EUR/JPY

There is no change to the scenario in EUR/JPY yet. The pair currently stick near the trendline and continue moving upward to target the 148.50 – 151.50 area. If the pair start moving lower then 140.50 is the level to watch for bullish reactions. Traders will maintain a bullish scenario as long as the pair continue printing a new higher high and higher low.

Today’s critical levels to watch:

Support: 145.00, 140.50, 137.40

Resistance: 148.50, 151.50

EUR/GBP

EUR/GBP continues the sideway movement near the 0.8700 – 0.8750 area. The pair is currently under bearish pressure but stays inside the range. Traders will wait for strong momentum moving away from the area to confirm the next direction. If the pair continues moving upward then 0.8900 – 0.9000 will become the upward target.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY bounced from the 164.00 support level and now continues moving upward to target 168.50. The pair needs to close above 168.50 to cancel the bearish scenario and continue the upward movement to print a new higher high. If the pair move lower below 164.00 then the bearish movement will target 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 managed to return above the 1.1200 level and currently continues moving upward. The pair might target the 1.1530 – 1.1600 area again. Under the current situation, traders will assume the pair’s next movement to range between 1.1200 – 1.1600 until a new higher high or lower low is printed on the chart.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750