[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18873 and 1.19331.

- Support line of 1.17388  and 1.16929.

Commentary/ Reason:

- The euro was little changed at 1.1846 per dollar on Friday.

- The pair was steady in early Asia trading on Friday after dollar falling overnight as downbeat U.S. data cast a shadow over the economic outlook.

- The euro zone PMI data next week will be a key focus, with some analysts saying a strong PMI could take the common currency back to the 1.19 level versus the dollar.

EURUSD

 

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91397 and 0.91657.

- Support line of 0.90556 and 0.90297.

Commentary/ Reason:

- The Swiss franc was last quoted at 0.9085 against the greenback on Asian Friday trade.

USDCHF

 

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30294 and 1.30813.

- Support line of 1.28613 and 1.28093.

Commentary/ Reason:

- Sterling was last trading at $1.2954.

- The pound lost around one cent on Thursday after the Bank of England said it was considering negative interest rates as the UK economy faces rising COVID-19 cases, higher unemployment, and a possible new Brexit shock.

- BoE also kept its main stimulus programs on hold, citing a faster-than-expected economic recovery from pandemic lows.

GBPUSD