EUR/JPY

EUR/JPY maintained the position at 119.20 which mean the pair will continue its consolidation near the level. Today, the pair stick near the level and looks will close the day near it. Traders will continue to monitor the pair reaction at the support level.

today critical levels to watch:

Support: 119.20, 119.00, 117.80

Resistance: 120.00, 121.50

EUR/GBP

EUR/GBP lost more ground yesterday and printed a lower low on the daily chart. The pair move lower again today but manage to recover all of the losses and traded above its opening level now. We expect EUR/GBP to continue its bearish movement and test 0.8750.

today critical levels to watch:

Support: 0.8800, 0.8750

Resistance: 0.8900, 0.8920, 0.9000

GBP/JPY

A bearish reaction happened yesterday, but the pair could not close lower and finished at its opening level. GBP/JPY make another upward attempt today but we have another rejection. Without any breakout and close above the upper trendline and GBP/JPY in the risk of rejection and bearish continuation.

At the current time, 135.00 – 136.00 will become the area of focus.

Today Critical level to watch:

Support: 134.00, 133.00, 132,00

Resistance: 135.00, 136.00

GBP/CHF

GBP/CHF bounced from the level near 1.2300 yesterday and settle the day near its opening level. The pair have not leave 1.2300 – 1.2500 range and expected to continue inside the range now. Traders could use the range as a reference to take positions with a bullish bias.

Today critical levels to watch:

Support: 1.2300, 1.2075, 1.2000

Resistance: 1.2500