EUR/JPY

EUR/JPY swinging up and down near 119.20 resistance and no decisive direction yet. The pair closed below the level yesterday but today it climbs back above the level. We could expect EUR/JPY to continue its sideways movement near the 119.20 level until tomorrow FOMC meeting.

today critical levels to watch:

Support: 119.20, 119.00, 117.80

Resistance: 120.00, 121.50

EUR/GBP

The direction of EUR/GBP is down after the close below 0.8920. No change to the direction unless EUR/GBP could move higher above 0.9000 again. At the current time, 0.8750 is the downward target and the place to look for long positions when there are bullish reactions.

today critical levels to watch:

Support: 0.8800, 0.8750

Resistance: 0.8900, 0.8920, 0.9000

GBP/JPY

There is hardly any bearish reaction from 135.00 resistance. It could be the sign that GBP/JPY will continue the upward movement toward 136.00 or the top trendline. Traders will continue to monitor the pair reaction before entering short positions. A breakout above 136.00 is an indication that the long-term trend has shifted to bullish.

Today Critical level to watch:

Support: 134.00, 133.00, 132,00

Resistance: 135.00, 136.00

GBP/CHF

The path is clear for the bull for further upward movement. The pair closed above 1.2300 and made retest yesterday. Today, GBP/CHF launched upward and print a higher high above the previous week high. We could expect the pair to reach 1.2500 soon.

Today critical levels to watch:

Support: 1.2300, 1.2075, 1.2000

Resistance: 1.2500