[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 oscillator approaching into the overvalued range.
- The MACD is trading below its signal line and positive.
[USDCHF]
Important Levels to Watch for:
- Resistance line of 0.9522 and 0.9586.
- Support line of 0.9416 and 0.9321.
Commentary/ Reason:
- Stochastic oscillator is closing into oversold range.
- The MACD is trading above its signal line and in negative.
- RSI oscillator steadies within its normal range.
[GBPUSD]
Important Levels to Watch for:
- Resistance line of 1.2601 and 1.2804.
- Support line of 1.2405 and 1.2335.
Commentary/ Reason:
- Stochastic and RSI oscillators are climbing toward overbought range.
- The MACD is trading below its signal line and positive.
