The following is the daily technical analysis, March 01, 2022. The data and analysis in this article 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!

EURUSD

[caption id="attachment_15355" align="alignnone" width="1008"]EURUSD 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Technical analysis of the Euro's movement 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 details, please see below

Pivot Point

Pivot poin are at = 1,11958

Resistance

Resistance 1 = 1,12689 Resistance 2 = 1,13190 Resistance 3 = 1,13921

Support

Support 1 = 1,11457 Support 2 = 1,10726 Support 3 = 1,10225

USDCHF

[caption id="attachment_15354" align="alignnone" width="1008"]USDCHF 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement 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 and even R3. For details, please see below

Pivot Point

Pivot poin are at = 0,92024

Resistance

Resistance 1 = 0,92399 Resistance 2 = 0,93151 Resistance 3 = 0,93526

Support

Support 1 = 0,91272 Support 2 = 0,90897 Support 3 = 0,90145

USDJPY

[caption id="attachment_15353" align="alignnone" width="1004"]USDJPY 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to strengthen, the candle moves Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the R1, R2 and even R3 levels. For details, please see below

Pivot Point

Pivot poin are at = 115,197

Resistance

Resistance 1 = 115,539 Resistance 2 = 116,105 Resistance 3 = 116,447

Support

Support 1 = 114,631 Support 2 = 114,289 Support 3 = 113,723

GBPUSD

[caption id="attachment_15352" align="alignnone" width="1004"]GBPUSD 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling is predicted to strengthen/Bullish towards the level 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 details, please see below

Pivot Point

Pivot poin are at = 1,33877

Resistance

Resistance 1 = 1,34629 Resistance 2 = 1,35062 Resistance 3 = 1,35814

Support

Support 1 = 1,33444 Support 2 = 1,32692 Support 3 = 1,32259

AUDUSD

[caption id="attachment_15351" align="alignnone" width="1000"]AUDUSD 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of 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 details, please see below

Pivot Point

Pivot poin are at = 0,72283

Resistance

Resistance 1 = 0,72962 Resistance 2 = 0,73328 Resistance 3 = 0,74007

Support

Support 1 = 0,71917 Support 2 = 0,71238 Support 3 = 0,70872

GOLD

[caption id="attachment_15350" align="alignnone" width="1000"]GOLD 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted to decline/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 Point

Pivot poin are at = 1909,94

Resistance

Resistance 1 = 1929,06 Resistance 2 = 1949,97 Resistance 3 = 1969,09

Support

Support 1 = 1889,03 Support 2 = 1869,91 Support 3 = 1849,00

OIL

[caption id="attachment_15349" align="alignnone" width="1004"]OIL 2022-03-01 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to decrease/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 Point

Pivot poin are at = 96,29

Resistance

Resistance 1 = 98,16 Resistance 2 = 100,95 Resistance 3 = 102,82

Support

Support 1 = 93,50 Support 2 = 91,63 Support 3 = 88,84

That's the explanation of "Technical Daily Analysis: 01 March 2022 - Dollar Weakens". Also read our other articles, such as the explanation of the Complete Chart Pattern, 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.