The US Dollar closed the previous week lower amid dovish Janet Yellen and Donald Trump’s suggestion to shut down the government which increased political instability.
In the week ahead, investors will closely watch the US nonfarm payrolls on Friday, US Q2 growth domestic product on Wednesday, Eurozone inflation figures on Thursday and the UK manufacturing PMI on Friday.
EUR/USD
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
1.1577 | 1.1654 | 1.1787 | 1.1864 | 1.1998 | 1.2075 | 1.2208 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
1.1731 | 1.1780 | 1.1811 | 1.1836 | 1.1861 | 1.1941 |
GBP/USD
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
1.2649 | 1.2711 | 1.2792 | 1.2854 | 1.2934 | 1.2996 | 1.3076 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
1.2774 | 1.2807 | 1.2828 | 1.2845 | 1.2862 | 1.2916 |
USD/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
107.50 | 108.07 | 108.71 | 109.27 | 109.91 | 110.48 | 111.12 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
108.63 | 108.92 | 109.09 | 109.24 | 109.38 | 109.84 |
EUR/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
125.89 | 126.86 | 128.49 | 129.46 | 131.09 | 132.05 | 133.68 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
127.83 | 128.44 | 128.82 | 129.13 | 129.43 | 130.43 |
GBP/JPY
Floor Pivot Points
3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
137.95 | 138.61 | 139.69 | 140.36 | 141.43 | 142.10 | 143.17 |
Fibonacci Retracement Levels
0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
139.28 | 139.69 | 139.95 | 140.15 | 140.36 | 141.03 |
This post was originally published by EarnForex
This article was originally posted on FX Empire