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Weekly Forex Technical Analysis, Jun 12 – Jun 16, 2017

By
Andriy Moraru
Updated: Jun 11, 2017, 08:14 GMT+00:00

As market absorb the surprising UK elections results, investors will be mainly focus on the Federal Reserve meeting on Wednesday. In addition, the Bank of

Weekly Forex Technical Analysis, Jun 12 – Jun 16, 2017

As market absorb the surprising UK elections results, investors will be mainly focus on the Federal Reserve meeting on Wednesday. In addition, the Bank of Japan and the Bank of England meetings will attract market attention.

In the week ahead, the British Pound will continue to be the major currency to track as the British parliament uncertainty remains markets biggest concern.

EUR/USD

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1.1028 1.1097 1.1145 1.1214 1.1263 1.1332 1.1380
EUR/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

1.1166 1.1194 1.1211 1.1225 1.1239 1.1284
EUR/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1.2231 1.2433 1.2573 1.2775 1.2915 1.3117 1.3257
GBP/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

1.2635 1.2716 1.2766 1.2806 1.2846 1.2977
GBP/USD Daily Chart – Fibonacci

USD/JPY

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

107.64 108.38 109.34 110.07 111.04 111.77 112.73
USD/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

109.11 109.51 109.76 109.96 110.16 110.81
USD/JPY Daily Chart – Fibonacci

EUR/JPY

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

120.38 121.50 122.46 123.58 124.54 125.66 126.62
EUR/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

122.63 123.12 123.42 123.67 123.91 124.71
EUR/JPY Daily Chart – Fibonacci

GBP/JPY

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

135.33 137.41 138.92 141.01 142.52 144.60 146.11
GBP/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%

23.6%

38.2%

50.0%

61.8%

100.0%

139.49 140.34 140.87 141.29 141.72 143.09
GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

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Andriy Morarucontributor

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