EUR/JPY

EUR/JPY situation mostly the same as it is expected to continue moving higher to target 180.54 and 182.81. It seems bearish correction bought by the bull and the pair recover near the opening level. When there is major bearish correction, traders could continue to use it as a chance to add long positions.

Today’s critical levels to watch:

Support: 178.765, 175.00, 173.00

Resistance: 180.00, 180.54

EUR/GBP

EUR/GBP print new higher high as it attempt to extend the bullish trend. If there is no major change in the situation, the pair will target the 0.8920 & 0.9000. On the lower side, the 0.8700 – 0.8750 is the support area to watch. As long as the pair stay above the trend line, the trend will continue bullish.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY is on the verge of breakout and continue the bullish movement. It is currently sit near the previous swing high and experience bearish pressure. Despite the bearish pressure, the pair looks recovering and will close the day not far from the opening level. We expect the pair to continue the upward movement, with 207.42 & 210.13 as upward targets.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF dumped below the bearish channel but immediately recover near the opening level. The bearish trend will continue, but traders will stay cautious of central bank intervention. Under current situation, traders who has short positions will place stop order above 1.0620.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200