The following is a technical daily analysis, November 17, 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.

EURUSD

[caption id="attachment_21676" align="aligncenter" width="943"]Analisa Harian Teknikal 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 Daily Technical Analysis below:

Pivot Poin

Pivot poin are at = 1,03873

Resistance

  • Resistance 1 = 1,04443
  • Resistance 2 = 1,04949
  • Resistance 3 = 1,05519

Support

  • Support 1     = 1,03367
  • Support 2     = 1,02797
  • Support 3     = 1,02291

USDCHF

[caption id="attachment_21680" align="aligncenter" width="948"]Analisa Harian Teknikal Photo Source: Nurhakim via GIC[/caption] Swiss Franch'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 Poin

Pivot poin are at = 0,94321

Resistance

  • Resistance 1 = 0,94789
  • Resistance 2 = 0,95157
  • Resistance 3 = 0,95625

Support

  • Support 1     = 0,93953
  • Support 2     = 0,93485
  • Support 3     = 0,93117

USDJPY

[caption id="attachment_21681" align="aligncenter" width="945"]Analisa Harian Teknikal 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 details, please see below

Pivot Poin

Pivot poin are at = 139,511

Resistance

  • Resistance 1 = 140,296
  • Resistance 2 = 141,070
  • Resistance 3 = 141,855

Support

  • Support 1     = 138,737
  • Support 2     = 137,952
  • Support 3     = 137,178

GBPUSD

[caption id="attachment_21677" align="aligncenter" width="948"]Analisa Harian Teknikal 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 = 1,18954

Resistance

  • Resistance 1 = 1,19596
  • Resistance 2 = 1,20059
  • Resistance 3 = 1,20701

Support

  • Support 1     = 1,18491
  • Support 2     = 1,17849
  • Support 3     = 1,17386

AUDUSD

[caption id="attachment_21675" align="aligncenter" width="951"]Analisa Harian Teknikal 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 Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 0,67503

Resistance

  • Resistance 1 = 0,67814
  • Resistance 2 = 0,68231
  • Resistance 3 = 0,68542

Support

  • Support 1     = 0,67086
  • Support 2     = 0,66775
  • Support 3     = 0,66358

GOLD

[caption id="attachment_21678" align="aligncenter" width="948"]Analisa Harian Teknikal 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

Pivot Poin

Pivot poin are at = 1776,53

Resistance

  • Resistance 1 = 1782,77
  • Resistance 2 = 1791,24
  • Resistance 3 = 1797,48

Support

  • Support 1     = 1768,06
  • Support 2     = 1761,82
  • Support 3     = 1753,35

OIL

[caption id="attachment_21679" align="aligncenter" width="936"]Analisa Harian Teknikal 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 clarity, please see the Technical Daily Analysis below

Pivot Poin

Pivot poin are at = 85,67

Resistance

  • Resistance 1 = 87,15
  • Resistance 2 = 88,96
  • Resistance 3 = 90,44

Support

  • Support 1     = 83,86
  • Support 2     = 82,38
  • Support 3     = 80,57
Well, that's the explanation of "Technical Daily Analysis: November 17, 2022 – Dollar Still Down". 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.