Advertisement
Advertisement
Weekly Forex Technical Analysis, Nov 13 – Nov 17, 2017
By:
The US Dollar closed the previous week slightly lower on the US tax reform uncertainty. U.S. Dollar Index finished the week at 94.278, down -0.61%. The
The US Dollar closed the previous week slightly lower on the US tax reform uncertainty. U.S. Dollar Index finished the week at 94.278, down -0.61%. The Euro was strengthening versus most currencies to settle at 1.1667. The week ahead will be busy with plenty of economic events.
In the week ahead, investors will closely watch:
- UK CPI on Tuesday at 9:30 GMT
- Eurozone on Tuesday at 10:00 GMT
- German ZEW Index on Tuesday at 10:00 GMT
- Japan GDP on Tuesday at 23:50 GMT
- US CPI &Retail Sales on Wednesday at 13:30 GMT
- UK Retail Sales on Thursday at 9:30 GMT
- Eurozone Inflation on Thursday at 10:00 GMT
EUR/USD
Floor pivot points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.1462 | 1.1508 | 1.1586 | 1.1632 | 1.1710 | 1.1756 | 1.1834 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.1554 | 1.1583 | 1.1601 | 1.1616 | 1.1631 | 1.1678 |
GBP/USD
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.2918 | 1.2988 | 1.3089 | 1.3159 | 1.3259 | 1.3330 | 1.3430 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.3058 | 1.3099 | 1.3124 | 1.3144 | 1.3164 | 1.3229 |
USD/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 111.18 | 112.14 | 112.83 | 113.78 | 114.47 | 115.42 | 116.11 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 113.09 | 113.48 | 113.72 | 113.91 | 114.11 | 114.73 |
EUR/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 129.77 | 130.58 | 131.49 | 132.31 | 133.21 | 134.03 | 134.94 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 131.40 | 131.80 | 132.05 | 132.26 | 132.46 | 133.12 |
GBP/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 146.78 | 147.61 | 148.66 | 149.49 | 150.54 | 151.37 | 152.43 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 148.44 | 148.88 | 149.16 | 149.38 | 149.60 | 150.32 |
This post was originally published by EarnForex
About the Author
Andriy Morarucontributor
Advertisement