EUR/JPY
EUR/JPY traded upward initially during the session, but buyers failed to sustain momentum as the pair reversed and moved back toward its daily opening level. Overall, price action remains contained well inside Friday’s trading range, reflecting ongoing market indecision. The pair might attempt to push lower if downside pressure resurfaces in the near term. A decisive move beneath current support levels will be required to spark a clearer directional drive.
Today’s critical levels to watch:
Support: 176.00, 175.50
Resistance: 178.00, 180.00, 183.40, 185.84, 190.00
EUR/GBP
EUR/GBP saw its prevailing bearish trend continue as price pushed lower to print a fresh lower low. The pair is now rapidly approaching the major 0.8435 support level, where buyers could potentially attempt a defensive stand. If the persistent bearish momentum continues unabated, sellers will likely target the 0.8400 psychological level next. Any minor pullbacks toward upside resistance are expected to remain capped by eager sellers.
Today’s critical levels to watch:
Support: 0.8450
Resistance: 0.8500, 0.8525, 0.8580, 0.8600, 0.8700, 0.8750
GBP/JPY
GBP/JPY spent the session pressuring upward around the 209.50 level, briefly breaking above it before seller interest brought the pair right back to its opening level. This failed breakout highlights a lack of strong conviction from buyers at higher price levels. For now, the pair might continue consolidating near this key pivot as both sides evaluate further market signals. A sustained daily close above or below this region will be needed to dictate the next multi-day move.
Today’s critical level to watch:
Support: 208.00, 205.00
Resistance: 210.00, 211.50, 214.965, 218.00
GBP/CHF
GBP/CHF saw the return of buyers as strong bullish momentum pushed the pair back toward the top boundary of the green consolidation box. The broader technical picture remains firmly constructive, with the pair continuing its established path upward without any structural breaks or trend changes yet. As long as price holds above intermediate support zones, the prevailing bullish market trajectory remains intact. Further upside progress will focus on clearing nearby resistance barriers to extend the rally.
Today’s critical levels to watch:
Support: 1.0900, 1.0800, 1.0660, 1.0600, 1.0500, 1.03599
Resistance: 1.1060, 1.1100