EUR/JPY

EUR/JPY showing a lack of direction as the pair traded in the middle of 119.20 – 121.50 area. The pair might attempt to move higher and retest the resistance level. On the other hand, it could move lower and target 119.20 – 120.00. Traders will continue to monitor the pair movement at the moment and wait for the chance to enter positions.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

The consolidation continues and the EUR/GBP movement tightens. No clue in the next direction yet, both EU and UK seems to pause the Brexit while waiting for the UK election. On the long-term view, as long as EUR/GBP stays below 0.8750 the trend will continue bearish.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

The situation of GBP/JPY has not changed yet as the pair traded near 140.00. Without any momentum movement, it seems the pair will continue its consolidation near the resistance. If the pair start moving lower then it might target 135.00 – 136.00 area.

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

We have no clue on GBP/CHF next direction yet. The pair range slowly tightens and it might explode either upside or downside. If the pair moves lower then 1.2500 will become the downside target. On the upside, traders could watch 1.2900 – 1.3060 area.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000