EUR/JPY

EUR/JPY retesting the level near 125.00 and looking for a breakout above it. No breakout and no major bearish reaction yet at the current time. The pair might continue moving near the level while waiting for a reaction. We think the pair will make a bullish breakout and target 127.00 next.

Today critical levels to watch:

Support: 123.30, 121.50, 120.30, 120.00

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP stage a bounce and rallied to the upside from 0.8920. The pair closed near the 0.9000 resistance level and will attempt to break out above it. At the current time the pair range span between 0.8920 – 0.9000. It seems the bullish movement triggered by the Brexit update where the event will end with “No-deal”.

today critical levels to watch:

Support: 0.8920, 0.8750, 0.8700

Resistance: 0.9000

GBP/JPY

GBP/JPY was rejected from the level near 140.00 and printed a lower high on the chart. No conclusion yet for now, the pair will make a bearish attempt to create a lower low. If lower low printed below 137.75 then we have a double top pattern which will trigger a major bearish trend in the pair.

If the pair could move upward and surpass 140.00 then the bearish scenario will be canceled.

Today Critical level to watch:

Support: 137.75, 136.00, 135.00, 132.50

Resistance: 140.00, 142.50

GBP/CHF

GBP/CHF slowly move lower and reached the 1.2000 support level. It is up to the bull to bring the pair upward or let a bearish breakout below 1.2000 happen. Traders will monitor the situation while maintaining long positions with a stop below 1.2000 or 1.1870.

Today critical levels to watch:

Support: 1.2000, 1.1870, 1.1750

Resistance: 1.2300