3. Headlines
• Japan trade balance stands at -0.42T vs -0.59T previous released (expected -0.33T).
• PBoC Loan Prime Rate remains unchanged at 3.85 pct.
4. Economic Data Ahead
• (0200 ET/0600 GMT) German PPI m/m, previous -0.4 pct , expected 0.2 pct.
• (0400 ET/0800 GMT) Euro Zone current account, previous 14.4B, expected 15.2B.
5. Economic Event Ahead
• EU economic summit.
• German Buba monthly report.
• (1110 ET/1510 GMT) U.K. MPC member Haldane and Tenreyro speech.
7. What Chart Says, This Week?
• We are presenting an analysis for Major Currency Crosses, Gold &
Crude for July 20, 2020
• This is a broader picture how things may move as per Charts.
• Traders are advised to have a close look on fundamental events
during the day.
• Due to High volatility, keep your SL & TP to manage RISK:REWARD
Ratio
• Trade Less…Trade On Perfect Levels….