EUR/JPY

EUR/JPY closed below the 123.30 support level and show no bullish reaction. The pair currently trading sideways near its opening level and will wait for the trigger to move. If the pair could close above 123.30 by the end of the week then traders will expect further bullish movement in the coming week.

Today critical levels to watch:

Support: 121.50, 120.30, 120.00

Resistance: 123.30, 125.00, 127.00

EUR/GBP

EUR/GBP tested the 0.8920 support level and bounced from it today. The pair range span between 0.8920 – 0.9000 and might continue its ranging movement for now. The trend continues to be bearish and traders might want to be careful when entering long positions. On the other hand, short positions near 0.9000 with a stop above the previous swing high might be the best option.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

GBP/JPY falls below 137.75 flip level and is set to close with a moderate bearish candle. The close below 137.75 might trigger further bearish movement toward the 135.00 – 136.00 support area. Traders will continue to observe whether the bullish trend above 137.75 will continue or not.

Today Critical level to watch:

Support: 136.00, 135.00, 132.50

Resistance: 137.75, 140.00, 142.50

GBP/CHF

GBP/CHF next direction is not decided yet as the pair currently move lower below the previous day’s low. If the pair add more bearish pressure then traders will expect another test on 1.2000. Failure to maintain the level above 1.2000 could trigger further bearish pressure toward 1.1870.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300