Key Price Levels for GBPUSD, EURUSD, EURJPY, and Gold – June 15 – 19, 2020

The week is starting with dollar strength.

We’ve put together key price levels for the currency pairs we are trading this week – GBPUSD, EURUSD, EURJPY, and Gold.

We also comment on important levels each day.

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Key Price levels this week.

EURUSD.

EURUSD June Forecast

Pivot – 1.12962.

Resistance Levels: 1.13763, 1.14258, 1.14611, 1.15059, 1.15860, 1.16355, 1.17156.

Support Levels: 1.12161, 1.11666, 1.11314, 1.10865, 1.10064, 1.09569, 1.08768

GBPUSD.

GBPUSD  June Forecast

Pivot – 1.26080.

Resistance Levels: 1.27378, 1.28180, 1.28751, 1.29478, 1.30776, 1.31578, 1.32876.

Support levels. 1.24782, 1.23980, 1.23409, 1.22682, 1.21384, 1.20582, 1.19284

EURJPY.

EURJPY  June Forecast

Pivot – 121.730.

Resistance levels: 123.206, 124.118, 124.767, 125.594, 127.070, 127.982, 129.458

Support levels: 120.254, 119.342, 118.693, 117.866, 116.390, 115.478, 114.002

GOLD.

GOLD  June Forecast

Pivot – 1717.27.

Resistance levels: 1742.99, 1758.89, 1770.20, 1784.61, 1810.33, 1826.23, 1851.95.

Support Levels: 1691.55, 1675.65, 1664.34, 1649.93, 1624.21, 1608.31, 1582.59

Key Fundamentals this week.

Tuesday, June 16

Japan Monetary Policy Statement

UK – Claimant Count Change

US – Core Retail Sales

US – Retail Sales

US – Fed Chair Powell Testifies

Wednesday, June 17

US – Fed Chair Powell Testifies

Thursday, June 18

UK – Asset Purchase Facility
UK – MPC Asset Purchase Facility Votes
UK – MPC Official Bank Rate Votes
UK – Monetary Policy Summary
UK – Official Bank Rate

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Final remarks.

Pure price action traders know price is always predictable when it reaches key support resistance levels.

We keep an eye for them for entry and exit opportunities.

Till next week.

Trade responsibly.

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