[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18401 and 1.18740.

- Support line of 1.17305 and 1.16966.

Commentary/ Reason:

- The euro at $1.1770 against the dollar on Thursday.

- Overnight, the euro fell to its lowest level against the dollar in a week. The euro slipped 0.3% after the ECB President Christine Lagarde said it would focus on bond buying and cheap loans to boost pandemic-wrecked economies, when it puts together its new stimulus package next month.

- 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 0.92001 and 0.92229.

- Support line of 0.91263 and 0.91035.

Commentary/ Reason:

- The dollar little changed against the Swiss franc on Thursday, traded last at 0.9161.

- Overnight, the dollar stood above 1-week top against the Swiss franc at 0.91912.

- Initial optimism about coronavirus vaccine testing pushed the dollar up against the safe-harbour Swiss franc, though the momentum is starting to fade as the government made statement that there are still several obstacles to clear before a vaccine can be distributed.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.33180 and 1.33653.

- Support line of 1.31647 and 1.31173.

Commentary/ Reason:

- Overnight, the British pound traded at $1.3311, close to a 2-month high due to growing optimism that Britain and the European Union will agree a long-sought-after trade deal.

- However, the sterling was lower on today trade, was last trading at $1.3209, down 0.10% on the day, as more recorded COVID-19 cases in the region were reported.

- Despite positive news on the vaccine front, the pandemic situation remains severe with the United Kingdom reported its highest daily deaths since May yesterday.

- UK-EU trade negotiations coming to a head with the EU summit on Nov. 15.