EUR/JPY

EUR/JPY continues the bearish movement and will attempt to target the trendline. Traders will approach the current bearish movement cautiously as the pair could not print a higher high in the latest attempt. If the bearish attempt manages to print a new lower low then the trend might turn bearish.

Today’s critical levels to watch:

Support: 160.00, 155.00, 154.00, 151.50, 148.50

Resistance: 162.87, 171.00

EUR/GBP

EUR/GBP pushed lower today but there is no lower swing low printed on the chart yet. If the pair cannot reverse the current bearish pressure immediately then a breakout lower will happen and the trend might turn bearish. On the lower side, 0.8600 is the bearish target to watch. On the upside, 0.8700 is the resistance level where a bearish reaction might happen.

Today’s critical levels to watch:

Support: 0.8700, 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8750

GBP/JPY

GBP/JPY moved lower today after printing a new higher high on Friday. The pair will attempt to target the level below 184.00. If the pair manage to print a new lower below 184.00 then we will have a new lower low and trend reversal. Traders will observe the pair reactions when it tests the support level.

Today’s Critical level to watch:

Support: 184.00, 182.45, 178.50

Resistance: 186.00

GBP/CHF

GBP/CHF extended the bullish movement inside the yellow box area. If there is no change to the current bullish pressure then the pair will test the 1.1200 resistance level soon. A close above 1.1200 will confirm a trend reversal and bring the pair further upward. At the current time, traders will continue to assume the pair will continue trading inside the yellow box area.

Today’s critical levels to watch:

Support: 1.1100, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750