[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1349 and 1.1419.

- Support line of 1.1216 and 1.1168.

Commentary/ Reason:

- The euro edged up to $1.1311.

- Stochastic indicator is at 20, signalling that the indicator entered oversold range.

- RSI indicator steadies around normal ranges of 50.

- The MACD is trading below its signal line and positive.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9467 and 0.9498.

- Support line of 0.9408 and 0.9376.

Commentary/ Reason:

- The pair rose slightly from opening price to 0.9425, after almost testing 1-month low resistance line of 0.9376 yesterday.

- Stochastic oscillator passing 80 value mark, entering the overbought, while RSI also closing into the range too.

- The MACD is trading above its signal line and positive. The configuration is positive.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2545 and 1.2683.

- Support line of 1.2316 and 1.2252.

Commentary/ Reason:

- Sterling moved in a narrow range at $1.2499.

- Stochastic and RSI indicators holding around normal range of 50, after Stochastic recovering from overbought range before.

- The MACD is trading above its signal line and positive. The configuration is positive.

GBPUSD