EUR/JPY

EUR/JPY bounced from 119.20 broken resistance and attempting to close above September high. If the pair make significant bullish close above the high then it might reach 121.50. At the current time, holding long positions until the pair return below 119.20 is the option, traders could do.

Today critical levels to watch:

Support: 119.20, 119.00, 117.80

Resistance: 120.00

EUR/GBP

The bearish movement of EUR/GBP below 0.8750 is not healthy for the pair bullish outlook. It is the medium-long-term support level and weekly or monthly close below the level will cancel the bullish outlook. Traders might want to bail out long positions if the pair close significantly below 0.8750 by the end of the month.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

GBP/JPY surpassed 135.00 – 136.00 area and not looking back anymore. The pair extend its gain and there is no major resistance seen for now. The current situation turned bullish as traders and investors think the UK and EU will eke out a Brexit deal before the deadline. Avoid short positions and enter long positions when there is correction only.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00

GBP/CHF

Same as the situation in GBP/JPY. Let the pair run upward with strong bullish momentum. Wait until the pair lose momentum and do some bearish correction before entering long positions. Stay cautious as the Brexit deadline is near.

Today critical levels to watch:

Support: 1.2600, 1.2500, 1.2300

Resistance: 1.2700, 1.2900