LOOK AHEAD: Eurozone Timeline of Key Events (Times BST)

Oct-08 05:18
DateTimeCountryEvent
08-Oct0700DEIndustrial Production
08-Oct1130EUECB Elderson In Panel at Finance Conference
08-Oct1700EUECB Lagarde Video Message at Werner Report Event
09-Oct0700DETrade Balance
09-Oct---EUECB Lagarde & Cipollone at Eurogroup Meeting
09-Oct1600EUECB Lane Roundtable at Irish Investment Managers Event
10-Oct1000ITIndustrial Production
10-Oct---EUECB de Guindos at ECOFIN Meeting
13-Oct---EUECB Lagarde and Cipollone at IMF/World Bank Meetings
14-Oct0700DEGermany CPI (f)
14-Oct0850EUECB Cipollone Speech on Digital Euro
14-Oct1000DEZEW Current Expectations Index
14-Oct---EUECB Lagarde and Cipollone at G20 Meeting
15-Oct0745FRHICP (f)
15-Oct0800ESHICP (f)
15-Oct0840EUECB de Guindos at Resolution Mechanism Conference
15-Oct1000EUEZ Industrial Production
15-Oct1900EUECB de Guindos at Alantra Anniversary Event

Historical bullets

LOOK AHEAD: Eurozone Timeline of Key Events (Times BST)

Sep-08 05:18
DateTimeCountryEvent
08-Sep0700DETrade Balance / Industrial Production
09-Sep0745FRIndustrial Production
10-Sep0800ESIndustrial Production
10-Sep0900ITIndustrial Production
11-Sep1315EUECB Rate Decision
11-Sep1345EUECB Press Conference
11-Sep1515EUECB Lagarde Presents Rate Decision on ECB Podcast
12-Sep0700DEGermany CPI (f)
12-Sep0745FRHICP (f)
12-Sep0800ESHICP (f)
12-Sep1000EULabour Market Quarterly Statistics
15-Sep1000EUTrade Balance
15-Sep1910EUECB Lagarde at Institut Montaigne Paris
16-Sep0900ITHICP (f)
16-Sep1000DEZEW Current Expectations Index
16-Sep1000EUEZ Industrial Production

BOBL TECHS: (Z5) Bullish Structure

Sep-08 05:17
  • RES 4: 118.635 1.500 proj of the Aug 25 - 28 - Sep 2 price swing     
  • RES 3: 118.561 1.382 proj of the Aug 25 - 28 - Sep 2 price swing  
  • RES 2: 118.469 1.236 proj of the Aug 25 - 28 - Sep 2 price swing 
  • RES 1: 118.350 High Sep 5 
  • PRICE: 118.200 @ 05:12 BST Sep 6
  • SUP 1: 117.920 Low Sep 4    
  • SUP 2: 117.690 Low Sep 2    
  • SUP 3: 117.630 Low Aug 25  and a key short-term support   
  • SUP 4: 117.481 123.6% retracement projection of Aug 25 - 28 rally  

Bobl futures rallied Friday. The contract has breached resistance at 118.260, the Aug 28 high. A breach of this level undermines the recent bearish theme and signals scope for a stronger recovery towards 118.469, a Fibonacci projection. On the downside, initial support to watch lies at 117.920, the Sep 4 low. A break of this level would highlight a reversal and instead expose 117.690, the Sep 2 low.

EURUSD TECHS: Monitoring Resistance

Sep-08 05:04
  • RES 4: 1.1851 High Sep 10 2021
  • RES 3: 1.1829 High Jul 01 and the bull trigger 
  • RES 2: 1.1789 High Jul 24 
  • RES 1: 1.1760 High Sep 5
  • PRICE: 1.1714 @ 06:04 BST Sep 8
  • SUP 1: 1.1619 50-day EMA
  • SUP 2: 1.1574/1.1528 Low Aug 27 / Low Aug 5
  • SUP 3: 1.1392 Low Aug 1 and bear trigger
  • SUP 4: 1.1373 Low Jun 10

The trend theme in EURUSD remains bullish. Friday’s gains resulted in a print above resistance at 1.1743, the Aug 22 high. A clear break of this hurdle would mark a short-term bullish development and signal scope for an extension towards 1.1829, the Jul 01 high and bull trigger. Support to watch is around the 50-day EMA, at 1.1619. A clear breach of this average would signal scope for a deeper retracement.