EUR/JPY

EUR/JPY started a bearish correction but it does not last long. The pair pushed lower today but not reached the trendline. At the current time, the pair has made recovery and traded above the opening level. If the pair continues to maintain the bullish pressure then traders will expect continuation toward the 148.50 and 151.50 resistance level.

Today’s critical levels to watch:

Support: 145.00, 140.50, 137.40

Resistance: 148.50, 151.50

EUR/GBP

EUR/GBP continue limited near the 0.8700 – 0.8750 area. There is no breakout and close above the area which means no bullish confirmation yet. Traders will continue to monitor the pair reactions near the area for now. If the pair could climb and close above the area then traders will expect continuation toward 0.8900 – 0.9000.

Today’s critical levels to watch:

Support: 0.8600, 0.8580

Resistance: 0.8700, 0.8750, 0.8900, 0.9000

GBP/JPY

GBP/JPY bearish correction immediately reversed before it could reach the 164.00 support level. The pair now stick near the high and will attempt to extend the bullish trend. Traders who want to enter long positions will continue to wait for a bearish correction toward the 164.00 support level.

Today Critical level to watch:

Support: 161.00, 156.58, 153.50

Resistance: 164.00

GBP/CHF

GBP/CHF opened higher today above the 1.1200 level. However, the pair lost bullish pressure and start moving lower again. It seems the consolidation near the 1.1200 level will continue. Traders will continue to monitor the pair reactions at the 1.1200 level for now. If the pair continues moving upward then 1.1530 and 1.1600 is the resistance levels to watch.

Today’s critical levels to watch:

Support: 1.1200, 1.0500, 1.0000

Resistance: 1.1530, 1.1600, 1.1750