[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1349 and 1.1419.

- Support line of 1.1216 and 1.1168.

Commentary/ Reason:

- The euro dropped 0.07% to $1.1275, sliding after hitting a one-month high around $1.1371 on Thursday, even after German export data failed to meet analysts' expectations.

- Stochastic and RSI indicators value is less than 20 and 30, respectively, signalling that the indicators had entered undervalued range.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9467 and 0.9498.

- Support line of 0.9470 and 0.9323.

Commentary/ Reason:

- Against the dollar, the franc strengthened at 0.9412 after having touched a four-month high of 0.93625 to the dollar.

- Stochastic and RSI indicators entered the overbought ranges.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2686 and 1.2755.

- Support line of 1.2457 and 1.2252.

Commentary/ Reason:

- Stochastic and RSI indicators value is less than 20 and 30, respectively, signalling that the indicators had entered undervalued range.

- The MACD is trading below its signal line and negative. The configuration is negative.

GBPUSD