EUR/JPY

EUR/JPY sticks near the trendline without a major bearish continuation. The pair might slowly move upward following the trendline toward the 148.50 – 151.50 resistance area. If the pair start moving lower again then it will target the 140.50 support level where traders could consider entering long positions.

Today’s critical levels to watch:

Support: 145.00, 140.50, 137.40

Resistance: 148.50, 151.50

EUR/GBP

EUR/GBP is trading near 0.8700 – 0.8750 and is expected to continue consolidating near the area. There is bullish pressure today but the pair might maintain the movement inside the previous week’s range. At the current time, the situation is neutral which means traders will wait for strong movement away from the 0.8700 – 0.8750 area to confirm the next direction.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY was slightly higher above the 164.00 support level but no major bullish movement with strong momentum. The pair might maintain the current position near 164.00 and will attempt upward movement to resume the bullish trend. If the pair continues moving lower and close below 164.00 then the bearish trend could continue toward 161.00.

Today Critical level to watch:

Support: 164.00, 161.00, 156.58, 153.50

Resistance: 168.50, 170.00

GBP/CHF

GBP/CHF sticks near the 1.1200 level and attempts to continue to stay above it. If the pair could move upward with strong bullish momentum then there is a chance of a bullish retest on the 1.1530 – 1.1600 area. On the other hand, further weakness and a new lower low will confirm a bearish continuation.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750