[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1349 and 1.1419.

- Support line of 1.1168 and 1.1146.

Commentary/ Reason:

- Against the euro, the dollar was quoted at $1.1244 on Friday in Asia early trade.

- Stochastic indicator is more than 80, signalling that the indicator entered overvalued range.

- RSI indicator steadies around normal range of 50.

- The MACD is trading above its signal line and negative.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9529 and 0.9586.

- Support line of 0.9416 and 0.9376.

Commentary/ Reason:

- The dollar held steady at 0.9455 Swiss franc on Friday after three straight days of gains.

- Stochastic and RSI indicators holding around normal range of 50.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2545 and 1.2683.

- Support line of 1.2316 and 1.2252.

Commentary/ Reason:

- The British pound traded hands at $1.2471.

- Stochastic and RSI indicators holding around normal range of 50, after Stochastic recovering from overbought range before.

- The MACD is trading above its signal line and negative.

GBPUSD