’s critical level to watch:
Support: 210.00, 208.00, 205.00
Resistance: 211.50, 214.965, 218.00
GBP/CHF
GBP/CHF bulls have seized control for now, driving price upward toward the 1.1000 handle. The pair has recovered strongly from its recent lower probe and is attempting to push through overhead resistance. If buyers can push price above 1.1100, the broader bullish trend could continue. Until then, monitoring price behavior near this key barrier will be crucial.
Today’s critical levels to watch:
Support: 1.0900, 1.0800, 1.0660, 1.0600, 1.0500, 1.03599
Resistance: 1.1060, 1.1100