EUR/JPY

EUR/JPY bearish movement has reversed in today’s trading session. The pair looks trading upward and erased all of the loss yesterday. No change to the pair’s bullish outlook and a bearish correction is a chance to add more long positions at a lower level. On the lower side, 154.00 – 155.00 is the area to watch as a bearish target. Traders could enter long positions when there are bullish reactions near the area.

Today’s critical levels to watch:

Support: 155.00, 154.00, 151.50, 148.50

Resistance: 160.00, 162.87, 171.00

EUR/GBP

EUR/GBP keeps testing the 0.8580 – 0.8600 resistance area but no close above the area yet. Today, there is another bullish attempt and no bearish reactions yet. If the pair could maintain the bullish pressure and close above 0.8600 then the situation could turn bullish next week. However, if the pair gets rejected again with strong bearish reactions then we might see a bearish continuation to target a new lower low.

Today’s critical levels to watch:

Support: 0.8600, 0.8580, 0.8400, 0.8325

Resistance: 0.8700, 0.8750

GBP/JPY

GBP/JPY made a bearish attempt today toward the 182.45 support level. Despite the situation, the pair managed to reverse the bearish pressure and looks trading upward right now. In the medium-long term, there is no change to the bullish outlook yet. If the pair manage to reach 182.45 or 178.50 then traders could use any bullish reactions to enter more long positions.

Today’s Critical level to watch:

Support: 182.45, 178.50, 172.00, 170.00, 168.50

Resistance:

GBP/CHF

GBP/CHF slightly lower toward the 1.1000 support level. The pair might reach the support level soon and traders will continue to monitor the pair’s reactions. If the pair could bounce upward then the consolidation between 1.1000 – 1.1225 will continue. Traders will wait for a close outside of the range to confirm the next direction.

Today’s critical levels to watch:

Support: 1.1100, 1.0500, 1.0000

Resistance: 1.1200, 1.1530, 1.1600, 1.1750