EUR/JPY

EUR/JPY stick near 120.00 – 120.30 resistance area and expected to continue stick near the area. Nothing to do at the moment aside from waiting for further reaction. We still expect the pair to continue upward and retest 121.50 and the only indicator to cancel this outlook is a close below 119.20.

Today critical levels to watch:

Support: 119.20, 119.00

Resistance: 120.00, 120.30, 121.50

EUR/GBP

EUR/GBP closed as bullish candlestick yesterday and form a harami pattern. It is a neutral pattern which suggests indecision. Today, the pair started moving lower and might target a close below previous day low. Holding short positions for the long-term might be the best decision to take.

today critical levels to watch:

Support: 0.8500

Resistance: 0.8600, 0.8750, 0.8800

GBP/JPY

The development of situation in GBP/JPY is extremely slow and there is no change yet at the current time. The pair expected to continue stick near 140.00 level while waiting for trigger for the next movement.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

GBP/CHF also moving at a slow pace. The pair expected to reach 1.2900 resistance and provide traders with a clue in the next direction. We expect the pair to breakout above 1.2900 and retrace toward it. When the retracement happen then traders could enter long positions.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000