Skip to main content
Advertisement
Advertisement

Weekly Forex Technical Analysis, Sep 18 – Sep 22, 2017

By: 
Andriy Moraru
Forex

The star of the previous was the British pound as it hit its highest rate since Brexit and the best week in almost nine years. The catalyst for the Pound

The star of the previous was the British pound as it hit its highest rate since Brexit and the best week in almost nine years. The catalyst for the Pound strength was Hawkish comments from BoE members.

  • BoE governor speech on Monday at 8:00 GMT, Eurozone Inflation on Monday at 10:00 GMT.
  • Eurozone Inflation on Monday at 10:00 GMT.
  • RBA Meeting Minutes on Tuesday at 4:30 GMT.
  • UK August Retail Sales on Wednesday at 9:30 GMT.
  • FOMC Rate Decision and press conference on Wednesday at 17:00 GMT.
  • BoJ Rate Decision on Thursday at 4:00 GMT.

EUR/USD

Floor Pivot Points

3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.1654 1.1746 1.1845 1.1937 1.2037 1.2129 1.2228
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%
1.1838 1.1883 1.1911 1.1934 1.1956 1.2029
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
1.2793 1.2971 1.3261 1.3439 1.3729 1.3907 1.4197
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%
1.3149 1.3259 1.3328 1.3383 1.3438 1.3617
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
105.67 106.90 108.87 110.10 112.07 113.30 115.27
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%
108.13 108.89 109.36 109.73 110.11 111.33
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
127.45 128.72 130.56 131.83 133.67 134.94 136.78
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%
129.98 130.72 131.17 131.54 131.90 133.09
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
135.90 139.21 144.91 148.23 153.92 157.24 162.94
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%
142.53 144.66 145.97 147.04 148.10 151.54
GBP/JPY Daily Chart - Fibonacci
GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

About the Author

Andriy Morarucontributor

Latest news and analysis

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement