[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18491 and 1.18544.

- Support line of 1.18320  and 1.18268.

Commentary/ Reason:

- The euro held firm after three straight days of gains at $1.1845.

- The common currency was supported after the ECB showed no apparent sign of stemming the single currency’s appreciation.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.90948 and 0.91011.

- Support line of 0.90747 and 0.90685.

Commentary/ Reason:

- The dollar held steady against the safe-harbour Swiss franc at 0.9086.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30335 and 1.31340.

- Support line of 1.27085 and 1.26080.

Commentary/ Reason:

- The British pound changed hands at $1.2820, having hit a 1 1/2-month low of $1.2767 on Friday.

- The British pound still within the 1-1/2-month low against the dollar on Monday on fears about no-deal Brexit.

- The pound was under pressure from fears that Britain will end its post-Brexit transition period without agreeing any trading arrangements, explicitly acknowledged last week that it could break international law by ignoring some parts of its EU divorce treaty.

GBPUSDDDD