EUR/JPY

EUR/JPY pushed lower from 121.50 resistance and formed a major bearish candlestick. Unfortunately, there is no follow-through by the bear and the pair currently moves upward. If there is no change in the bullish direction then we might see EUR/JPY testing 121.50 again.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

More sideway movement in EUR/GBP inside the box area. No change to the analysis which means traders will continue sideline for now.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

GBP/JPY stuck at 140.00 resistance and continue moving up and down near the level. The pair movement squeezes further and we could expect a breakout soon. Which direction GBP/JPY will break out to?

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

The situation of GBP/CHF unchanged and continue sideways for now. The pair expected to continue it’s sideway movement and breakout upside to confirm the bullish ascending triangle pattern. Traders could prepare for long positions at the current time with a tight stop below the trendline.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000