[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.22825 and 1.23303.

- Support line of 1.21279 and 1.20801.

Commentary/ Reason:

- The euro slid down 0.15% to $1.2221 on Tuesday, as investors rushing for its relative safety as many countries tightened COVID-19 lockdowns.

- EUR/USD on Tuesday continue to move moderately lower on economic concerns weighed on the euro after many countries banned flights from the UK and France closed its border with England.

- Investors are looking ahead to confidence data in the U.S. and Germany later today.

- Investors also have been cheered by the expectation that stimulus checks could go out to Americans next week.

- Other factor on the euro sentiment was as it took a hit due to faltering Brexit trade negotiations between the EU and Britain.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.89219 and 0.89536.

- Support line of 0.88190 and 0.87872.

Commentary/ Reason:

- The dollar advanced on Tuesday to stay at 0.8867 against the Swiss franc, added 0.14% as investors rushing for safe haven currencies.

- The dollar cheered by the expectation that stimulus checks that could go out to Americans next week.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.34973 and 1.35714.

- Support line of 1.32574 and 1.31833.

Commentary/ Reason:

- Sterling touched 10-day lows against the dollar overnight, although it pared some of its losses today, while still lose 0.57% on the day.

- It was last down at $1.3380, remained on edge on Tuesday, as Brexit talks progress and a fast-spreading new strain of the coronavirus had broken out.

- On Brexit front, British PM Boris Johnson has warned that there are still “problems” in securing a trade deal with Europe, but financial markets remain hopeful that something can be struck before Britain’s exemption from tariffs expires on Dec. 31.

- The currency came under pressure after Britain imposed tough new curbs to stem a fast-spreading new coronavirus strain.