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[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.1427 and 1.1451.

- Support line of 1.1354 and 1.1308.

Commentary/ Reason:

- The euro held at $1.1460 in early Asian trade.

- EU stimulus plan news helped push the euro to its highest level in more than four months against the U.S. dollar

- Stochastic pulled back from overbought range, though still lingers around the range.

- RSI indicators also flirting around overbought range of 70.

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

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.94446 and 0.94689.

- Support line of 0.93661 and 0.93418.

Commentary/ Reason:

- The dollar was quoted at 0.93826 Swiss franc.

- Stochastic and RSI oscillators both entered undervalued ranges.

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

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.26872 and 1.27590.

- Support line of 1.24992 and 1.24548.

Commentary/ Reason:

- The pound extended overnight gains to a 1 month high of $1.26784, ahead of fresh Brexit talks beginning today.

- Stochastic and RSI oscillators both entered overvalued range.

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

GBPUSD