[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19153 and 1.19562.

- Support line of 1.17828 and 1.17417.

Commentary/ Reason:

- The euro advanced 0.10% to stay at $1.1851, though still lacking momentum to clear a hurdle to $1.19.

- The dollar weakened as the rash of coronavirus restrictions across the U.S. has stoked speculation the Federal Reserve might have to ease monetary policy further, particularly with no fiscal stimulus deal in sight.

- Chicago Federal Reserve Bank President Charles Evans said Monday that even if rapid vaccine distribution next year puts the economy on course for a faster recovery, the U.S. central bank still expected to keep interest rates at their current near-zero level until perhaps into 2024.

- On Sunday, Italy's government has approved a new package worth around 10 billion euros (US$11.9 billion) to support pandemic-hit businesses.

- The focus is on the minutes of the U.S. central bank’s last policy meeting, which are due to be released on Wednesday.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91623 and 0.91921.

- Support line of 0.90659 and 0.90361.

Commentary/ Reason:

- The dollar little changed against the Swiss franc on Tuesday, steadying around the price range for some time now.

- The pair last traded at 0.9120.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.34124 and 1.34643.

- Support line of 1.32443 and 1.31923.

Commentary/ Reason:

- The sterling was last trading at $1.3334, up 0.09% on the day.

- The British pound jump near a 3-month high against the dollar overnight, propped up by bets that Britain and the European Union would clinch a Brexit trade deal.

- London and Brussels this week continue their negotiations to agree a deal on their future trading relationship, though time is now running very short as Britain’s post-Brexit transition period ends in fewer than six weeks. The three main sticking points in the Brexit talks remain fish stocks, economic fair play for companies including state aid, and ways to settle trade disputes.

- The move also supported as Britain announced that they could give regulatory approval to Pfizer-BioNTech's COVID-19 vaccine this week, even before the US authorises it. The US Food and Drug Administration said on Friday that it would meet on Dec 10 to discuss whether to authorise the vaccine.

- Apart from that, the UK transport secretary also announced on Monday that blanket quarantine restrictions will end in time for Christmas so that families can travel to high-risk "red list" countries to visit relatives