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

Jan-17 06:19
Date Time Country Event
17-Jan 1000 EU HICP (f)
17-Jan 1515 EU ECB's Lagarde in Stakeholder Dialogue at WEF
18-Jan 0900 EU EZ Current Account
18-Jan 1000 EU Construction Production
18-Jan 1515 EU ECB's Lagard in Stakeholder Dialogue at WEF
19-Jan 0700 DE PPI
19-Jan 1000 EU GDP Q3 2023 revisions
19-Jan 1000 EU ECB's Lagarde in Stakeholder Dialogue at WEF
23-Jan 1500 EU Consumer Confidence Indicator (p)
24-Jan 0815 FR S&P Global Services/Manufacturing PMI (p)
24-Jan 0830 DE S&P Global Services/Manufacturing PMI (p)
24-Jan 0900 EU S&P Global Services/Manufacturing/Composite PMI (p)
25-Jan 0745 FR Manufacturing Sentiment
25-Jan 0800 ES PPI
25-Jan 0900 DE IFO Business Climate Index
25-Jan 1315 EU ECB Deposit/Main Refi/Lending Rate
25-Jan 1330 EU ECB Monetary Policy Press Conference
25-Jan 1400 BE BNB Business Sentiment

Historical bullets

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

Dec-18 06:18
Date Time Country Event
18-Dec 0900 DE IFO Business Climate Index
18-Dec 1330 EU ECB Schnabel Lectures On EU Fiscal Policy And Governance
18-Dec 1500 EU ECB Lane Chairs Panel on EMU Reforms
19-Dec 0900 EU ECB Elderson Statement On Banking Risks and Priorities
19-Dec 1000 EU HICP (f)
20-Dec 0700 DE PPI/ GFK Consumer Climate
20-Dec 0900 EU EZ Current Account
20-Dec 1000 EU Construction Production
20-Dec 1400 EU ECB Lane Speech On Euro Area Outlook
20-Dec 1500 EU Consumer Confidence Indicator (p)
21-Dec 0745 FR Manufacturing Sentiment
21-Dec 0900 IT PPI
21-Dec 1600 EU ECB Lane Participates In Workshop Panel
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

SCHATZ TECHS: (H4) Bullish Outlook

Dec-18 06:13
  • RES 4: 106.774 1.618 proj of the Nov 24 - 30 minor price swing
  • RES 3: 106.698 1.50 proj of the Nov 24 - 30 minor price swing
  • RES 2: 106.621 1.382 proj of the Nov 24 - 30 minor price swing
  • RES 1: 106.527 1.236 proj of the Nov 24 - 30 minor price swing
  • PRICE: 106.385 @ 05:56 GMT Dec 18
  • SUP 1: 106.160 Low Dec 15
  • SUP 2: 105.955 Low Dec 13
  • SUP 3: 105.780 Low Dec 1
  • SUP 4: 105.640 Low Nov 29

Trend conditions in Schatz futures remain bullish and last week’s rally reinforces current conditions. The contract has cleared 106.290, the Dec 6 high. This confirms a resumption of the uptrend and maintains the positive price sequence of higher highs and higher lows. Scope is seen for a climb towards 106.527, a Fibonacci projection. Key short-term support has been defined at 105.955, Dec 13 low. A pullback would be considered corrective.

GBPUSD TECHS: Bullish Trend Structure

Dec-18 06:08
  • RES 4: 1.2996 High Jul 27
  • RES 3: 1.2881 76.4% retracement of the Jul 14 - Oct 4 bear leg
  • RES 2: 1.2819 High Aug 10
  • RES 1: 1.2800 High Aug 22
  • PRICE: 1.2689 @ 06:06 GMT Dec 18
  • SUP 1: 1.2612 Low Dec 14
  • SUP 2: 1.2579/00 20-day EMA / Low Dec 13 and key support
  • SUP 3: 1.2482 50-day EMA
  • SUP 4: 1.2374 Low Nov 17

A bullish theme in GBPUSD remains intact and last week’s rally reinforces this theme. Note that moving average studies are in a bull-mode set-up, highlighting a rising trend. Key resistance and the bull trigger at 1.2733, the Nov 29 high, has been cleared, confirming a resumption of the uptrend. Sights are on 1.2800 next. Initial firm support to watch is 1.2579, the 20-day EMA.