[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.23064 and 1.23647.

- Support line of 1.21898 and 1.21215.

Commentary/ Reason:

- The euro soared 0.34% to $1.2288 on Wednesday, after climbing to a high of $1.2294, a level last seen since April 2018.

- The dollar dipped to a 2-year low against the euro as traders started to dump the safe-haven U.S. currency as investors favoured riskier currencies.

- The dollar was under pressure Wednesday on month-end and year-end position squaring.

- The pair pushed high on dollar weakness and reduced Eurozone political uncertainty as the EU and UK sign a Brexit trade deal.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.89083 and 0.89657.

- Support line of 0.87935 and 0.87361.

Commentary/ Reason:

- Against the Swiss franc, the dollar retreated 0.8819, touched the weakest in more than five years.

- The riskier currencies gained ground on the prospects of increased U.S. fiscal aid and Brexit trade deal.

- More stimulus for the world’s largest economy generally will reduces demand for the perceived safety of holding the greenback.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.35814 and 1.36387.

- Support line of 1.33960 and 1.33387.

Commentary/ Reason:

- The British pound rose 0.32% against the U.S. dollar, was last trading at $1.35419 on the day.

- Sterling soared after starting the day soft, as investors take profits in the currency following the confirmation last week of a trade UK-EU trade deal that was widely expected.

- The British pound climbed as dollar was under pressure over the the prospects of its increased fiscal aid, while Eurozone political uncertainty reduced as the EU-UK sign a Brexit trade deal.