EUR/JPY

EUR/JPY bullish corrective movement after the bounce from 128.00 has reached the orange box area. It seems the pair show an initial bearish reaction today. No conclusion yet whether the pair will continue the bearish movement or attempt another bullish breakout above the boxes area. If the pair could close inside the boxes are then there is a chance for bullish continuation.

Today critical levels to watch:

Support: 128.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP made a bullish close yesterday but relinquish half of its gain. The pair currently stick near 0.8400 and waiting for further reaction. If the pair could build more bullish pressure and bounce from the level then we might see upward movement to target 0.8500 and 0.8580 – 0.8600 area.

today critical levels to watch:

Support: 0.8400

Resistance: 0.8500, 0.8580, 0.8600

GBP/JPY

GBP/JPY continues to maintain the position above 153.50 and looking to build more bullish pressure. If the pair could bounce from the level then we might see a bullish continuation to target 156.58 resistance level. On the other hand, another bearish attempt followed by a lower swing low is bearish confirmation toward 150.00.

Today Critical level to watch:

Support: 153.50, 150.00

Resistance: 156.58, 160.00

GBP/CHF

GBP/CHF could not break out above 1.2500 but the pair continue to maintain the position near the level. At the current time, as long as the pair stays below 1.2500 then the trend is bearish. On the upside, a close above 1.2700 is needed to confirm a fully bullish reversal. On the downside, a close below 1.2300 is needed for bearish confirmation.

Today critical levels to watch:

Support: 1.2300

Resistance: 1.2500, 1.2600, 1.2700