EUR/JPY

EUR/JPY moving upward and continues printing a new higher high on the daily chart. There is no change to the bullish situation and traders will wait for the pair to start a bearish correction. When the bearish correction manages to reach a support level, traders could consider entering long positions.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00, 151.50, 148.50

Resistance: 162.87, 171.00

EUR/GBP

EUR/GBP is maintained inside the 0.8700 – 0.8750 range and there is a bullish bounce from the bottom of the range. The pair might continue consolidating with a bullish bias. At the current time, the pair has printed a new higher high and higher low. If the pair continue printing new higher high and higher low then a bullish breakout might happen soon.

Today’s critical levels to watch:

Support: 0.8700, 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8750

GBP/JPY

GBP/JPY extended the bullish movement and printed a new higher high on the chart. The pair is slightly lower today but it might turn bullish again and continue the bullish movement. Traders will wait until the pair lose the bearish pressure or reach a support level for a chance to enter long positions.

Today’s Critical level to watch:

Support: 184.00, 182.45, 178.50

Resistance: 186.00

GBP/CHF

GBP/CHF turned lower again today and it might form a lower swing high. If the pair could continue moving lower and print a new lower low then the bearish trend could continue. On the upside, a close above 1.1200 will cancel the current bearish outlook.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1100, 1.1200, 1.1530, 1.1600, 1.1750