[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.22305 and 1.22590.

- Support line of 1.21382 and 1.21056.

Commentary/ Reason:

- The euro steadied at $1.2208, after the dollar posted its sharpest daily fall in more than a month of 0.47% overnight.

- The dollar nursed losses on Wednesday as a retreat in U.S. yields sapped the 3-day streak for the dollar momentum. Investors resumed the bets that dollar can resume sliding.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.89146 and 0.89376.

- Support line of 0.88402 and 0.88172.

Commentary/ Reason:

- The dollar slid 0.46% overnight, down from its 1-month high 0.89198, to stay at 0.8859 on Wednesday.

- A retreating T-note yields are negative for the dollar since that weakened the dollar's interest rate differentials. Treasury yields retreated from a 10-month high as traders mulled investor demand for bonds and the prospect of fiscal spending.

-  Investors resumed bets that the dollar can resume sliding.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.37165 and 1.37803.

- Support line of 1.35101 and 1.34463.

Commentary/ Reason:

- Sterling hit a week-high of $1.3692 earlier today, before steadying to $1.3679, still up 0.13% on the day.

- Dollar dropped more than 1% against the pound overnight, which was partly boosted by the Bank of England governor talking down the prospect of negative rates.

- The BoJ Governor Bailey also said that the recent resurgence of the COVID-19 pandemic had left UK economy in 'very difficult' period that will delay its eventual recovery.

- The extra stimulus spending expectation from the new administration also anticipated to trigger faster dollar inflation, which would make the greenback less attractive.