[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.23479 and 1.23867.

- Support line of 1.22224 and 1.21837.

Commentary/ Reason:

- The euro edged lower on Friday as it fell back from Wednesday's 2-3/4 year high.

- On Friday, the euro down 0.06% to $1.2263, following Thursday’s 0.5% drop.

- A higher U.S yields helped a bruised dollar to recover, as the country’s domestic political uncertainty fades.

- Overnight Eurozone economic data than was mixed also weighting on the euro. While the Eurozone Dec economic confidence, and the German Nov factory orders rose stronger than expected, other data pared less. Eurozone Dec core CPI unchanged from Nov, and the Eurozone Nov retail sales fell biggest in 7 months. Slack price pressures also dovish for ECB policy.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.88836 and 0.89183.

- Support line of 0.87714 and 0.87367.

Commentary/ Reason:

- Against the Swiss franc, the dollar hit its highest since December 28 last year.

- The pair rose 0.14% on the day to trade at 0.8854.

- The dollar garnered some support on reduced U.S. political uncertainty after Joe Biden was certified by Congress late Wednesday night as the next U.S. president, and President Trump released a statement saying, "there will be an orderly transition on January 20".

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.36404 and 1.36793.

- Support line of 1.35143 and 1.34753.

Commentary/ Reason:

- Sterling was last trading at $1.3563, marginally moved on the day.

- Overnight, the British pound edged lower to touch a weekly low of $1.3532.

- GBP/USD slipped for a second day as a higher U.S yields helped a bruised dollar to recover, on reduced U.S. political uncertainty.