[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19402 and 1.20398.

- Support line of 1.16178  and 1.15182.

Commentary/ Reason:

- The euro changed hands at $1.1873, having gained 0.5% in the previous day's trade to stand just below Friday's two-year high of $1.1908, extending its bull run since European leaders agreed on a recovery fund on July 21.

-  Both Stochastic and RSI indicators entered the normal ranges of 50.

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

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.92071 and 0.93179.

- Support line of 0.90702 and 0.89595.

Commentary/ Reason:

- The pair at 0.908 as of now, after hitting new low of 0.9055 last week’s Friday.

- Stochastic oscillator pulled towards overvalued range of 80.

- RSI oscillator steadies around normal range of 50.

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

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.31647 and 1.32539.

- Support line of 1.28759  and 1.27867.

Commentary/ Reason:

- Sterling edged near Friday's 4-1/2-month high of $1.310, last quoted at $1.3134.

- Sterling traded cautiously ahead of a Bank of England policy decision due at 0600 GMT.

- Stochastic oscillator pulled back retreating from overvalued range of 80.

- RSI oscillator steadies around normal range of 50.

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