EUR/JPY

EUR/JPY pushed lower today but managed to bounce from previous consolidation area. If the pair could continue to climb and erase the previous day’s loss, then the bullish movement could continue immediately. However, if the pair turn lower again, then traders could expect deeper bearish correction to target the trend line.

Today’s critical levels to watch:

Support: 175.00, 173.00

Resistance: 178.285

EUR/GBP

EUR/GBP has broken and close above 0.8750 which mean the bullish trend will continue. If there is no change to the current bullish situation, then the pair could continue upward to target 0.8920 and 0.9000. On the lower side, 0.8700 – 0.8750 will become the support area to watch now.

Today’s critical levels to watch:

Support: 0.8750, 0.8700, 0.8600

Resistance: 0.8800, 0.8850, 0.8920

GBP/JPY

GBP/JPY losing ground and looks will test the 200.00 level soon. If the pair breakout lower, then the gap close will become a target to watch. A breakout and close below 198.00 will confirm initial bearish reversal. Where the pair form a lower swing high and lower swing low. Traders will take a close look on the pair reactions near 200.00 for now.

Today’s Critical level to watch:

Support: 200.00, 198.00, 195.00

Resistance: 205.00

GBP/CHF

GBP/CHF continue moving bearishly below the 1.0660 and getting near 1.0500. The pair situation might continue bearish for now, but traders will stay cautious in case of central bank intervention. On the upside, there is a chance the pair turn higher to retest the broken 1.0660 before continuing lower.

Today’s critical levels to watch:

Support: 1.0600, 1.0500

Resistance: 1.0800, 1.1000, 1.1200