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And just like that, we’re in the last quarter of the year! Let’s start this baby on the right foot by marking down the important levels on EUR/JPY, GBP/JPY, and EUR/GBP. Here’s what I’m looking at, fellas:


EUR/JPY Hourly Chart

On EUR/JPY, I have my eye on the 101.00 major psychological handle (MaPs) up north since the pair reacted so well to it the past couple of weeks. Down south, I think the previous week low (PWL) could present an interesting make-or-break setup in the days to come.

  • WO: 100.17
  • Top WATR: 101.34
  • Bottom WATR: 99.00
  • PWH: 101.55
  • PWL: 99.64


GBP/JPY Hourly Chart

The MaPs levels present a lot of potential on this pair. As you can see, 126.00 was an area of interest last week. Meanwhile, 127.00 presents a confluence zone since it’s in the same area as the top weekly ATR (WATR) and the previous week high (PWH). Also, as noted by some of my forex buddies last week, 125.50 was a major support and resistance level in the past, so I may look to play a bounce or a break of this level later on.

  • WO: 125.92
  • Top WATR: 127.02
  • Bottom WATR: 124.82
  • PWH: 127.05
  • PWL: 125.35


EUR/GBP Hourly Chart

Last but not least, we have EUR/GBP, which has been trading sideways lately. Since this pair has a tendency to range, I’ll be looking for sellers to step in as the pair draws closer to the PWH and buyers to boost demand around the PWL.

  • WO: .7959
  • Top WATR: .8010
  • Bottom WATR: .7908
  • PWH: .7997
  • PWL: .7923

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.