[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1349 and 1.1419.

- Support line of 1.1216 and 1.1168.

Commentary/ Reason:

- Against the euro, the dollar was quoted at $1.1278, following a 0.6% gain from the previous session.

- Stochastic and RSI indicators both steadies around normal ranges of 50 after recovering from oversold ranges.

- The MACD is trading above its signal line and negative.

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 greenback bought 0.9425 Swiss franc, little changed on the day.

- Stochastic oscillator pulled back from overbought range

- RSI lingers around the overvalued 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 1.2592 and 1.2683.

- Support line of 1.2392 and 1.2252.

Commentary/ Reason:

- Sterling was 0.21% higher for the day at $1.2560 on optimism that British and EU trade negotiators could find common ground at a dinner planned for later in the day. The pound was near three-week highs against both the greenback and the common currency.

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

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

GBPUSD