Daily Technical Analysis: 14 December 2022 – Dollar Still Mired

The following is a technical daily analysis, December 14, 2022. The data and analysis contained in this newsletter can be used on a wide scale for your trading. However, it is important to note that GICTrade and its data providers are not responsible for your trading results. So, it's your own responsibility. Before knowing today's technical analysis, immediately register yourself to take part in GIC Gebyar Hadia and get the main prize, namely Mobile Mitshubshi Expander or Pake Vacation to Labuan Bajo for 4 nights and 3 days. In the following, we will inform you of price movement predictions in Forex and Commodities which are equipped with calculations of Pivot Point levels, Resistance and Support.

Technical Daily Analysis: December 1, 2022 – Gold Shine Begins to Appear

EURUSD

[caption id="attachment_22569" align="aligncenter" width="943"] Photo Source: Nurhakim via GIC[/caption] The movement of the Euro is predicted to strengthen/Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the level of S1, S2 and even S3. For clarity, please see the Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 1,06108

Resistance

• Resistance 1 = 1,06940
• Resistance 2 = 1,07559
• Resistance 3 = 1,08391

Support

• Support 1     = 1,05489
• Support 2     = 1,04657
• Support 3     = 1,04038

USDCHF

[caption id="attachment_22573" align="aligncenter" width="946"] Photo Source: Nurhakim via GIC[/caption] Swiss Franch's movement is predicted to strengthen, the candle moves bearishly towards the levels of S1, S2 and even S3, but if it cannot continue its strengthening, it will return to the Pivot level or it could move to the level of R1, R2 and even R3. For details, please see below

Pivot Poin

Pivot poin are at = 0,92963

Resistance

• Resistance 1 = 0,93617
• Resistance 2 = 0,94390
• Resistance 3 = 0,95044

Support

• Support 1     = 0,92190
• Support 2     = 0,91536
• Support 3     = 0,90763

USDJPY

[caption id="attachment_22574" align="aligncenter" width="946"] Photo Source: Nurhakim via GIC[/caption] The movement of the Yen is predicted to strengthen, the candle moves Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For clarity, please see the Daily Technical Analysis below:

Daily Technical Analysis: December 7, 2022 – World Oil Weakens

Pivot Poin

Pivot poin are at = 136,063

Resistance

• Resistance 1 = 137,472
• Resistance 2 = 139,373
• Resistance 3 = 140,782

Support

• Support 1     = 134,162
• Support 2     = 132,753
• Support 3     = 130,852

GBPUSD

[caption id="attachment_22570" align="aligncenter" width="946"] Photo Source: Nurhakim via GIC[/caption] The movement of the Pound Sterling is predicted to strengthen / Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For details, please see below

Pivot Poin

Pivot poin are at = 1,23520

Resistance

• Resistance 1 = 1,24561
• Resistance 2 = 1,25476
• Resistance 3 = 1,26517

Support

• Support 1     = 1,22605
• Support 2     = 1,21564
• Support 3     = 1,20649

AUDUSD

[caption id="attachment_22568" align="aligncenter" width="945"] Photo Source: Nurhakim via GIC[/caption] The Aussie movement is predicted to strengthen/Bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the S1, S2 and even S3 levels. For clarity, please see the Daily Technical Analysis below:

Pivot Poin

Pivot poin are at = 0,68290

Resistance

• Resistance 1 = 0,69185
• Resistance 2 = 0,69821
• Resistance 3 = 0,70716

Support

• Support 1     = 0,67654
• Support 2     = 0,66759
• Support 3     = 0,66123

GOLD

[caption id="attachment_22571" align="aligncenter" width="951"] Photo Source: Nurhakim via GIC[/caption] Gold's movement is predicted to be bullish towards the levels of R1, R2 and even R3, but if it cannot continue its increase, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For details, please see below:

Daily Technical Analysis: November 25, 2022 – Gold Shine Still Persists

Pivot Poin

Pivot poin are at = 1804,94

Resistance

• Resistance 1 = 1829,51
• Resistance 2 = 1849,02
• Resistance 3 = 1873,59

Support

• Support 1     = 1785,43
• Support 2     = 1760,86
• Support 3     = 1741,35

OIL

[caption id="attachment_22572" align="aligncenter" width="948"] Photo Source: Nurhakim via GIC[/caption] Oil movement is predicted to rise/Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its increase, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For details, please see below

Pivot Poin

Pivot poin are at = 74,93

Resistance

• Resistance 1 = 76,67
• Resistance 2 = 78,08
• Resistance 3 = 79,82

Support

• Support 1     = 73,52
• Support 2     = 71,78
• Support 3     = 70,37

  So, that's the explanation of "Technical Daily Analysis: December 14, 2022 – The Dollar Is Still Mired". Also read our other articles, such as an explanation of how to buy cryptocurrencies, only in the GIC Journal. Don't forget to practice your trading skills by getting a scalping ebook and following live trading on NFP Live Trading. Make sure, download GIC Mobile Apps on the Google Play Store.