EUR/JPY

No reason to enter short positions yet in EUR/JPY. The pair extended its bullish close and ready to snatch another bullish day today. On the upside, 121.50 is the target where traders could consider short positions when there is a bearish reaction.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

EUR/GBP is in big trouble, the pair could not lift above 0.8750 and under threat to enter the bearish trend. Currently, the pair holding out at the trendline. Will the pair launch upward and return above 0.8750 by the end of the week?

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

The pair expected to continue upward for now as Brexit sentiment influence the market. We could see the pair testing 140.00 resistance today. GBP/JPY might stick near the resistance for now and continue toward the next resistance soon.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00

GBP/CHF

GBPCHF holding out at the high and on track toward 1.2900 – 1.3060. No change to the outlook for now. Traders might want to avoid short positions until the pair reach resistance and form a major bearish reversal pattern.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900