[EURUSD]
Important Levels to Watch for:
- Resistance line of 1.1349 and 1.1419.
- Support line of 1.1146 and 1.0998.
Commentary/ Reason:
- The euro eased to $1.12206, losing steam after hitting a one-week peak of $1.1348 on Tuesday though the currency has maintained weekly gains of about 0.4%.
- Stochastic and RSI oscillators steadies around the normal range.
- The MACD is trading above its signal line and negative.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.9522 and 0.9586.
- Support line of 0.9416 and 0.9321.
Commentary/ Reason:
- Stochastic oscillator is closing into overbought range and lingers around the range.
- RSI oscillator steadies around the normal range.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.2601 and 1.2804.
- Support line of 1.2405 and 1.2335.
Commentary/ Reason:
- Sterling slipped to $1.2417 GBP, off this week's high of $1.2541 touched on Wednesday.
- Stochastic oscillator recovering from overbought range, though still lingers around the range.
- RSI oscillator steadies around the normal range.
- The MACD is trading above its signal line and negative.