The daily technical analysis of the GIC team this time discusses various currency movements and oil. Starting from the Euro which has weakened to oil which has risen today. For that, let's continue reading this article to find out how the market develops on October 1, 2021.

EURUSD

[caption id="attachment_7256" align="alignleft" width="1024"]Analisa harian teknikal EURUSD 01-10-2021 Photo Source: Fausta via GIC[/caption] This daily analysis discusses the various movements of the Euro in this Friday's market trading. The market trading this time looking at the movement of the Euro is predicted to continue weakening/Bearish towards the level of S1, S2 and even S3, but if it cannot continue the weakening, 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. The daily analysis of EURUSD is technically predicted to continue bearish today.

Pivot Point

The pivot point is at 1.15824.

Resistance

Data related to Resistance 1, 2 and 3 of EURUSD.
  1. Resistance 1 = 1,16030
  2. Resistance 2 = 1,16296
  3. Resistance 3 = 1,16502

Support

Data related to Supports 1, 2, and 3 of EURUSD.
  1. Support 1 = 1,15558
  2. Support 2 = 1,15352
  3. Support 3 = 1,15086

USDCHF

[caption id="attachment_7263" align="alignleft" width="1024"]USDCHF 01-10-2021 Photo Source: Fausta via GIC[/caption] In addition to the weakening movement of the euro currency, the movement of the Swiss Franc is also predicted to continue weakening/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 and even S3. For details, please see below. USDCHF's daily analysis is technically predicted to continue to be bullish today.

Pivot Point

Pivot point are at 0,93325.

Resistance

Data related to Resistance 1, 2, and 3 of USDCHF.
  1. Resistance 1 = 0,93507
  2. Resistance 2 = 0,93861
  3. Resistance 3 = 0,94043

Support

Data related to Supports 1, 2, and 3 of USDCHF.
  1. Support 1 = 0,92971
  2. Support 2 = 0,92789
  3. Support 3 = 0,92435

USDJPY

[caption id="attachment_7262" align="alignleft" width="1024"]USDJPY 01-10-2021 Photo Source: Fausta via GIC[/caption] The movement of the Yen this time is also predicted to continue weakening/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 and even S3. For details, please see below. USDJPY's daily analysis is technically predicted to continue its weakness/bullish today.

Pivot Point

Pivot point are at 111,525.

Resistance

Data related to Resistance 1, 2, and 3 of USDJPY.
  1. Resistance 1 = 111,816
  2. Resistance 2 = 112,365
  3. Resistance 3 = 112,656

Support

Data related to Supports 1, 2 and 3 of USDJPY.
  1. Support 1 = 110,976
  2. Support 2 = 110,685
  3. Support 3 = 110,136

GBPUSD

[caption id="attachment_7261" align="alignleft" width="1024"]GBPUSD 01-10-2021 Photo Source: Fausta via GIC[/caption] The movement of the Pound Sterling is predicted to continue 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 and even R3. For details, please see below. The daily analysis of GBPUSD is technically predicted to continue its weakness/bearish today.

Pivot Point

The pivot point is at 1.34674.

Resistance

Data related to Resistance 1, 2, and 3 of GBPUSD.
  1. Resistance 1 = 1,35237
  2. Resistance 2 = 1,35734
  3. Resistance 3 = 1,36297

Support

Data related to Supports 1, 2 and 3 of GBPUSD.
  1. Support 1 = 1,34177
  2. Support 2 = 1,33614
  3. Support 3 = 1,33117

AUDUSD

[caption id="attachment_7260" align="alignleft" width="1024"]AUDUSD 01-10-2021 Photo Source: Fausta via GIC[/caption] The Aussie movement is predicted to continue weakening/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 details, please see below. AUDUSD daily analysis is technically predicted to continue its weakness/bearish today.

Pivot Point

The pivot point is at 0.72176.

Resistance

Data related to Resistance 1, 2, and 3 of AUDUSD.
  1. Resistance 1 = 0,72655
  2. Resistance 2 = 0,73047
  3. Resistance 3 = 0,73526

Support

Data related to Support 1, 2, and 3 of AUDUSD.
  1. Support 1 = 0,71784
  2. Support 2 = 0,71305
  3. Support 3 = 0,70913

Oil

[caption id="attachment_7264" align="alignleft" width="1024"]Crude Oil 01-10-2021 Photo Source: Fausta via GIC[/caption] The oil movement is predicted to continue 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 and even S3. For details, please see below. OIL's daily analysis is technically predicted to continue to be bullish today.

Pivot Point

The pivot point is at 74.70.

Resistance

Data related to Resistance 1, 2, and 3 of OIL.
  1. Resistance 1 = 76,28
  2. Resistance 2 = 77,63
  3. Resistance 3 = 79,21

Support

Data related to Supports 1, 2, and 3 of OIL.
  1. Support 1 = 73,35
  2. Support 2 = 71,77
  3. Support 3 = 70,42
Let's stay wise in terms of trading by always paying attention to Money Management and Risk Management so that you can continue to continue your trading capital. Happy Trading. Thus the discussion of the article "Technical Daily Analysis: October 1, 2021- Bearish and Bullish Market". Don't forget to read other articles from GIC Indonesia such as, "Fluctuations Is: Definition, Causative Factors, and How to Overcome Them" and also other articles in the GIC Journal. Don't forget to also check out the offers from GIC regarding getting extra money such as, Friday Barokah, 100% Deposit Bonus, and affiliate programs.