{"id":10081,"date":"2020-06-22T09:05:14","date_gmt":"2020-06-22T09:05:14","guid":{"rendered":"https:\/\/errante.net\/the-week-ahead-22nd-26th-june-2020\/"},"modified":"2020-06-22T09:05:14","modified_gmt":"2020-06-22T09:05:14","slug":"the-week-ahead-22nd-26th-june-2020","status":"publish","type":"post","link":"https:\/\/errante.net\/zh-hans\/the-week-ahead-22nd-26th-june-2020\/","title":{"rendered":"The Week Ahead 22nd – 26th June 2020"},"content":{"rendered":"\n

Market Outlook for Today<\/strong><\/h2>\n\n\n\n

The\u202fforex\u202fmarkets opened the week softly but with the Asian stocks on a rather mixed sentiment instead.  The AUD and NZD are slightly higher while the USD, JPY and CAD are trading on a milder tone. Additionally, major pairs and crosses are generally stuck in within Friday’s range.  <\/p>\n\n\n\n

With regards to today\u2019s fundamental drivers, a hint could be seen from the economic calendar, which seemed rather muted, the norm for a Monday. In order to expect a heightened volatility in the markets, traders could probably wait for the wave of PMI data to be announced from Tuesday onwards, before taking any trading decisions. <\/p>\n\n\n\n

In terms of Risk events for the week, flash PMIs dominates as mentioned above, which usually provide an insight into how economies are attempting to recover from coronavirus lockdowns.  <\/p>\n\n\n\n

In terms of a generic outlook on currencies trend for today, the USD and JPY are trading from mildly to moderately Bearish, while both AUD and NZD are moderately Bullish so far.  <\/p>\n\n\n\n

Based on short to medium term, the top three movers are as follows: <\/p>\n\n\n\n

AUD\/JPY<\/strong>, <\/strong>AUD\/USD<\/strong> & <\/strong>GBP<\/strong>\/JPY<\/strong> (based on 4hr chart) <\/p>\n\n\n\n

However, with regards to pairs that are preferred or traded as the Top Three Top movers, in the medium to long term are as follows: <\/p>\n\n\n\n

AUD\/JPY, AUD\/USD & NZD\/JPY<\/strong> (based on Daily chart).<\/p>\n\n\n\n

Today’s High Impact Events<\/strong><\/h2>\n\n\n\n

The times below are GMT+3<\/p>\n\n\n\n

Monday 22nd June 2020<\/strong> <\/h3>\n\n\n\n