[EURUSD]

Important Levels to Watch for:

  • Resistance line of 1.1419 and 1.1492

  • Support line of 1.1245 and 1.1146.

Commentary/ Reason:

  • Stochastic and RSI oscillators are within range of oversold.

  • The MACD is trading above its signal line.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

  • Resistance line of 0.9498 and 0.9586.

  • Support line of 0.9375 and 0.9321.

Commentary/ Reason:

  • Stochastic and RSI oscillators recovering from overvalued ranges.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

  • Resistance line of 1.2753 and 1.2804.

  • Support line of 1.2613 and 1.2504.

Commentary/ Reason:

  • RSI and Stochastic oscillators are showing pullback from undervalued range.

GBPUSD