EUR/JPY

EUR/JPY returns to its bullish track after the bounce from the level near 125.00. The pair almost reach the 127.00 resistance level and expected to continue further upside. At the current time, traders will let the pair continue its upward movement and waiting for a bearish reaction.

Short positions are not suggested as EUR/JPY Trend is bullish. Traders will wait for a bearish correction to enter long positions.

Today critical levels to watch:

Support: 125.00, 123.30, 121.50

Resistance: 127.00

EUR/GBP

EUR/GBP has lost its chance to turn bullish after the pair continues its bearish movement below 0.8920. At the current time, the pair expected to extend the bearish movement and target 0.8700 – 0.8750 area.

today critical levels to watch:

Support: 0.8750, 0.8700

Resistance: 0.8920, 0.9000, 0.9100, 0.9300

GBP/JPY

GBP/JPY holding out the positions above 140.00 and jumped toward 142.50 after retesting the level. There is no stop to the current bullish pressure yet. After 142.50 resistance, there is 145.00 resistance to watch. Traders might want to continue to avoid short positions and wait for a bearish correction to enter long positions.

Today Critical level to watch:

Support: 140.00, 136.00, 135.00

Resistance: 142.50, 145.00

GBP/CHF

GBP/CHF overall trend has turned bullish after the close above 1.2000. The pair make a bullish jump today and set to target 1.2300 resistance level. Without a major change in the sentiment, GBP/CHF might extend its bullish movement and reach 1.2500 and 1.2800 in the medium-long-term.

Today critical levels to watch:

Support: 1.2000

Resistance: 1.2300, 1.2500, 1.2800