[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1427 and 1.1451.

- Support line of 1.1354 and 1.1308.

Commentary/ Reason:

- The euro changed hands at $1.1424, just below a 4-month high of $1.1452 touched on Wednesday last week.

- The euro hovered near 4-month highs against the dollar on Monday as investors held on to hopes that European leaders would break a deadlock and hammer out an economic rescue deal as their marathon summit reached a record length.

- Stochastic pulled back from oversold range, though still lingers around the range.

- RSI indicators steadies around normal range of 50.

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

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9444 and 0.9468.

- Support line of 0.9366 and 0.9360.

Commentary/ Reason:

- The dollar was quoted at 0.9394 Swiss franc.

- Stochastic oscillator entered overvalued range.

- RSI indicators steadies around normal range of 50 for some time.

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

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2585 and 1.2668.

- Support line of 1.2499 and 1.2479.

Commentary/ Reason:

- British pound traded flat at $1.2527.

- Stochastic and RSI oscillators both entered undervalued range.

- RSI indicators steadies around normal range of 50.

- The MACD is trading below its signal line and negative. The configuration is negative.