EUR/JPY

EUR/JPY made a further bearish close and no follow-through on the major bullish candlestick yet. The pair might continue lower to test the 123.30 support level. Traders could consider adding long positions near the level with the hope that the pair will breakout above 125.00 next.

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 major bullish reaction and managed to close near 0.9000. The pair slightly lower after the bullish close but might attempt to breakout higher. No conclusion yet at the current time on the pair next direction. As of today, there is no higher high printed yet on the chart which means the bear still has the upper hand.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

The flip level is maintained but there is no bounce reaction from it yet. GBP/JPY is waiting for a bullish reaction to resume its current bullish trend. Traders will watch closely the reaction at 137.75 flip level before jump in major positions. Long positions could be taken near the level while waiting for a reaction.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF turned bullish and has secured the 1.2000 level. The pair rejected from the trendline and currently testing the 1.2000 level. If the pair could continue to maintain the positions above the 1.2000 level then traders will expect another rally and test on the trendline.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300