The EURUSD has flirted with the March highs for four days in a row.
Investors are optimistic that the EU summit will yield results that strengthen the European Union.
Out of the EU – Japan will be closed for business on Thursday and Friday to observe the Marine and the Health-Sports days respectively.
Still in the fundamentals this week, Friday is the only day in the economic calendar full of high impact news.
Below are the key levels to watch this week.
Key Price levels this week.
Pivot – 1.13909
Resistance Levels: 1.14495, 1.14858, 1.15116, 1.15445
Support Levels: 1.13322, 1.12959, 1.12701, 1.12373
Pivot – 1.25695
Resistance Levels: 1.26406, 1.26845, 1.27158, 1.27556
Support levels. 1.24984, 1.24545, 1.24232, 1.23834
Pivot – 121.862
Resistance levels: 122.556, 122.985, 123.290, 123.679
Support levels: 121.168, 120.739, 120.434, 120.045
Pivot – 1804.77
Resistance levels: 1814.14, 1919.92, 1824.04, 1829.29
Support Levels: 1795.40, 1789.62, 1785.50, 1780.25
Key Fundamentals this week.
Monday, July 20
EUR – EU Economic Summit
Wednesday, July 22
USD – Crude Oil Inventories
Thursday, July 23
JPY – Bank Holiday
GBP – MPC Member Haskel Speaks
USD – Unemployment Claims
USD – CB Leading Index m/m
Friday, July 24
JPY – Bank Holiday
EUR – French Flash Services PMI
EUR – French Flash Manufacturing PMI
EUR – German Flash Manufacturing PMI
EUR – German Flash Services PMI
EUR – Flash Manufacturing PMI
EUR – Flash Services PMI
GBP – Flash Manufacturing PMI
GBP – Flash Services PMI
USD – Flash Manufacturing PMI
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.
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.#COVID-19 is real, be safe. #Trade safe and follow your rules. #forex #investment Click To Tweet