EUR/JPY

EUR/JPY continue moving upward and trading near the previous swing high. It is a matter of time the pair breakout higher and target the 179.423 level next. Under current situation, a new higher swing high is a must to ensure the bullish continuation. On the lower side, a close below 174.768 could become a trigger for bearish reversal.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP moving upward with moderate momentum and looks will test the 0.8750 resistance level. The pair situation is bullish and currently undergo consolidation inside the triangle pattern. If the pair breakout and close above 0.8750 then traders will get confirmation on the bullish continuation. On the lower side, a breakout and close below 0.8650 will become the invalidation of the current bullish outlook.

Today’s critical levels to watch:

Support: 0.8700, 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8750

GBP/JPY

GBP/JPY make a bullish attempt but looks week. A new higher high printed, but the pair might continue trading sideways near the current level. If the pair turn lower again, then the 200.00 level and the gap close level will become the target to watch. On the upside, 208.079 is the target to watch.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF attempting to extend the bearish trend and print new lower low. The pair is currently trading near the previous day’s low and might attempt to extend the bearish movement. As we mentioned, at the current level, there is risk of central bank intervention, so traders will trade cautiously with stop level above 1.0800.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200