EUR/JPY

EUR/JPY building bullish pressure and has returned above 123.30 at the current time. Despite the bullish situation, traders might want to continuously monitor the pair movement as the overall trend has turned to bearish. If the pair continue the bearish movement then 121.50 will become the support level to watch.

Today critical levels to watch:

Support: 121.50

Resistance: 123.30, 125.00, 127.00

EUR/GBP

EUR/GBP sharply lower yesterday but the pair has not reached the 0.9000 support level yet. Today, there is bearish pressure but no lower low printed. At the current time, the pair continue trading inside the previous day range. If EUR/GBP could add more bullish pressure then traders will expect the test on the green box area.

today critical levels to watch:

Support: 0.9000

Resistance: 0.9100, 0.9300

GBP/JPY

A breakout tested the 136.00 resistance level yesterday and closed inside the 135.00 – 136.00 area. The pair continue putting bullish pressure on the 136.00 resistance level today but no breakout yet. The pair currently expected to trade inside the 135.00 – 136.00 area.

If the pair closes below 135.00 then traders will expect a long-term bearish continuation.

Today Critical level to watch:

Support: 135.00, 132.50, 130.00

Resistance: 136.00

GBP/CHF

GBP/CHF made a major bullish movement above the 1.1870 resistance level. However, the pair could not maintain its bullish pressure and closed below the 1.1870 resistance level. Today, there was a bullish attempt toward the resistance level but no successful breakout yet.

If the pair get rejected from the 1.1870 resistance level then we might see continuation of the bearish trend below 1.1750.

Today critical levels to watch:

Support: 1.1750, 1.1600, 1.1500

Resistance: 1.1870, 1.2000