[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.23700 and 1.24037.

- Support line of 1.22643 and 1.22317.

Commentary/ Reason:

- The euro was mostly flat at $1.2320, after climbing to $1.2349 overnight for the first time since April 2018.

- Traders watched close over the results from Georgia recount. Democrats wins likely will have more freedom to set policy and that likely means more fiscal easing, which would lift risk sentiment and weigh on the dollar.

- Overnight U.S. economic data was mixed for the dollar. On the negative side, the Dec ADP employment change fell, showing a weaker labor market. Also, the Dec Markit services PMI was revised downward. On the positive side, Nov factory orders rose stronger than expectations.

- Moderna Inc's vaccine is seen as a big boost for European hopes of containing the coronavirus after been approved for inoculation from the European Medicines Authority (EMA) and the European Commission.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.88247 and 0.88542.

- Support line of 0.87419 and 0.87154.

Commentary/ Reason:

- The dollar hit its lowest in nearly six years against the Swiss franc on Wednesday.

- On Thursday, the dollar rose 0.10% to trade at 0.8790.

- Traders watched close as the Georgia run-off election results is being recount. Democrats wins likely will have more freedom to set policy and that likely means more fiscal easing, which would lift risk sentiment and weigh on the dollar.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.36941 and 1.37457.

- Support line of 1.35272 and 1.34757.

Commentary/ Reason:

- The British pound slid 0.11% to $1.3592 on Thursday trade.

- The British pound recovered from a tumble on Monday, when a surge in COVID-19 cases in the UK forced the PM to announce the new nationwide lockdown, until mid-February.