Daily Technical Analysis: 22 September 2022 – Euro Returns to Free Fall

The following is a technical daily analysis, September 22, 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 the GIC Trading Competition and get prizes of up to 3 Billion Rupiah! 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.

EURUSD

[caption id="attachment_20035" align="aligncenter" width="659"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Euro is predicted to weaken/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its weakness, 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 Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 0,98743

Resistance

• Resistance 1 = 0,99367
• Resistance 2 = 1,00378
• Resistance 3 = 1,01002

Support

• Support 1     = 0,97732
• Support 2     = 0,97108
• Support 3     = 0,96097

USDCHF

[caption id="attachment_20039" align="aligncenter" width="682"] 
Photo Source: Nurhakim via GIC[/caption] Swiss Franch's movement is predicted to weaken, the candle moves Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, 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 = 0,96599

Resistance

• Resistance 1 = 0,97006
• Resistance 2 = 0,97398
• Resistance 3 = 0,97805

Support

• Support 1     = 0,96207
• Support 2     = 0,95800
• Support 3     = 0,95408

USDJPY

[caption id="attachment_20040" align="aligncenter" width="672"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Yen is predicted to weaken, the candle moves Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of S1, S2 or even S3. For clarity, please see the Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 144,026

Resistance

• Resistance 1 = 144,723
• Resistance 2 = 145,384
• Resistance 3 = 146,081

Support

• Support 1     = 143,365
• Support 2     = 142,668
• Support 3     = 142,007

GBPUSD

[caption id="attachment_20036" align="aligncenter" width="671"] 
Photo Source: Nurhakim via GIC[/caption] The movement of the Pound Sterling is predicted to weaken / Bearish towards the level of S1, S2 and even S3, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For details, please see below

Pivot Poin

Pivot poin are at = 1,12957

Resistance

• Resistance 1 = 1,13554
• Resistance 2 = 1,14437
• Resistance 3 = 1,15034

Support

• Support 1     = 1,12074
• Support 2     = 1,11477
• Support 3     = 1,10594

AUDUSD

 
Photo Source: Nurhakim via GICThe Aussie movement is predicted to weaken/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its weakness, it will return to the Pivot level or it may move to the R1, R2 and even R3 levels. For clarity, please see the Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 0,66524

Resistance

• Resistance 1 = 0,66840
• Resistance 2 = 0,67363
• Resistance 3 = 0,67679

Support

• Support 1     = 0,66001
• Support 2     = 0,65685
• Support 3     = 0,65162

GOLD

[caption id="attachment_20037" align="aligncenter" width="684"] 
Photo Source: Nurhakim via GIC[/caption] Gold's movement is predicted to go down/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its decline, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For details, please see below

Pivot Poin

Pivot poin are at = 1671,90

Resistance

• Resistance 1 = 1689,96
• Resistance 2 = 1706,00
• Resistance 3 = 1724,06

Support

• Support 1     = 1655,86
• Support 2     = 1637,80
• Support 3     = 1621,76

OIL

[caption id="attachment_20038" align="aligncenter" width="669"]
Photo Source: Nurhakim via GIC[/caption] The movement of oil is predicted to go down/Bearish towards the levels of S1, S2 and even S3, but if it cannot continue its decline, it will return to the Pivot level or it may move to the level of R1, R2 or even R3. For details, please see below

Pivot Poin

Pivot poin are at = 84,04

Resistance

• Resistance 1 = 85,59
• Resistance 2 = 88,20
• Resistance 3 = 89,75

Support

• Support 1     = 81,43
• Support 2     = 79,88
• Support 3     = 77,27

So, that's the explanation of "Technical Daily Analysis: September 22, 2022 – Euro Free Fall Again". 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 to download GIC Mobile Apps on the Google Play Store as well as the Apple App Store, to maximize profits from forex trading.