The US Dollar closed the previous week lower on weaker than expected inflation data and the increasing tension between the US and North Korea. Traders will closely watch the media clash between Donald Trump and Kim Jong Un as geopolitical fears significantly affect financial markets.
In the week ahead, investors will also pay attention to fundamentals with the UK inflation on Tuesday, US retail sales on Tuesday, FOMC minutes on Wednesday and UK retail sales on Thursday.
EUR/USD
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.1564 | 1.1626 | 1.1723 | 1.1785 | 1.1881 | 1.1943 | 1.2039 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.1689 | 1.1726 | 1.1749 | 1.1768 | 1.1786 | 1.1847 |
GBP/USD
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.2825 | 1.2882 | 1.2944 | 1.3001 | 1.3064 | 1.3121 | 1.3183 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.2939 | 1.2967 | 1.2985 | 1.2999 | 1.3013 | 1.3058 |
USD/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 106.09 | 107.41 | 108.29 | 109.60 | 110.48 | 111.79 | 112.67 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 108.72 | 109.24 | 109.56 | 109.82 | 110.08 | 110.92 |
EUR/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 124.97 | 126.51 | 127.79 | 129.33 | 130.61 | 132.15 | 133.43 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 128.05 | 128.71 | 129.12 | 129.46 | 129.79 | 130.87 |
GBP/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 137.13 | 139.18 | 140.59 | 142.65 | 144.05 | 146.11 | 147.52 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 141.24 | 142.06 | 142.56 | 142.97 | 143.38 | 144.70 |
This post was originally published by EarnForex
