Oct. 18 – Support and Resistance levels for GBPJPY and EURJPY

Good morning, fellas. Today, the economic calendar is good enough to cause volatility in the Forex Crosses. For instance, the ECB President Mario Draghi speech and the Labor market figures of the UK will be worth watching today. Do check our Forex Signals Brief for Oct. 18 for more insights on economic events.

In order to cope up with volatility, let's gain more grip on the market with the following support and resistance levels.

EURJPY – Major Trading Levels

Support     Resistance

131.87       132.27

131.75       132.39

131.55       132.59

Key Trading Level:    132.07

GBPJPY – Major Trading Levels

Support     Resistance

147.78       148.78

147.48       149.08

146.98       149.58

Key Trading Level:    148.28

It's highly recommended to see our FX Leaders support and resistance strategy to utilize these levels at it's full. Good luck.