Weekly Forex Technical Analysis, Nov 13 – Nov 17, 2017

The US Dollar closed the previous week slightly lower on the US tax reform uncertainty. U.S. Dollar Index finished the week at 94.278, down -0.61%. The Euro was strengthening versus most currencies to settle at 1.1667. The week ahead will be busy with plenty of economic events.

In the week ahead, investors will closely watch:

• UK CPI on Tuesday at 9:30 GMT

• Eurozone on Tuesday at 10:00 GMT

• German ZEW Index on Tuesday at 10:00 GMT

• Japan GDP on Tuesday at 23:50 GMT

• US CPI &Retail Sales on Wednesday at 13:30 GMT

• UK Retail Sales on Thursday at 9:30 GMT

• Eurozone Inflation on Thursday at 10:00 GMT

EUR/USD

Floor pivot points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.1462	1.1508	1.1586	1.1632	1.1710	1.1756	1.1834

EUR/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.1554	1.1583	1.1601	1.1616	1.1631	1.1678

EUR/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.2918	1.2988	1.3089	1.3159	1.3259	1.3330	1.3430

GBP/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.3058	1.3099	1.3124	1.3144	1.3164	1.3229

GBP/USD Daily Chart – Fibonacci

USD/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
111.18	112.14	112.83	113.78	114.47	115.42	116.11

USD/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
113.09	113.48	113.72	113.91	114.11	114.73

GBP/USD Daily Chart -Fibonacci

EUR/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
129.77	130.58	131.49	132.31	133.21	134.03	134.94

EUR/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
131.40	131.80	132.05	132.26	132.46	133.12

EUR/JPY Daily Chart – Fibonacci

GBP/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
146.78	147.61	148.66	149.49	150.54	151.37	152.43

GBP/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
148.44	148.88	149.16	149.38	149.60	150.32

GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

This article was originally posted on FX Empire

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