EUR/JPY

EUR/JPY mostly sideways inside the boxes area. The pair closed lower yesterday and reach the level near the bottom of the orange box. At the current time, there is bullish pressure toward the blue box area. We might see the pair settle at the middle of the two boxes area and continue its consolidation.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP finally got rejected from the 0.8580 – 0.8600 area. The pair closed lower with major bearish momentum yesterday. There is bearish follow-through today even though no lower low printed yet. We might see the pair continue its downward movement and reach 0.8500 soon.

today critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8580, 0.8600, 0.8700

GBP/JPY

GBP/JPY on the path upward after breaking its sideway situation. The pair are now set to continue its bullish movement toward the 153.50 resistance level. Traders will wait for a close above 153.50 for long-term bullish confirmation. Short positions could be considered near 153.50 when there is a major bearish reaction.

Today Critical level to watch:

Support: 150.00, 147.50, 145.00

Resistance: 152.00, 153.50, 156.58

GBP/CHF

It seems a bullish breakout has happened in GBP/CHF yesterday but the pair could not close the day above the top of the triangle pattern. Today, there is another bullish attempt above the top of the triangle. Will the pair close the day above the pattern and confirm bullish continuation for the coming week?

Today critical levels to watch:

Support: 1.2600, 1.2500, 1.2300

Resistance: 1.2700, 1.2800