The US Dollar gained slightly during the previous as hawkish Fed boosted investors’ expectations for a thrids rate hike this year. The British pound settled lower on Friday after Moody’s said it downgraded the United Kingdom’s long-term issuer rating to AA2 from AA1 and changed the outlook to stable from negative.
In the week ahead, investors will closely watch:
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German Election Results
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BoJ Meeting Minutes on Wednesday at 00:50 GMT.
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German CPI on Thursday at 13:00 GMT
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US GDP on Thursday at 13:30 GMT
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UK GDP on Friday at 9:30 GMT
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Eurozone Inflation on Friday at 10:00 GMT
EUR/USD
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.1689 | 1.1775 | 1.1861 | 1.1947 | 1.2033 | 1.2119 | 1.2205 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.1861 | 1.1902 | 1.1927 | 1.1947 | 1.1967 | 1.2033 |
GBP/USD
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 1.3203 | 1.3327 | 1.3409 | 1.3533 | 1.3615 | 1.3739 | 1.3821 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 1.3450 | 1.3499 | 1.3529 | 1.3553 | 1.3577 | 1.3656 |
USD/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 109.34 | 110.17 | 111.07 | 111.89 | 112.79 | 113.61 | 114.51 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 110.99 | 111.40 | 111.65 | 111.86 | 112.06 | 112.72 |
EUR/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 130.65 | 131.53 | 132.65 | 133.53 | 134.65 | 135.53 | 136.65 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 132.41 | 132.88 | 133.17 | 133.41 | 133.64 | 134.41 |
GBP/JPY
Floor Pivot Points
| 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| 147.12 | 148.62 | 149.84 | 151.35 | 152.57 | 154.07 | 155.29 |
Fibonacci Retracement Levels
| 0.0% | 23.6% | 38.2% | 50.0% | 61.8% | 100.0% |
| 150.13 | 150.77 | 151.17 | 151.49 | 151.81 | 152.85 |
This post was originally published by EarnForex
This article was originally posted on FX Empire