Key Price Levels for GBPUSD, EURUSD, EURJPY, and Gold – August 24-28, 2020

The spotlight is on the USD this week.

After posting some gains last week, investors will look into the results from economic data releases for further guidance.

Thankfully, the economic calendar this week is full of US releases with the Jackson Hole Symposium as the main event to watch.

If you are trading Gold, EURJPY, EURUSD, and GBPUSD here are the key levels to watch this week.

Need a forex broker? Try Tickmill or XM with a $30 no deposit bonus and eToro for US citizens.

Key Price levels this week.


@thetraderinyou Weekly Key Levels 24-28-August  EURUSD

Pivot – 1.18376

Resistance Levels: 1.19185, 1.19684, 1.20040, 1.20492

Support Levels: 1.17568, 1.17069, 1.16713, 1.16260


@thetraderinyou Weekly Key Levels 24-28-August GBPUSD

Pivot – 1.31374

Resistance Levels: 1.32169, 1.32660, 1.33009, 1.33454

Support levels. 1.30580, 1.30089, 1.29739, 1.29294


@thetraderinyou Weekly Key Levels 24-28-August EURJPY

Pivot – 125.224

Resistance levels: 125.996, 126.473, 126.812, 127.245

Support levels: 124.452, 123.975, 123.635, 123.203


@thetraderinyou Weekly Key Levels 24-28-August Gold

Pivot – 1955.84

Resistance levels: 1995.64, 2020.22, 2037.73, 2060.02

Support Levels: 1916.04, 1891.46, 1873.95, 1851.66

Key Fundamentals this week.

Monday, August 24

No high impact news

Tuesday, August 25

USD – CB Consumer Confidence

Wednesday, August 26

USD – Core Durable Goods Orders m/m
USD – Durable Goods Orders m/m

Thursday, August 27

USD – Prelim GDP q/q
USD – Unemployment Claims
USD – Fed Chair Powell Speaks
USD – Pending Home Sales m/m
All – Jackson Hole Symposium

Friday, August 28

USD – Core PCE Price Index m/m
USD – Personal Spending m/m
GBP – BOE Gov Bailey Speaks
USD – Chicago PMI
USD – Revised UoM Consumer Sentiment
All – Jackson Hole Symposium

Need a forex broker? Try Tickmill or XM with a $30 no deposit bonus and eToro for US citizens.

Final remarks.

Want the key levels of any instrument you are trading on MT4?

Signup to my newsletter to receive the Pivot indicator.

With it you can get the key price levels for any instrument you are trading on any MT4 platform.

Till next week.

Trade responsibly.

Hit the bell icon on the bottom right of this page to subscribe for notifications and follow me on Twitter @thetraderinyou to be the first to know when an article like this is published.

Need to try a new forex broker? Grab a $30 no deposit bonus from XM and Tickmill and trade risk-free. You can withdraw your profits.

#COVID-19 is real, be safe. #Trade safe and follow your rules. #forex #investment Click To Tweet

Leave a Comment

Are you SICK of loosing money and your mind trading?

Join traders like you and receive exclusive actionable trade ideas and resources that will help you extract money every day from the markets.