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Weekly Forex Technical Analysis, Nov 20 – Nov 24, 2017

The US Dollar closed the previous week lower on tax reform uncertainty and worries over the Mueller probe. U.S. Dollar Index finished the week at 93.57, down -0.75%.

In the week ahead, investors will closely watch:

  • RBA minutes on Tuesday at 00:30 GMT

  • FOMC minutes on Wednesday at 19:00 GMT

  • UK GDP on Thursday at 9:30 GMT

EUR/USD

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1.1441

1.1539

1.1664

1.1762

1.1887

1.1985

1.2110

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%

1.1637

1.1690

1.1722

1.1749

1.1775

1.1860

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

1.2898

1.2980

1.3097

1.3178

1.3295

1.3377

1.3493

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%

1.3062

1.3109

1.3138

1.3161

1.3184

1.3260

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

109.42

110.68

111.38

112.65

113.35

114.61

115.31

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%

111.94

112.41

112.69

112.93

113.16

113.91

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

129.47

130.70

131.42

132.65

133.37

134.60

135.32

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%

131.93

132.39

132.67

132.91

133.14

133.88

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

145.74

146.83

147.48

148.58

149.22

150.32

150.97

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%

147.93

148.34

148.60

148.80

149.01

149.67

GBP/JPY Daily Chart - Fibonacci
GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

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This article was originally posted on FX Empire

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