EUR/JPY

EUR/JPY printed a bearish close below the 123.30 support level. The pair follow-through with further bearish pressure today. At the current time, the pair is testing the September low. If bearish breakout continues to happen then EUR/JPY set to reach 121.50 support level soon.

Today critical levels to watch:

Support: 123.30, 121.50

Resistance: 125.00, 127.00

EUR/GBP

EUR/GBP pushed lower yesterday with moderate bearish pressure. The bearish movement continues today and tested the major bearish candlestick low. No breakout at the current time and the pair continue to maintain the level above 0.9000.

The pair expected to continue trading between 0.9000 and the green box area.

today critical levels to watch:

Support: 0.9000, 0.8920

Resistance: 0.9100, 0.9300

GBP/JPY

GBP/JPY failed to maintain the 136.00 support level today. The pair make major bearish progress and expected to target the 135.00 support level. If the pair closes below 135.00 then traders will expect the continuation of the bearish trend toward 132.50.

Today Critical level to watch:

Support: 135.00, 132.50

Resistance: 136.00, 140.00, 142.50

GBP/CHF

GBP/CHF tested the 1.1870 resistance level today and show an initial bearish reaction. The pair might continue its ranging movement between the 1.1750 – 1.1870 area until breakout happens. No change to the outlook, for now, traders could continue to apply ranging strategies.

Today critical levels to watch:

Support: 1.1750

Resistance: 1.1870, 1.2000