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.

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Key Price levels this week.

EURUSD.

@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

GBPUSD.

@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

EURJPY.

@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

GOLD.

@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

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Final remarks.

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Till next week.

Trade responsibly.

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