EUR/JPY

EUR/JPY closed the previous trading day on the bearish side. The pair managed to close the day above Wednesday low. However, the bearish pressure continues today and the pair set to target the 123.30 support level again. No conclusion yet, EUR/JPY could continue its bullish movement toward the 125.00 too. Traders will monitor the pair’s reaction at the current time.

Today critical levels to watch:

Support: 123.30, 121.50, 120.30, 120.00

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP jump above 0.8920 and currently move higher with moderate bullish pressure. The pair might continue moving upward and target the 0.9000 resistance level. As long as there is no higher close above 0.9000, traders could assume the current movement is only a bullish corrective movement.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

GBP/JPY closed lower yesterday and there is bearish follow-through today. The pair has moved below yesterday’s low and might continue to retest the 137.75 flip level. At the current time, the pair range span between 137.75 and 140.00 where the consolidation is expected to happen.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF made another bearish close yesterday and currently the pair on the path toward the 1.2000 support level. No-touch on the 1.2300 resistance level yet. Traders could use the moment to enter long positions with a tight stop when the pair reach the 1.2000 support level.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300