EUR/JPY

EUR/JPY climb and printed new higher swing high where it might extend the bullish movement toward 179.42. If the pair turn lower from the current level, then it might form a double top pattern. Traders will continue to maintain bullish outlook on the pair for now, unless the pair make a sharp bearish move from the current level.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP tested the level near 0.8750 and no breakout from the ascending triangle range yet. The pair will continue the consolidation with bullish bias. As we mentioned, a breakout and close above 0.8750 will confirm the bullish continuation. On the other hand, breakout and close below the triangle will cancel the pattern and turn the trend bearish.

Today’s critical levels to watch:

Support: 0.8700, 0.8600, 0.8580, 0.8530, 0.8500

Resistance: 0.8750

GBP/JPY

GBP/JPY slowly moving upward and will target a new higher swing high. No change to the bullish outlook yet, if the pair could resume the bullish trend, then it will target 208.07 level. On the lower side, the nearest swing low 200.65 is the support level to watch. A close below the swing low might turn the trend bearish.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF trend is bearish below the 1.0660 level. At the current time, the 1.060 level is holding out the pair from continuing the bearish movement. Traders will stay cautious and place stop order above 1.0800 to anticipate sudden upward movement while holding short positions.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200