The US dollar remains relatively strong post the Federal Reserve rate hike last Wednesday, investors will continue to predict the next rate hike based on the upcoming economic data.
Global political uncertainty remains an ever present threat to weigh on share markets and push funds into safe haven assets such as precious metal and cryptocurrencies.
A quiet week awaits as no major events are expected.
EUR/USD
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 1.0957 | 1.1044 | 1.1120 | 1.1208 | 1.1284 | 1.1371 | 1.1447 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 1.1132 | 1.1170 | 1.1194 | 1.1214 | 1.1233 | 1.1295 |
GBP/USD
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 1.2491 | 1.2565 | 1.2671 | 1.2744 | 1.2850 | 1.2923 | 1.3029 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 1.2638 | 1.2680 | 1.2706 | 1.2728 | 1.2749 | 1.2817 |
USD/JPY
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 106.67 | 107.74 | 109.28 | 110.35 | 111.89 | 112.96 | 114.50 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 108.81 | 109.42 | 109.80 | 110.11 | 110.42 | 111.41 |
EUR/JPY
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 120.75 | 121.57 | 122.81 | 123.63 | 124.87 | 125.69 | 126.93 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 122.40 | 122.88 | 123.18 | 123.43 | 123.67 | 124.46 |
GBP/JPY
Floor Pivot Points
3rd Sup |
2nd Sup |
1st Sup |
Pivot |
1st Res |
2nd Res |
3rd Res |
| 135.67 | 137.16 | 139.33 | 140.83 | 143.00 | 144.49 | 146.66 |
Fibonacci Retracement Levels
0.0% |
23.6% |
38.2% |
50.0% |
61.8% |
100.0% |
| 138.66 | 139.52 | 140.06 | 140.49 | 140.92 | 142.32 |
This post was originally published by EarnForex
