[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18964 and 1.19226.

- Support line of 1.18116 and 1.17854.

Commentary/ Reason:

- The euro fetched $1.1883, flat on the day but not far from this week's high of $1.18935 touched on Tuesday and up 0.4% on week.

- Thursday's economic data was bearish for EUR/USD after Eurozone September construction output fell -2.9%, biggest decline in 5 months.

- The markets remain cautious, balancing a very positive medium-term outlook on well-founded vaccine hopes, against the current resurgence of the virus which has seen several new restrictions being imposed in the U.S.

- In Europe, there is growing worry that a $2 trillion stimulus plan will not be delivered as quickly as planned after tweaks made to the deal last month was opposed by Hungary and Poland.

- On Brexit development, the negotiations have been suspended after reports said an EU negotiator tested positive for the coronavirus.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91421 and 0.91586.

- Support line of 0.90890 and 0.90726.

Commentary/ Reason:

- The dollar little changed against the Swiss franc on Friday, traded last at 0.9096. Though edging closer to a 1-week low.

- Contrary to last week, whereby encouraging progress in coronavirus vaccine testing helped the dollar rise against the Swiss franc, this time, the advancement subdued as the U.S. struggles to contain a second wave of infections, and with vaccine distribution not expected any time soon.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.32919 and 1.33240.

- Support line of 1.31881 and 1.31560.

Commentary/ Reason:

- The currency changed hands at $1.3247 against dollar.

- Chief Brexit negotiators suspended direct talks on Thursday after a member of the EU team tested positive for COVID-19, but officials continued working remotely to clinch an EU-UK trade deal that would come into force in just six weeks.

- The British pound was on the defensive after the Times newspaper reported that European leaders will urge the European Commission to publish no-deal Brexit plans as the year-end deadline approaches.

- The leaders of France and Belgium urged the European Union to step up preparations for a no-deal Brexit at the end of the year in case negotiations with the U.K. fail to yield a last-minute breakthrough.

- The Brexit negotiations have already run long past their initial deadline. 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.