EUR/JPY is currently testing the resistance level at ¥163.64, which has been in place since August. If it manages to break through this barrier, the next target to watch out for is the 200-day simple moving average at ¥164.48.
On the other hand, EUR/GBP has returned to its September lows after failing to sustain a bounce near £0.84 in early October. The current support level at £0.8313 is still holding, but a breach below this level could expose the lows seen in 2022. To signal potential medium-term strength, a close above £0.84 would be needed for a rebound in the near term.
Meanwhile, AUD/USD is showing some upward movement, although the US dollar still has an advantage over the Australian dollar in the short term. Despite two unsuccessful attempts to rebound, the downward trend from October highs is still intact. Buyers are trying to lift prices from recent six-week lows, and the uptrend of recent months is still holding. There is some hope for recovery indicated by positive divergence in daily stochastics, but a close below the 200-day SMA could suggest a more significant decline ahead.