[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19028 and 1.19158.

- Support line of 1.18768 and 1.18638.

Commentary/ Reason:

- The euro rose 0.17%, extending an almost 2% gain from last week to hit a 2-month high of $1.1893.

- Expectations on new U.S. president will take a slightly softer tone on trade policy is likely to weaken the dollar.

- EUR/USD rose on dollar weakness and after the European Commission raised its Eurozone 2020 GDP estimate to -7.8% from a -8.7% estimate in July. The ECB is widely expected to announce more stimulus next month.

- With COVID-19 raging in the U.S. and parts of Europe, many investors assume more monetary stimulus will be inevitable.

- Investor focus will also be on sterling and the euro this week with UK-EU trade negotiations coming to a head with the EU summit on Nov. 15.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.90056 and 0.90145.

- Support line of 0.89771 and 0.89683.

Commentary/ Reason:

- The dollar at 0.8993 against the Swiss franc on Monday, falling to more than 2-year low on Friday last week.

- The pair in cautious mood as traders braced for volatility around the U.S. presidential election result.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.31971 and 1.32749.

- Support line of 1.29449 and 1.28671.

Commentary/ Reason:

- Sterling is at $1.3184 after hit its highest in more than 2-months of $1.31923 earlier in the day.

- Investor focus will also be on sterling and the euro this week with UK-EU trade negotiations coming to a head with the EU summit on Nov. 15.

- Later today is appearances from Bank of England Governor Andrew Bailey and chief economist Andy Haldane at 1035 GMT and 1400 GMT, where talk of negative rates, economic impact of coronavirus and long term implications for the UK is in focus.