Weekly Forex Technical Analysis July 31 Aug 4 2017

The US dollar has continues its downfall versus all major currencies during the previous week on dovish Federal Reserve rate hike projections and weak economic data.

We have a busy week ahead of us with the Eurozone inflation on Monday, RBA Interest Rate decision on Tuesday, ADP Employment report on Wednesday, BoE Rate Decision on Thursday and the crucial Non-Farm payrolls on Friday.

EUR/USD

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.1485	1.1549	1.1649	1.1713	1.1813	1.1877	1.1977

EUR/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.1612	1.1651	1.1675	1.1694	1.1714	1.1777

EUR/USD Daily Chart – Fibonacci

GBP/USD

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.2856	1.2921	1.3027	1.3093	1.3199	1.3264	1.3371

GBP/USD Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
1.2987	1.3027	1.3052	1.3072	1.3093	1.3158

GBP/USD Daily Chart – Fibonacci

USD/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
108.41	109.47	110.06	111.13	111.71	112.78	113.36

USD/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
110.54	110.93	111.18	111.37	111.56	112.20

USD/JPY Daily Chart – Fibonacci

EUR/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
127.33	128.10	129.07	129.84	130.80	131.57	132.54

EUR/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
128.87	129.28	129.53	129.74	129.94	130.60

EUR/JPY Daily Chart – Fibonacci

GBP/JPY

Floor Pivot Points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
141.48	142.75	144.02	145.28	146.55	147.81	149.08

GBP/JPY Daily Chart – Pivot Points

Fibonacci Retracement Levels

0.0%	23.6%	38.2%	50.0%	61.8%	100.0%
144.01	144.61	144.98	145.28	145.58	146.55

GBP/JPY Daily Chart – Fibonacci

This post was originally published by EarnForex

Let's block ads!(Why?)

Read Again Weekly Forex Technical Analysis, July 31 – Aug 4, 2017 : http://ift.tt/2eYsv24

Let's block ads! (Why?)

Bagikan Berita Ini