EUR/JPY

EUR/JPY mostly neutral with some bearish pressure. Not much change this week as the pair consolidating inside the bearish candlestick range. It might resume the bullish movement to reach the 183.4 – 183.66 target. If there is another bearish correction below the bearish candlestick, then the level around 178.8 will become the level to watch as support level.

Today’s critical levels to watch:

Support: 180.54, 180.00, 178.765, 175.00,

Resistance: 182.00

EUR/GBP

EUR/GBP show bounce reactions from the 0.8750 level but no strong momentum. It seems the bear will attempt to push the pair lower below the 0.8700 – 0.8750 area and the trend line. As long as there is no close below the trend line, the trend will continue bullish. For now, traders will wait for the pair to stabilize and show strong bullish reactions to enter long positions.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY maintain the positions near the high and will attempt to extend the upward movement to reach the upward target. 210.13 or the 161.8% Fibonacci extension level is the target to watch. On the lower side, the 205.29 level is the support level to watch when the pair starts a bearish correction.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF stick near the 1.066 level and showing slight bearish reactions. The pair might continue trading in range near the level and traders will wait for reactions. A close above the level will confirm the switch to bullish trend. When the pair reach 1.0800 and start a bearish correction, traders could use the 1.066 level as a place to enter long positions.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200