EUR/JPY

EUR/JPY pushed lower toward the 140.50 support level today. However, the bearish pressure subsided and the pair make a bullish recovery to trade back near the opening level. If the pair could continue to build bullish pressure then we will see a bullish continuation to target a new higher high.

Today’s critical levels to watch:

Support: 140.50, 137.40, 135.00, 134.50

Resistance: 145.00, 148.50, 151.50

EUR/GBP

EUR/GBP managed to maintain the position above 0.8700 – 0.8750 and currently trading upward. The pair will attempt to add more bullish pressure to target the 0.8900 – 0.9000 area. As long as the pair continue printing higher highs and higher lows then traders will continue to assume the bullish trend will continue.

Today’s critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.8900, 0.9000, 0.9300

GBP/JPY

GBP/JPY pushed lower from 164.00 toward 161.00. The pair managed to reach 161.00 and currently will test it. If the pair could maintain the position above 161.00 then we will see consolidation between 161.00 – 164.00. The next direction will be determined by breakout and close outside of the 161.00 – 164.00 area.

Today Critical level to watch:

Support: 161.00, 156.58, 153.50

Resistance: 164.00

GBP/CHF

GBP/CHF get rejected from the 1.1200 resistance level and currently moving lower. If the pair could continue to build bearish pressure then we will see the continuation of a bearish trend to target 1.0500 and the parity level. Under the current situation, traders could enter short positions with a stop above 1.1200.

Today’s critical levels to watch:

Support: 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750