Forex Technical Cross Pairs Analysis | November 13, 2020

EUR/JPY

EUR/USD has not shown any bullish continuation yet after the rejection from the 125.00 resistance level. The pair slowly move lower but no major bearish momentum too. Today, the pair attempting to move upward to retest 125.00 again. If the pair could breakout and close above the 125.00 resistance level then traders will expect a bullish continuation toward 127.00.

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Today critical levels to watch:

Support: 123.30, 121.50, 120.30, 120.00

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP made a bullish close near the 0.9000 resistance level. The bullish momentum is strong and might have a continuation. Meanwhile, there is no breakout above the candlestick high yet. The pair move lower instead and might close the day lower.

Without any close above 0.9000, traders will expect the pair to continue its bearish trend.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

GBP/JPY closed lower yesterday, confirmed the bearish reaction from the 140.00. Today, the pair looks bouncing from the flip level around 137.75. If the pair could close the day on the positive side then traders will prepare for a retest on the 140.00 resistance level and possible bullish continuation toward 142.50.

Today Critical level to watch:

Support: 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF made another bearish close yesterday near the 1.2000 support level. The pair show a bullish reaction today and will attempt to make a bullish reversal near the 1.2000. If a bullish close formed then GBP/CHF could continue upward to retest the trendline again.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300

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