Good morning traders! Taking a look at the economic calendar, the fundamentals coming out from Japan, the US and the UK are good enough to cause volatility in the forex crosses.

Something worth watching today is the UK's Average Earnings Index which will be released at 9:30 (GMT) along with the Unemployment Rate. Check FX Leaders news trading strategy to enhance profitability.

Let's gain a grip on the market with the following support and resistance levels.

EURJPY – Major Trading Levels

Support    Resistance

131.48       133.2

130.57       134.01

129.76       134.92

Key Trading Level:    132.29

GBPJPY – Major Trading Levels

Support    Resistance

148.61       150.54

147.53       151.39

146.68       152.47

Key Trading Level:    149.46

I recommend reading our FX Leaders support and resistance strategy to utilize these levels at it's full. Good luck.