LOOK AHEAD: Eurozone Timeline of Key Events (Times GMT)
| Date | Time | Country | Event |
| 22-Dec | 0745 | FR | Consumer Sentiment/ PPI |
| 22-Dec | 0800 | ES | GDP (f) |
| 22-Dec | 0900 | IT | ISTAT Business/Consumer Confidence |
| 22-Dec | 1400 | BE | BNB Business Sentiment |
| 26-Dec | 0800 | ES | PPI |
| 29-Dec | 0700 | DE | Import/Export Prices |
| 29-Dec | 0800 | ES | HICP (p) |
| 02-Jan | 0815 | ES | IHS Markit Manufacturing PMI (f) |
| 02-Jan | 0845 | IT | S&P Global Manufacturing PMI (f) |
| 02-Jan | 0850 | FR | S&P Global Final Manufacturing PMI (f) |
| 02-Jan | 0855 | DE | S&P Global Final Manufacturing PMI (f) |
| 02-Jan | 0900 | EU | M3 |
| 02-Jan | 0900 | EU | S&P Global Final Manufacturing PMI (f) |
| 03-Jan | 0855 | DE | Unemployment |
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
LOOK AHEAD: Eurozone Timeline of Key Events (All Times in GMT)
| Date | Time | Country | Event |
| 22-Nov | 1410 | EU | ECB's Elderson speech on Green Transition |
| 22-Nov | 1500 | EU | Consumer Confidence Indicator (p) |
| 23-Nov | 0745 | FR | Manufacturing Sentiment |
| 23-Nov | 0815 | FR | S&P Global Services/Manufacturing PMI (p) |
| 23-Nov | 0830 | DE | S&P Global Services/Manufacturing PMI (p) |
| 23-Nov | 0900 | EU | S&P Global Services/Manufacturing/Composite PMI (p) |
| 24-Nov | 0700 | DE | GDP (f) |
| 24-Nov | 0800 | ES | PPI |
| 24-Nov | 0900 | DE | IFO Business Climate Index |
| 24-Nov | 1000 | EU | ECB's Lagarde participates in Future Europe event |
| 24-Nov | 1300 | EU | ECB's De Guindos remarks and Q&A |
| 24-Nov | 1400 | BE | BNB Business Sentiment |
| 27-Nov | 1400 | EU | ECB's Lagarde statement at ECON hearing |
| 28-Nov | 0700 | DE | GFK Consumer Climate |
| 28-Nov | 0745 | FR | Consumer Sentiment |
| 28-Nov | 0900 | EU | M3 |
| 28-Nov | 1830 | EU | ECB's Lane lecture on Macroeconomic policy |
GBPUSD TECHS: Heading North
- RES 4: 1.2720 61.8% retracement of the Jul 14 - Oct 4 bear leg
- RES 3: 1.2633 2.0% 10-dma envelope
- RES 2: 1.2589 50.0% retracement of the Jul 14 - Oct 4 bear leg
- RES 1: 1.2559 High Nov 21
- PRICE: 1.2521 @ 06:13 GMT Nov 22
- SUP 1: 1.2374/2335 Low Nov 17 / 50-day EMA
- SUP 2: 1.2266 Low Nov 14
- SUP 3: 1.2187 Low Nov 10 and key short-term support
- SUP 4: 1.2138 Low Nov 2
GBPUSD traded higher Tuesday reinforcing current bullish conditions. Resistance at 1.2506, the Nov 14 high has been cleared The break confirms a resumption of the uptrend and maintains a price sequence of higher highs and higher lows. Sights are on 1.2589, 50.0% of the Jul 14 - Oct 4 bear leg. On the downside, initial support to watch has been defined at 1.2374, the Nov 17 low.
EUROSTOXX50 TECHS: (Z3) Trend Needle Points North
- RES 4: 4446.00 High Aug 10
- RES 3: 4407.40 76.4% retracement of the Jul 31 - Oct 27 bear leg
- RES 2: 4388.00 High Aug 30
- RES 1: 4366.00 High Nov 20
- PRICE: 4345.00 @ 05:49 GMT Nov 22
- SUP 1: 4256.00 High Oct 12 and a recent breakout level
- SUP 2: 4239.80/4143.00 20-day EMA / Low Nov 8
- SUP 3: 4063.00 Low Nov 1
- SUP 4: 4001.00 Low Oct 27 and bear trigger
A short-term bull cycle in Eurostoxx 50 futures remains intact and the contract is holding on to its recent gains. Price has recently cleared resistance at both the 20- and 50-day EMAs - a bullish development and activity remains above these averages. Note that resistance at 4256.00, the Oct 12 high, has also been cleared, reinforcing the bullish theme. The focus is on 4388.00, the Aug 30 high. Initial firm support to watch is at 4239.80, the 20-day EMA.
