EUR/JPY

EUR/JPY resume the bearish movement at the beginning of the week. The pair are set to move lower and test the 128.00 support level. As mentioned in the previous analysis, traders could use 127.00 and 128.00 as level to enter long positions when bullish reversal happen.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP bounced from the 0.8500 support level and start moving higher this week. The pair might reach the 0.8580 – 0.8600 resistance level to retest it. If bullish breakout and higher swing high printed then traders will expect bullish continuation to target 0.8700.

today critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8580, 0.8600, 0.8700

GBP/JPY

The bearish pressure resurge in GBP/JPY chart. The pair has reached the 150.00 support level today also the trendline. If a bearish breakout happens then traders will expect the pair to target 147.50 also 145.00 support levels next. Without any bullish reaction, it is better to postpone entering long positions.

Today Critical level to watch:

Support: 150.00, 147.50, 145.00

Resistance: 152.00, 153.50, 156.58

GBP/CHF

GBP/CHF closed the weak near 1.2800 and indicate a bullish continuation. However, the pair started moving lower at the beginning of the week and might retest 1.2700 support level also the trendline. Traders could use the support levels for the chance to enter long positions when there is a bullish reaction.

Today critical levels to watch:

Support: 1.2700, 1.2600

Resistance: 1.2800, 1.2900, 1.3060