EUR/JPY

EUR/JPY failed to remove 119.20 resistance and rejected from it. The pair fall toward 117.80 support level today and make the small bounce. We might see the pair trade between 117.80 – 119.20 until breakout happen. If the pair could close above the previous week high then we could expect EUR/JPY to continue its upward movement.

today critical levels to watch:

Support: 117.80

Resistance: 119.00, 119.20, 120.00

EUR/GBP

EUR/GBP on track lower but there is bullish reaction today. The pair moved above previous Friday high and stick near it now. A close above the candlestick high might produce further bullish pressure in the pair and it might target 0.8920.

today critical levels to watch:

Support: 0.8800, 0.8750

Resistance: 0.8900, 0.8920, 0.9000

GBP/JPY

GBP/JPY rejected from the top trendline and 135.00 resistance. The pair formed a bearish engulfing pattern at the end of the previous week. Today we have breakout confirmation below the pattern low and expect GBP/JPY to target the bottom trendline.

Today Critical level to watch:

Support: 133.00, 132,00

Resistance: 134.00, 135.00, 136.00

GBP/CHF

GBP/CHF is in a crucial moment to continue its bullish trend. The pair traded lower today after previous Friday bearish close. It is currently testing the 1.2300 support level. Which will happen? a bounce or breakout? traders might want to monitor closely the Brexit development this week to determine the pair next direction.

Today critical levels to watch:

Support: 1.2300, 1.2075, 1.2000

Resistance: 1.2500