[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.16561 and 1.16694.

- Support line of 1.16295 and 1.16165.

Commentary/ Reason:

- The euro was edged lower at $1.1633, hitting a four-week low for the pair.

- The dollar extended its gains since last week after the 10-year T-note yield rose to a 4-1/2 month high. EUR/USD on Friday gave up early gains and moved lower on deflation concerns and dovish ECB commentary, apart from Friday's stronger-than-expected U.S. economic data that is positive for the dollar.

- Traders also braced for volatility around the U.S. presidential election week.

- Surging new COVID-19 cases also weighed on the euro. European countries have reimposed lockdown measures aimed at slowing COVID-19 infection. France, Germany and the UK have announced nationwide lockdowns for at least the next month that are almost as strict as the restrictions in March and April. Portugal has imposed a partial lockdown and Spain and Italy are tightening restrictions.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91801 and 0.91901.

- Support line of 0.91484 and 0.91385.

Commentary/ Reason:

- The dollar at one-week high of 0.9176 against the Swiss franc on Monday, after showing uptrend since last week.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30352 and 1.30910.

- Support line of 1.28548 and 1.27990.

Commentary/ Reason:

- Against the dollar, the pound was last down 0.3% to $1.2905 on Monday.

- Sterling traders continue to eye updates on Brexit trade talks. EU and British Brexit negotiators will continue talks in Brussels on Monday until around mid-week, in a sign of continued efforts to avoid a breakdown in trade when their deal deadline ends in less than nine weeks.

- With more than 20,000 new coronavirus cases a day in Britain, Prime Minister Johnson on Saturday announced a lockdown across England that will last until Dec. 2, with a possibility to be further extended.