[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1356 and 1.1451.

- Support line of 1.1260 and 1.1268.

Commentary/ Reason:

- The euro sat at $1.1404.

- Euro hovered just below a four-month top of $1.1451 touched overnight on hopes that European leaders can agree on a recovery fund.

- Stochastic indicator value is less than 20, signalling that the indicator had entered undervalued range.

- RSI oscillator also lingers around the oversold range.

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

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.9464 and 0.9501.

- Support line of 0.9402 and 0.9360.

Commentary/ Reason:

- Dollar advanced to 0.9455.

- Cautionary mood pushed the safe-haven Swiss franc half a percent lower overnight and it lifted the crude price and oil exporters' currencies along with it.

- Stochastic and RSI indicators value is more than 80 and 70, respectively, signalling that the indicators had entered overvalued ranges.

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

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.2585 and 1.2668.

- Support line of 1.2545 and 1.24797.

Commentary/ Reason:

- Sterling held steady at $1.2585.

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

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