market-1

[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18816 and 1.19148.

- Support line of 1.17739  and 1.17407.

Commentary/ Reason:

- The dollar held steady against the euro, changed hands at $1.1859.

- Both Stochastic and RSI oscillators have crossed passed   the overvalued ranges.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91174 and 0.91735.

- Support line of 0.90481 and 0.89921.

Commentary/ Reason:

- The dollar held at 0.9067 Swiss franc.

- Both Stochastic and RSI oscillators have entered the undervalued ranges.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.32492 and 1.32893.

- Support line of 1.31194 and 1.31793.

Commentary/ Reason:

- The pair reached to a new 3-months highs overnight at 1.32833.

- The dollar weakened slightly against the British pound. Last stand at 1.3249.

- Both Stochastic and RSI oscillators have entered the overbought ranges.

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

GBPUSD