EUR/JPY

EUR/JPY printed a close inside the orange box area which means the pair managed to confirm a further bullish scenario. At the current time, the pair might consolidate inside the area, waiting for further bullish pressure. If the pair continues moving upward and close above the blue box area then the bullish trend should continue.

Today critical levels to watch:

Support: 128.00, 127.00

Resistance: 130.00, 131.50, 132.00, 133.50

EUR/GBP

EUR/GBP has not been able to break out above the 0.8580 – 0.8600 area. The pair got another rejection from the area last week. At the current time, the pair keep building bullish pressure and testing the area. Will the pair eventually breakout and continue the bullish movement?

today critical levels to watch:

Support: 0.8500, 0.8400

Resistance: 0.8580, 0.8600, 0.8700

GBP/JPY

The triangle pattern in GBP/JPY has not broken yet. The pair currently consolidating inside the pattern and will wait for a breakout. Traders will wait for a breakout from the triangle range to get confirmation on where the pair will move next.

Today Critical level to watch:

Support: 150.00, 147.50, 145.00

Resistance: 152.00, 153.50, 156.58

GBP/CHF

It seems GBP/CHF got rejected from the 1.2700 resistance level and set to continue moving lower. However, there is no bearish follow-through yet this week. If the pair continues lower then it will target the 1.2600 support level. On the other hand, if the pair manages to close above 1.2700, there is a chance for bullish movement to test 1.2800.

Today critical levels to watch:

Support: 1.2600

Resistance: 1.2700, 1.2800, 1.2900, 1.3060