Advertisement
Advertisement

Weekly Forex Technical Analysis, Oct 9 – Oct 13, 2017

By:
Andriy Moraru
Published: Oct 8, 2017, 08:14 UTC

The US Dollar continued to strength versus major currencies during the previous week amid good economic data, despite Friday's lower than expected

Weekly Forex Technical Analysis

The US Dollar continued to strength versus major currencies during the previous week amid good economic data, despite Friday’s lower than expected non-farm payrolls.

In the week ahead, investors will closely watch:

  • UK Trade Balance on Tuesday at 9:30 GMT
  • FOMC Meeting Minutes on Wednesday at 19:00 GMT
  • ECB President, Mario Draghi speech on Thursday at 15:15 GMT
  • US September CPI, Retail Sales on Monday at 13:30 GM

EUR/USD

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.1515 1.1592 1.1660 1.1738 1.1806 1.1884 1.1952
EUR/USD Daily Chart - Pivot Points
EUR/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
1.1669 1.1704 1.1725 1.1742 1.1759 1.1815
EUR/USD Daily Chart - Fibonacci
EUR/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.2552 1.2789 1.2927 1.3164 1.3302 1.3539 1.3676
GBP/USD Daily Chart - Pivot Points
GBP/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
1.3027 1.3115 1.3170 1.3214 1.3259 1.3402
GBP/USD Daily Chart - Fibonacci
GBP/USD Daily Chart – Fibonacci

USD/JPY

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
111.02 111.67 112.13 112.79 113.25 113.90 114.37
USD/JPY Daily Chart - Pivot Points
USD/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
112.32 112.59 112.75 112.88 113.01 113.44
USD/JPY Daily Chart - Fibonacci
USD/JPY Daily Chart – Fibonacci

EUR/JPY

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
130.41 131.13 131.65 132.36 132.88 133.59 134.11
EUR/JPY Daily Chart - Pivot Points
EUR/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
131.84 132.13 132.31 132.46 132.60 133.07
EUR/JPY Daily Chart - Fibonacci
EUR/JPY Daily Chart – Fibonacci

GBP/JPY

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
141.82 144.43 145.75 148.35 149.67 152.28 153.59
GBP/JPY Daily Chart - Pivot Points
GBP/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0% 23.6% 38.2% 50.0% 61.8% 100.0%
147.04 147.96 148.54 149.00 149.46 150.96
GBP/JPY Daily Chart - Fibonacci
GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

About the Author

Andriy Morarucontributor

Did you find this article useful?

Advertisement