EUR/JPY

More bearish pressure seen on EUR/JPY, the pair reach 115.80 support level today and might continue lower. As long as there is no major bullish reaction near the support levels then EUR/JPY expected to extend its bearish trend. At the current time, traders could take short positions when there are bullish corrections.

today critical levels to watch:

Support: 115.80

Resistance: 116.00, 116.50, 117.80

EUR/GBP

Thee weakness of pound sterling create a room for EUR/GBP to climb. At the current time, EUR/GBP move higher and tested the bottom of the channel. It might continue upward as the situation in the UK turn into a showdown between UK PM Boris Johnson and MP. MP determined to block “No deal” Brexit and will pass the bill before October suspension.

today critical levels to watch:

Support: 0.9000

Resistance: 0.9100, 0.9200, 0.9300

GBP/JPY

A breakout of 128.20 – 130.00 range happened on the last day of the previous week. GBP/JPY dives further lower today and tested the previous month low. At the current time, the pair recovered part of its losses. Will it close near the opening level and cancel current bearish pressure?

Today Critical level to watch:

Support: 126.50

Resistance: 128.20, 130.00, 132,00

GBP/CHF

The resistance 1.2000 rejected GBP/CHF once again and the pair traded inside the bearish channel now. A strong bearish close inside the channel will confirm the bearish continuation of GBP/CHF inside the channel.

Today critical levels to watch:

Support:

Resistance: 1.2000, 1.2300