EUR/JPY

EUR/JPY crossed the 119.20 resistance and closed above it. It is a decent bullish close but the pair needs more confirmation to continue its bullish trend. At the current time, the pair is testing the broken 119.20 level. A closure below the level might trigger selling and bearish continuation in the pair.

Today critical levels to watch:

Support: 119.20, 119.00, 117.80

Resistance: 120.00

EUR/GBP

EUR/GBP has completed its downward target at 0.8750. Now, where will the pair move next? No answer yet to this question. Technically, we expect a bounce will happen and EUR/USD will start a bullish movement. However, Brexit’s situation could influence the pair and caused unpredictable sharp movements.

If traders decide to enter long positions then they must proceed with high-caution.

today critical levels to watch:

Support: 0.8750

Resistance: 0.8800, 0.8900, 0.8920, 0.9000

GBP/JPY

A clear breakout has happened in GBP/JPY and the pair closed above 135.00 – 136.00 area. The pair expected to continue its bullish movement above the area. At the current time, GBP/JPY is testing the broken area/. Traders could look for long positions with a stop below 135.00. Failure to bounce from the area, followed by a closure below the trendline will cancel the current bullish outlook.

Today Critical level to watch:

Support: 136.00, 135.00, 134.00, 133.00

Resistance: 137.00

GBP/CHF

GBP/CHF overall situation is similar to the situation in GBP/JPY. The pair breakout above the resistance level 1.2500 and closed significantly higher above it. Today, the pair move lower and retesting the level. If the bull could maintain the position above the level then we could expect further upside in the pair.

Today critical levels to watch:

Support: 1.2500, 1.2300

Resistance: 1.2600, 1.2900