EUR/JPY
EUR/JPY maintained the close above 123.30. However, the level currently under attack by the bear. If the pair closed below 123.30 or worse below the previous week low then traders will prepare for further bearish pressure toward 121.50. On the other hand, a close above 123.30 could become the signal for bullish continuation toward 125.00.
Today critical levels to watch:
Support: 123.30, 121.50
Resistance: 125.00, 127.00
EUR/GBP
EUR/GBP could not breakout above the green box area. Instead, the pair slowly move lower toward the 0.9000 support level. If the pair could not build bullish pressure and breakout above the green box area soon, then the pair might be set for another bearish attempt below 0.9000.
today critical levels to watch:
Support: 0.9000
Resistance: 0.9100, 0.9300
GBP/JPY
GBP/JPY might have closed above 136.00 however the pair could not add more gains above the level. Yesterday, the pair closed near the 136.00 and prompting for further consolidation between 135.00 – 136.00. There is a bearish attempt toward the 135.00 support level but the bull immediately step-in.
The pair expected to continue its consolidation near the 135.00 – 136.00 area for now while waiting for a bullish trigger.
Today Critical level to watch:
Support: 136.00, 135.00
Resistance: 140.00, 142.50
GBP/CHF
GBP/CHF continues whipsawing near the 1.1870 resistance level. There is bullish pressure building today above the level. No clue where the pair will move next. It is better to wait sideline for now until the pair either reach 1.2000 or closed below 1.1750.
Today critical levels to watch:
Support: 1.1870, 1.1750
Resistance: 1.2000





