EUR/JPY

EUR/JPY resume the bullish trend and is set to target a new higher swing high. On the upside, 179.432 and 181.383 will become the targets to watch. On the lower side, a close below 174.76 might invalidate the current bullish outlook. As the trend is bullish, traders will continue to maintain bullish outlook on the pair for now.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP maintain the position inside the triangle area as it bounce upward again. The pair will continue the consolidation inside the triangle area for now, and traders will wait for close outside the triangle. We maintain a bullish view on the pair, as the current pattern is an ascending triangle.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY maintain the bullish pressure but no new higher high printed yet. It seems the pair might trade near the current level and solidify the support level. In the end, we expect the pair to continue upward and target the 208.079 level. On the lower side, 197.45 is the invalidation level for the current bullish trend.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF stay below the 1.066 level and there is bearish attempt today. It might descend slowly from the current level, and traders will continue to hold short positions for now. If the pair turn higher and close above 1.0800 then the trend will turn bullish.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200