6b7c5fa6-b824-4430-b544-2102ad555fd1

[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.17589 and 1.18063.

- Support line of 1.17003 and 1.16529.

Commentary/ Reason:

- The euro stepped back from Monday's 22-month high of $1.17815 to trade at $1.1727.

- Stochastic indicator entered undervalued range of 80 value.

- RSI oscillator steadies around the normal range.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9272 and 0.93539.

- Support line of 0.91396 and 0.90577.

Commentary/ Reason:

- The pair at 0.9175 as of now.

- Stochastic indicator pulled back retreating from overbought range.

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

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.29487 and 1.30210.

- Support line of 1.28593 and 1.27870.

Commentary/ Reason:

- The British pound fetched $1.2932, having hit a 4 1/2-month high of $1.2952 on Tuesday.

- Stochastic indicator pulled back retreating from oversold range.

- RSI oscillator steadies around the normal range.

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

GBPUSD