[EURUSD]

Important Levels to Watch for:

-        Resistance line of 1.1383 and 1.1492

-        Support line of 1.1200 and 1.1146.

Commentary/ Reason:

-        EURUSD has broken the boundary of a rising parallel channel.

-        Stochastic oscillator reading movement toward undervalue range.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

-        Resistance line of 0.9586 and 0.9617

-        Support line of 0.9555 and 0.95434 (recent low).

Commentary/ Reason:

-        Stochastic and RSI oscillators are both entering the undervalue range as of now.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

-        Resistance line of 1.2633 and 1.2712.

-        Support line of 1.2519 and 1.2452.

Commentary/ Reason:

-        Against the pound GBP, the dollar fell to $1.2718 in Asia, close to its lowest since March.

-        Price once again entered within the boundary of a rising parallel channel and expected to continue the trend for some time.

-        Stochastic oscillator value is below 30, entering an oversold range.

-        RSI oscillator is steadies around 50 value.

GBPUSD