Weekly Forex Technical Analysis, Nov 20 – Nov 24, 2017
The US Dollar closed the previous week lower on tax reform uncertainty and worries over the Mueller probe. U.S. Dollar Index finished the week at 93.57, down -0.75%.
In the week ahead, investors will closely watch:
RBA minutes on Tuesday at 00:30 GMT
FOMC minutes on Wednesday at 19:00 GMT
UK GDP on Thursday at 9:30 GMT
EUR/USD
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
1.1441 | 1.1539 | 1.1664 | 1.1762 | 1.1887 | 1.1985 | 1.2110 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
1.1637 | 1.1690 | 1.1722 | 1.1749 | 1.1775 | 1.1860 |
GBP/USD
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
1.2898 | 1.2980 | 1.3097 | 1.3178 | 1.3295 | 1.3377 | 1.3493 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
1.3062 | 1.3109 | 1.3138 | 1.3161 | 1.3184 | 1.3260 |
USD/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
109.42 | 110.68 | 111.38 | 112.65 | 113.35 | 114.61 | 115.31 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
111.94 | 112.41 | 112.69 | 112.93 | 113.16 | 113.91 |
EUR/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
129.47 | 130.70 | 131.42 | 132.65 | 133.37 | 134.60 | 135.32 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
131.93 | 132.39 | 132.67 | 132.91 | 133.14 | 133.88 |
GBP/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
145.74 | 146.83 | 147.48 | 148.58 | 149.22 | 150.32 | 150.97 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
147.93 | 148.34 | 148.60 | 148.80 | 149.01 | 149.67 |
This post was originally published by EarnForex
This article was originally posted on FX Empire
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