[EURUSD]
Important Levels to Watch for:
- Resistance line of 1.1321 and 1.1419.
- Support line of 1.1146 and 1.0998.
Commentary/ Reason:
- Stochastic value is more than 70 indicating that the chart is becoming overvalued.
- RSI oscillator is within its normal range.
- The MACD is trading above its signal line and negative.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.9546 and 0.9586.
- Support line of 0.9416 and 0.9321.
Commentary/ Reason:
- Stochastic oscillator is closing into oversold range.
- The MACD is trading below its signal line and in positive.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.2655 and 1.2795.
- Support line of 1.2268 and 1.2089.
Commentary/ Reason:
- Stochastic value is more than 70 indicating that the chart is becoming overvalued.
- RSI oscillator is closing into overbought range.
