[EURUSD]

Important Levels to Watch for:

- Resistance line of 1.18175 and 1.18487.

- Support line of 1.17168  and 1.16857.

Commentary/ Reason:

- The euro was just below a two-week high hit overnight at $1.1789, following a gain of 0.58%.

- The euro last traded at $1.1788 on Tuesday.

- EUR/USD on Monday climbed to a two-week high on stronger-than-expected Eurozone economic data of PMI and retail sales.

- Investors are watching with concern as coronavirus infection rates climb in Europe and the U.S. and further stimulus from the ECB which may see the pair move higher.

- Investors awaited the upcoming vice president presidential debate on Wednesday.

[USDCHF]

Important Levels to Watch for:

- Resistance line of 0.91887 and 0.92070.

- Support line of 0.91294 and 0.91110.

Commentary/ Reason:

- The U.S. dollar fell to 0.9149 Swiss franc, to more than a one-week low.

- The further direction of the pair will be determined by sentiment on the USD, as the volatility is to be expected in the near-term.

[GBPUSD]

Important Levels to Watch for:

- Resistance line of 1.30207 and 1.30573.

- Support line of 1.29020 and 1.28653.

Commentary/ Reason:

- The pound at at $1.2987, after tackling its one-week high at $1.30, despite concerns about a no-deal Brexit.

- The GBP/USD pair is tracing the ascending trendline and has moved to test a new resistance level. Buyers’ conviction will be tested whether to keep uptrend or pulled back.

- Sterling awaited cues from final round of Brexit trade negotiations as the expiry of the transition period approached at the end of the year.