[EURUSD]

Important Levels to Watch for:

-        Resistance line of 1.1383 and 1.1492

-        Support line of 1.1200 and 1.1146.

Commentary/ Reason:

-        Pair pulled back on Friday after some 'end of the week' profit-taking. However, the uptrend has not broken yet.

-        EURUSD is still moving along the boundary of a rising parallel channel, and in bullish uptrend.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

-        Resistance line of 0.9568 and 0.9600

-        Support line of 0.9543 (recent low) and 0.9500 (1-month low).

Commentary/ Reason:

-        Stochastic oscillator reading movement toward undervalue range.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

-        Resistance line of 1.2633 and 1.2712.

-        Support line of 1.2519 and 1.2452.

Commentary/ Reason:

-        Against the pound GBP, the dollar fell 0.26% to $1.2697 in Asia, close to its lowest since March 12.

-        Price once again entered within the boundary of a rising parallel channel.

GBPUSD