EUR/JPY

EUR/JPY moving upward again and trading near the yellow box area. The pair might continue trading sideway near the box area for now and traders will wait for further development. Will the pair move lower again and print a new lower low below the 154.00 – 155.00 area? Alternatively, will it climb and print a new higher high?

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP slowly moving lower and might target the 0.8580 – 0.8600 area. The pair’s overall sentiment is bullish but currently under a bearish correction phase. Traders will observe the pair reactions near the 0.8580 – 0.8600 area for now. If the pair could bounce upward with strong bullish reactions then traders could enter long positions.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY is on the path toward the 182.45 resistance level after the bounce from the 178.50 level. The next higher high or lower low might confirm the pair’s next direction. At the current time, the pair might also consolidate between 178.50 – 182.45 area.

Today’s Critical level to watch:

Support: 178.50, 172.00, 170.00, 168.50

Resistance: 182.45

GBP/CHF

GBP/CHF tested the bottom of the range and showed bullish reactions. It seems the consolidation inside the yellow box area will continue. Traders will wait for the pair to make a close outside of the box to confirm the next direction.

Today’s critical levels to watch:

Support: 1.1100, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750