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Pippin’ ain’t easy, but it’s a lot easier when you’re prepared for what the market throws at you. That’s why I conduct my pre-market routine on the regular! Check out the levels that I’ll be watching on EUR/JPY, GBP/JPY, and EUR/GBP!

EUR/JPY

EUR/JPY Hourly Chart

EUR/JPY staged a nice little rally early last week, but now it seems content with trading sideways. With that said, I think we could see interest in the 130.00 confluence zone. As for support, I would look for buyers to jump in near the week open (WO) or 128.00 handle.

  • WO: 128.23
  • Top WATR: 130.11
  • Bottom WATR: 126.35
  • PWH: 129.91
  • PWL: 125.58

GBP/JPY

GBP/JPY Hourly Chart

On this pair, I’ll be keeping a close eye on the 152.00 area, since it was such a strong resistance level last week. Down south, GBP/JPY could be a good buy around the 150.00 major psychological handle.

  • WO: 150.58
  • Top WATR: 152.61
  • Bottom WATR: 148.56
  • PWH: 151.95
  • PWL: 147.78

EUR/GBP

EUR/GBP Hourly Chart

I’m still holding my EUR/GBP short open, so y’all know I’ve got a bearish bias on this pair! However, I do think we could see buying interest around the .8480 level. It held as support for three weeks, homies! I also plan to keep tabs on the .8550 MiPs for opportunities to add to my position.

  • WO: .8513
  • Top WATR: .8569
  • Bottom WATR: .8457
  • PWH: .8591
  • PWL: .8475

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This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.