[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.19237 and 1.19718.

- Support line of 1.17678 and 1.17196.

Commentary/ Reason:

- The euro at a 1-week high of $1.1854 in earlier today. Last rose 0.12% against the dollar to $1.1848 on Monday.

- Dollar weakened on news of RCEP trade deal signed and on advancement in Brexit deal. Sentiment also sagged overnight, as more recorded COVID-19 cases in the region were reported.

- A slew of U.S. Federal Reserve speakers are up this week, beginning with Vice Chair Richard Clarida at 1900 GMT.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91337 and 0.91398.

- Support line of 0.91139 and 0.91078.

Commentary/ Reason:

- The dollar added 0.14% against the Swiss franc on Monday, traded last at 0.9123.

- 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, while the cases in the U.S. is increasing daily.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.32375 and 1.32573.

- Support line of 1.31732 and 1.31533.

Commentary/ Reason:

- The British pound advanced against the dollar, changing hands at 1.3220, with the ongoing post-Brexit trade deal talks in focus.

- Britain’s top Brexit negotiator David Frost said on Sunday that Britain and the EU have made some progress in their post-Brexit trade deal negotiations but might not succeed in getting an agreement.

- Hopes for Brexit compromise also emerged after news Dominic Cummings, the most powerful adviser to Prime Minister Boris Johnson, would leave Downing Street in mid-December.

- Negotiations have already missed several deadlines and the next one looms with Thursday's European Union summit.

- British Prime Minister Boris Johnson is self-isolating after encountering someone who tested positive for the coronavirus.