Weekly Forex Technical Analysis, July 17 – July 21, 2017

The U.S. Dollar fell last week against most currencies after Janet Yellen dovish comment eased investors hopes for another rate hike in 2017.

In the week ahead, central banks will continue to be on the main stage with the RBA meeting minutes on Tuesday, BoJ rate decision on Thursday and the ECB rate decision/press conference on Thursday.

EUR/USD

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1.1276

1.1323

1.1395

1.1442

1.1514

1.1561

1.1633

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%

1.1370

1.1398

1.1415

1.1430

1.1444

1.1489

GBP/USD Daily Chart - Fibonacci
GBP/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup

2nd Sup

1st Sup

Pivot

1st Res

2nd Res

3rd Res

1.2599

1.2705

1.2900

1.3007

1.3202

1.3309

1.3504

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%

1.2811

1.2883

1.2927

1.2962

1.2998

1.3113

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

109.46

110.86

111.69

113.09

113.93

115.33

116.16

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%

112.26

112.78

113.11

113.37

113.64

114.49

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

125.81

127.15

128.08

129.42

130.35

131.69

132.62

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%

128.49

129.03

129.36

129.63

129.89

130.76

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

143.27

144.26

145.77

146.77

148.28

149.27

150.78

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%

145.26

145.85

146.21

146.51

146.80

147.76

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

This post was originally published by EarnForex

This article was originally posted on FX Empire

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