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

Jan-19 06:18
Date Time Country Event
19/01/2024 0700 DE PPI
19/01/2024 1000 EU GDP Q3 2023 revisions
19/01/2024 1000 EU ECB's Lagarde in Stakeholder Dialogue at WEF
23/01/2024 1500 EU Consumer Confidence Indicator (p)
24/01/2024 0815 FR S&P Global Services/Manufacturing PMI (p)
24/01/2024 0830 DE S&P Global Services/Manufacturing PMI (p)
24/01/2024 0900 EU S&P Global Services/Manufacturing/Composite PMI (p)
25/01/2024 0745 FR Manufacturing Sentiment
25/01/2024 0800 ES PPI
25/01/2024 0900 DE IFO Business Climate Index
25/01/2024 1315 EU ECB Deposit/Main Refi/Lending Rate
25/01/2024 1330 EU ECB Monetary Policy Press Conference
25/01/2024 1400 BE BNB Business Sentiment

Historical bullets

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

Dec-20 06:18
Date Time Country Event
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
29-Dec 0800 ES HICP (p)

SCHATZ TECHS: (H4) Bullish Outlook

Dec-20 06:17
  • 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 @ 05:51 GMT Dec 20
  • SUP 1: 106.160/019 Low Dec 15 / 20-day EMA
  • SUP 2: 105.955 Low Dec 13 and key short-term support
  • SUP 3: 105.780 Low Dec 1
  • SUP 4: 105.640 Low Nov 29

Trend conditions in Schatz futures remain bullish and recent gains reinforce 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: Trend Structure Remains Bullish

Dec-20 06:05
  • 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: 1.2721 @ 06:03 GMT Dec 20
  • SUP 1: 1.2600 20-day EMA
  • SUP 2: 1.2500 Low Dec 13 and key support
  • SUP 3: 1.2449 Low Nov 22
  • SUP 4: 1.2374 Low Nov 17

A bullish theme in GBPUSD remains intact and recent gains reinforce this theme. Moving average studies are in a bull-mode set-up too, 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 1.2600, the 20-day EMA. The pullback from last Friday’s high is considered corrective.