[EURUSD]

Important Levels to Watch for:

-        Resistance line of 1.1383 and 1.1492

-        Support line of 1.1236 and 1.1146.

Commentary/ Reason:

-        EURUSD has broken the boundary of a rising parallel channel.

-        Stochastic and RSI oscillators are within normal range.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

-        Resistance line of 0.9541 and 0.9586.

-        Support line of 0.9510 (recent low) and 0.9416.

Commentary/ Reason:

-        Stochastic oscillator value is below 30, entering an oversold range.

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:

-        Price moving within the boundary of a rising parallel channel and expected to continue the trend for some time.

-        Stochastic oscillator value is above 70, entering an overbought range.

-        RSI oscillator is closing into overbought range.

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

GBPUSD