Weekly Forex Technical Analysis, Oct 2 – Oct 6, 2017

The US Dollar rose to its five-week high during the previous week on Hawkish Fed after Yellen’s speech and better than expected economic data. The Euro was under pressure as the German elections and comments by the ECB weighed on the currency. The EUR/USD finished the week at 1.1814, down 0.0133 or -1.11%.

In the week ahead, investors will closely watch:

• RBA Rate Decision on Tuesday at 4:30 GMT

• US ADP Employment on Wednesday at 11:25 GMT

• US Trade Balance on Thursday at 13:30 GMT

• US Non-Farm Payrolls on Friday at 13:30 GMT

EUR/USD

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.1488	1.1603	1.1708	1.1822	1.1927	1.2042	1.2147

EUR/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.1717	1.1769	1.1801	1.1827	1.1853	1.1937

EUR/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.3075	1.3209	1.3303	1.3437	1.3531	1.3665	1.3759

GBP/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.3343	1.3396	1.3430	1.3457	1.3483	1.3571

GBP/USD Daily Chart – Fibonacci

USD/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
109.74	110.61	111.53	112.39	113.31	114.18	115.09

USD/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
111.47	111.89	112.15	112.36	112.57	113.26

USD/JPY Daily Chart – Fibonacci

EUR/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
129.15	130.45	131.64	132.94	134.13	135.43	136.62

EUR/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
131.75	132.33	132.70	132.99	133.29	134.24

EUR/JPY Daily Chart – Fibonacci

GBP/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
146.93	148.34	149.46	150.86	151.98	153.38	154.50

GBP/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
149.75	150.34	150.71	151.01	151.30	152.27

GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

This article was originally posted on FX Empire

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