EUR/JPY

EUR/JPY situation is similar to the previous day analysis. Traders and investors are waiting for the reaction after the Fed interest-rate decision. If the pair will continue its bullish trend then it needs a close above 121.50. On the other hand, a bearish close below previous week low is the bearish confirmation.

Today critical levels to watch:

Support: 120.00, 119.20, 119.00

Resistance: 121.50

EUR/GBP

The consolidation continues inside the green box area. Nothing traders could do at the moment. It is better to wait until the momentum movement happens in the pair. Without any breakout of the green box area, EUR/GBP expected to trade with low volatilities.

today critical levels to watch:

Support: 0.8600

Resistance: 0.8750, 0.8800

GBP/JPY

More consolidation in the pair before the Fed interest-rate announcement today. Will the pair jump from 140.00 and continue upward to print higher highs? Alternatively, will it fall sharply below 140.00 and start correction toward 135.00 – 136.00 area?

Today Critical level to watch:

Support: 137.00, 136.00

Resistance: 140.00, 141.00

GBP/CHF

Wait until the breakout of the triangle area happens. We might have an upside breakout today as the pattern is a bullish ascending triangle pattern. But never be confident to jump in positions yet as the pattern could fail too.

Today critical levels to watch:

Support: 1.2700, 1.2600, 1.2500, 1.2300

Resistance: 1.2900, 1.3000