EUR/JPY

EUR/JPY bullish attempt erased as the pair return to the opening level and might stick near the 175.374 level. If the pair pushed lower, then it will continue lower to target the gap close and lower trend line. No bullish confirmation yet for now and traders better stay sideline waiting for better confirmation.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP flip-flopping near the 0.8700 level and supported by the trend line. The pair might break out soon, either above 0.8700 or below the trend line. If bearish breakout happen, then the pair might continue lower to target 0.8580 – 0.8600 area. On the upside, a close above 0.8750 will confirm the bullish continuation.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY reacted at the previously broken swing high and there is bullish follow-through. However, the upward movement lost pressure and we might see another bearish attempt. On the lower side, there is 200.00 and the gap close level to watch. Overall, the trend is bullish, but the bearish correction seems has not completed yet.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF has broken below 1.066 which mean the situation is bearish for the pair. It could continue lower and print a new lower swing low. However, there is risk of central bank intervention too ,such as September 2022 event. Traders will stay cautious and place tight stop order above 1.0800 in case of the event happening again.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200