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Weekly Forex Technical Analysis, July 17 – July 21, 2017
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The U.S. Dollar fell last week against most currencies after Janet Yellen dovish comment eased investors hopes for another rate hike in 2017. In the week
The U.S. Dollar fell last week against most currencies after Janet Yellen dovish comment eased investors hopes for another rate hike in 2017.
In the week ahead, central banks will continue to be on the main stage with the RBA meeting minutes on Tuesday, BoJ rate decision on Thursday and the ECB rate decision/press conference on Thursday.
EUR/USD
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 1.1276 | 1.1323 | 1.1395 | 1.1442 | 1.1514 | 1.1561 | 1.1633 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 1.1370 | 1.1398 | 1.1415 | 1.1430 | 1.1444 | 1.1489 |
GBP/USD
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 1.2599 | 1.2705 | 1.2900 | 1.3007 | 1.3202 | 1.3309 | 1.3504 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 1.2811 | 1.2883 | 1.2927 | 1.2962 | 1.2998 | 1.3113 |
USD/JPY
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 109.46 | 110.86 | 111.69 | 113.09 | 113.93 | 115.33 | 116.16 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 112.26 | 112.78 | 113.11 | 113.37 | 113.64 | 114.49 |
EUR/JPY
Floor pivot points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 125.81 | 127.15 | 128.08 | 129.42 | 130.35 | 131.69 | 132.62 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 128.49 | 129.03 | 129.36 | 129.63 | 129.89 | 130.76 |
GBP/JPY
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 143.27 | 144.26 | 145.77 | 146.77 | 148.28 | 149.27 | 150.78 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 145.26 | 145.85 | 146.21 | 146.51 | 146.80 | 147.76 |
This post was originally published by EarnForex
About the Author
Andriy Morarucontributor
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