EUR/JPY

EUR/JPY slightly bullish but no decisive movement yet in the pair. Currently, the pair traded in the middle of 120.00 – 121.50 area. Traders will monitor the price reaction and enter position base on breakout direction. We expect the pair will turn more bullish in the coming days and attempt to break out above 121.50.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

EUR/GBP pushed lower by a strong bearish pressure yesterday. No break out of the box range yet which means it is possible a bounce could happen at the bottom of the range. However, if a breakout below the range happens then traders could expect bearish continuation for medium-long-term.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

We have a bullish instance on the previous trading day. GBP/JPY closed near the top of the triangle range and might breakout above it soon. At the current time, the price might continue to trade inside the triangle while waiting for a breakout.

Today Critical level to watch:

Support: 140.00, 137.00, 136.00

Resistance: 141.00

GBP/CHF

GBP/CHF stick near the trendline and cancel recent close below it. There is no clue yet on the next direction. But, the ascending triangle pattern still in play. If the pair could breakout above the triangle top then the pair should continue the bullish trend.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000