EUR/JPY

EUR/JPY could not close above 120.00 – 120.30 area and rejected from the resistance area last week. The price has strong bearish momentum and might continue moving lower toward 119.20. Today, the pair slightly higher and might test 120.00 resistance. Traders could prepare for short positions near the resistance level.

Today critical levels to watch:

Support: 119.20, 119.00

Resistance: 120.00, 120.30, 121.50

EUR/GBP

Despite the breakout below the green box area, EUR/GBP has not shown strong momentum movement. The pair continue to stick near the box area and waiting for further reactions. At the current time, traders might want to stay sideline and waiting for the next direction clue.

today critical levels to watch:

Support: 0.8500

Resistance: 0.8600, 0.8750, 0.8800

GBP/JPY

A higher-high printed on the daily chart but GBP/JPY settled lower at the end of the week below 140.00. This week, the pair opened near the resistance level and provide traders with no clue in the next direction. The pair might continue whipsawing near 140.00 at the current time.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

GBP/CHF traded sideline since the close outside of the triangle pattern. No indication of the next direction yet which means traders might want to continue to observe the pair movement for now.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000