Key Price Levels for GBPUSD, EURUSD, EURJPY, and Gold – September 14-18, 2020

Except for the GBPUSD that broke the range last week, the rest of the pairs we are looking at have been trading a daily range between the last 30 – 40 trading days.

USD sellers are holding tight to their orders keeping pressure on all instruments pegged to the USD.

We’ll see how the Wednesday, FOMC statement plays out in influencing investor decisions.

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 September 14-18 Key Levels

Pivot – 1.18371

Resistance Levels: 1.18999, 1.19387, 1.19663, 1.20015

Support Levels: 1.17743, 1.17355, 1.17078, 1.16727


GBPUSD September 14-18 Key Levels

Pivot – 1.29418

Resistance Levels: 1.31364, 1.32566, 1.33422, 1.34512

Support levels. 1.27472, 1.26270, 1.25414, 1.24324


EURJPY September 14-18 Key Levels

Pivot – 125.525

Resistance levels: 126.307, 126.790, 127.134, 127.572

Support levels: 124.743, 124.260, 123.916, 123.478


GOLD September 14-18 Key Levels

Pivot – 1937.47

Resistance levels: 1960.42, 1974.60, 1984.69, 1997.55

Support Levels: 1914.52, 1900.34, 1890.25, 1877.39

Key Fundamentals this week.

Monday, September 14

No high impact news

Tuesday, September 15

GBP – Claimant Count Change

Wednesday, September 16

GBP – CPI y/y
USD – Core Retail Sales m/m
USD – Crude Oil Inventories
USD – FOMC Economic Projections
USD – FOMC Statement
USD – Federal Funds Rate
USD – FOMC Press Conference

Thursday, September 17

JPY – Monetary Policy Statement
JPY – BOJ Press Conference
GBP – MPC Official Bank Rate Votes
GBP – Monetary Policy Summary
GBP – Official Bank Rate
GBP – MPC Asset Purchase Facility Votes
USD – Philly Fed Manufacturing Index
USD – Unemployment Claims

Friday, September 18

GBP – Retail Sales m/m
USD – CB Leading Index m/m
USD – Prelim UoM Consumer Sentiment

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Final remarks.

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Till next week.

Trade responsibly.

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