BOBL TECHS: (Z5) Bull Cycle Intact
Oct-22 05:24
* RES 4: 119.780 High Apr 22 (cont) * RES 3: 119.600 High May 7 (cont) * RES 2: 119.250 76.4% of the...
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LOOK AHEAD: UK Timeline of Key Events (Times BST)
Sep-22 05:23
| Date | Time | Period | Event |
| 22-Sep | 1330 | --- | BOE Pill At BIS-ECB-SUERF Workshop |
| 22-Sep | 1900 | --- | BOE Bailey Fireside Chat On Supervision |
| 23-Sep | 0930 | Sep | S&P Global Manuf / Serv / Composite PMI (p) |
| 23-Sep | 1000 | --- | BOE Pill Fireside Chat At Pictet Symposium |
| 23-Sep | 1100 | Sep | CBI Industrial Trends |
| 24-Sep | 0001 | Aug | Brightmine pay deals for whole economy |
| 24-Sep | 1730 | --- | BOE Greene On Supply Shocks and MonPol |
| 25-Sep | 1100 | Sep | CBI Distributive Trades |
| 29-Sep | 0930 | Aug | BOE Lending to Individuals / M4 |
| 30-Sep | 0001 | Sep | BRC Monthly Shop Price Index |
| 30-Sep | 0700 | Q2 | GDP 2nd Est / Quarterly Current Account Balance |
| 30-Sep | 1250 | --- | BOE Lombardelli Panel On MonPol, Bank of Finland |
| 30-Sep | 1300 | --- | BOE Ramsden In Panel At ECB Inflation Conference |
| 30-Sep | 1425 | --- | BOE Mann Fireside Chat At FT |
| 30-Sep | 1630 | --- | BOE Breeden Speech At Cardiff University |
| 01-Oct | 0930 | Sep | S&P Global Manufacturing PMI (Final) |
| 02-Oct | 0930 | Sep | Decision Maker Panel data |
LOOK AHEAD: Eurozone Timeline of Key Events (Times BST)
Sep-22 05:18
| Date | Time | Country | Event |
| 22-Sep | 1445 | EU | ECB Lane At BIS-ECB-SUERF Workshop |
| 22-Sep | 1500 | EU | Consumer Confidence Indicator (p) |
| 23-Sep | 0815 | FR | S&P Global Manufacturing / Services PMI (p) |
| 23-Sep | 0830 | DE | S&P Global Manufacturing / Services PMI (p) |
| 23-Sep | 0900 | EU | S&P Global Manuf / Serv / Composite PMI (p) |
| 23-Sep | 1520 | EU | ECB Cipollone In Bloomberg Fireside Chat |
| 24-Sep | 0800 | ES | PPI |
| 24-Sep | 0900 | DE | IFO Business Climate Index |
| 24-Sep | 1400 | BE | BNB Business Confidence |
| 25-Sep | 0700 | DE | GFK Consumer Climate |
| 25-Sep | 0745 | FR | Consumer Sentiment |
| 25-Sep | 0900 | EU | M3 |
| 26-Sep | 0800 | ES | GDP (f) |
| 26-Sep | 0815 | EU | ECB Cipollone At ECB-CEPR Conference |
| 26-Sep | 0900 | IT | ISTAT Businesss / Consumer Confidence |
| 26-Sep | 0900 | EU | ECB Consumer Expectations Survey |
EURUSD TECHS: Monitoring Support
Sep-22 05:14
- RES 4: 1.2063 2.236 proj of the Feb 28 - Mar 18 - 247 price swing
- RES 3: 1.2000 Round number resistance
- RES 2: 1.1923 2.00 proj of the Feb 28 - Mar 18 - 247 price swing
- RES 1: 1.1919 High Sep 17 and key short-term resistance
- PRICE: 1.1732 @ 06:13 BST Sep 22
- SUP 1: 1.1726/1667 Intraday low / 50-day EMA
- SUP 2: 1.1574 Low Aug 27
- SUP 3: 1.1528 Low Aug 5
- SUP 4: 1.1392 Low Aug 1 and bear trigger.
The trend theme in EURUSD remains bullish and S/T weakness is considered corrective. Resistance at 1.1743, the Aug 22 high, has recently been cleared, reinforcing a bull cycle. Gains in the first half of last week resulted in a climb above 1.1829 the Jul 01 high and bull trigger. Clearance of this hurdle confirms a resumption of the primary uptrend and opens 1.1923 next, a Fibonacci projection. Support to watch is 1.1667. the 50-day EMA.
