[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.17282 and 1.18264.

- Support line of 1.14711 and 1.14104.

Commentary/ Reason:

- The euro changed hands at $1.17151 having hit a 22-month high of $1.17242 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

- Stochastic and RSI oscillators in over 80 and 70 values, respectively, entering overvalued ranges.

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

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.94045 and 0.94863.

- Support line of 0.91396 and 0.90577.

Commentary/ Reason:

- The franc rose to a four-month high of 0.91702 per dollar on Monday.

- Both Stochastic and RSI oscillators entered undervalued ranges.

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

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.28823 and 1.29923.

- Support line of 1.25263 and 1.24163.

Commentary/ Reason:

- Sterling hung on to early-week gains at $1.28445.

- Expect pullback from overbought range later from both Stochastic and RSI indicators.

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