[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1349 and 1.1419.

- Support line of 1.1146 and 1.0998.

Commentary/ Reason:

- The euro is headed for its best month against the dollar since October, and in morning trade clambered back toward a one-week high hit overnight, last buying $1.1321.

- Stochastic oscillator relaxed after recovering from the overvalued range.

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

EURUSD

 

[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 below its signal line and negative. The configuration is negative.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2601 and 1.2804.

- Support line of 1.2405 and 1.2335.

Commentary/ Reason:

- Recovery adjoining as Eurozone PMIs lifted, PMIs in the UK lifted and PMIs in the U.S. lifted. The mood lifted the British pound a fraction higher to $1.2524 and helped scrape it off a three-month low against the euro.

- Stochastic oscillator closing toward oversold range.

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

GBPUSD