[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 gained 0.15% on the day to $1.1873, steadying around the price range for some time, having repeatedly failed to break above the $1.1896 resistance level.

- The dollar weakened as the rash of coronavirus restrictions across the U.S. has stoked speculation the Federal Reserve might have to ease monetary policy further, particularly with no fiscal stimulus deal in sight.

- Germany might have to extend its lockdown until mid-December.

- On Sunday, Italy's government has approved a new package worth around 10 billion euros (US$11.9 billion) to support pandemic-hit businesses.

- The focus is on the minutes of the U.S. central bank’s last policy meeting, which are due to be released on Wednesday.

[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 Monday, steadying around the price range for some time now, traded last at 0.9101, lose 0.09% on the day.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.33273 and 1.33593.

- Support line of 1.32633 and 1.32313.

Commentary/ Reason:

- The sterling edged higher to a 1-month high earlier today. The currency changed hands at $1.3318 against dollar.

- The move was supported as Britain announced that they could give regulatory approval to Pfizer-BioNTech's COVID-19 vaccine this week, even before the US authorizes it. The US Food and Drug Administration said on Friday that it would meet on Dec 10 to discuss whether to authorize the vaccine.

- Apart from that, the UK transport secretary also announced on Monday that blanket quarantine restrictions will end in time for Christmas so that families can travel to high-risk "red list" countries to visit relatives

- Meanwhile, the standoff on Brexit remains. 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.