Important Levels to Watch for:

- Resistance line of 1.18228 and 1.18277.

- Support line of 1.18070  and 1.18021.

Commentary/ Reason:

- The euro steady at $1.1823 after last week high.

- EUR/USD on Friday climbed to a 2-1/2 week high on better-than-expected Eurozone economic data. EUR has been retaining its gains despite hints of currency intervention and more easing from the ECB.

- A growing expectation of U.S. stimulus approval has also been weakening for dollar, as improving investors’ mood and their willingness to buy riskier assets such as stocks and commodity currencies.

- In coronavirus development, in the U.S. midwest, infections are at record levels and the WHO also is urging fresh curbs for Europe.




Important Levels to Watch for:

- Resistance line of 0.91101 and 0.91143.

- Support line of 0.90963 and 0.90921.

Commentary/ Reason:

- The dollar bought 0.9104 Swiss franc, steadying after Friday slump.




Important Levels to Watch for:

- Resistance line of 1.30433 and 1.30553.

- Support line of 1.30193 and 1.30073.

Commentary/ Reason:

- Sterling traded at $1.3014, having reached a one-month high of $1.3050 on Friday on guarded optimism about Brexit negotiations ahead of a European Union summit this week.

- British Prime Minister Boris Johnson has set a deadline of the Oct. 15 EU summit for a deal with the union.

- The PM also expected to announce new measures to tackle a growing coronavirus crisis on Monday, moving to work more closely with local leaders from England’s worst affected areas.