[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18894 and 1.19078.

- Support line of 1.18300 and 1.18116.

Commentary/ Reason:

- The euro gains were capped of late as the coronavirus cases continue to surge in the continent. Last sat at $1.1846 and short of the recent peak of $1.1919.

- Apart from dollar weakness, the EUR/USD also had garnered some support on Brexit optimism on reports that the U.K. and the European Union could strike a deal as soon as next week. Talks resumed on Monday between U.K. and EU negotiators and Irish Prime Minister Martin said that both sides can now see "the landing zones" around an accord.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91317 and 0.91461.

- Support line of 0.90851 and 0.90707.

Commentary/ Reason:

- The dollar little changed against the Swiss franc on Thursday, traded last at 0.9112.

- Contrary to last week, whereby encouraging progress in coronavirus vaccine testing helped the dollar rise against the Swiss franc, this time, the advancement subdued as the U.S. struggles to contain a second wave of infections, and with vaccine distribution not expected any time soon.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.33116 and 1.33383.

- Support line of 1.32251 and 1.31983.

Commentary/ Reason:

- Sterling dipped -0.28% to $1.3230 as Brexit talks dragged on. The Times reported on Thursday that Europe’s leaders would demand the European Commission publish no-deal plans as the deadline neared.

- Though the losses were pared by the consequently weaker dollar.