EUR/JPY

The pair closed higher yesterday but could not close above Wednesday high. It seems the pair will continue its upward movement and target 121.50 in the long-term. At the current time, if a bearish correction happens then traders could place long positions near 120.30.

Today critical levels to watch:

Support: 120.30, 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

Similar to the previous day analysis, EUR/GBP expected to continue its bearish trend toward 0.8400. Holding short positions is the best option, traders could do for now. When the pair reach target then traders could observe the market reaction. If the major bullish reaction happens then enter long positions.

today critical levels to watch:

Support: 0.8500

Resistance: 0.8600, 0.8750, 0.8800

GBP/JPY

Without any change in the situation, GBP/JPY should continue its uptrend. On the upside, 142.50 is the initial target. Above the level, there is 145.00 and 150.00 major levels. At the current time, traders might want to continue to hold long positions or waiting for a bearish pullback.

Today Critical level to watch:

Support: 141.00, 140.00, 137.00, 136.00

Resistance: 142.50, 145.00

GBP/CHF

No close above 1.2900 yet on GBP/CHF chart. The pair closed as bearish candlestick yesterday but there is no major rejection yet. Today, the pair start moving upward and testing 1.2900 resistance again. Will a breakout finally happen and GBP/CHF continues its upward movement toward 1.3000 and 1.3060?

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000, 1.3060