The following is a technical daily analysis, December 28, 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 Gebyar Prize and get the main prize, namely Mobile Mitshubshi Expander or Vacation Package 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_23319" align="aligncenter" width="1020"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] EUR/USD has the potential to consolidate if it passes the nearest support level at 1.06125 which is also a trend change when the price crosses the MA200 line in the 1-hour period. It needs to break the resistance or upper resistance at the level of 1.06705 to continue the bulls.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
1.06319 1.06687 1.06109 1.06381 1.06140 0.00241 0.23%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
1.07210 1.06950 1.06630 1.06370 1.06050 1.05790 1.05480

GBPUSD

[caption id="attachment_23318" align="aligncenter" width="1020"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] GBP/USD is still under selling pressure trying to break the support level at 1.19920 until heading towards the next support at 1.19390. Meanwhile, the price movement is also still below the MA200 line which hints at a bearish trend.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
1.20553 1.21116 1.20017 1.20280 1.20501 -0.0022 -0.18%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
1.22060 1.21590 1.20960 1.20490 1.19860 1.19390 1.18770

AUDUSD

[caption id="attachment_23320" align="aligncenter" width="1021"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] Daily Technical Analysis for AUD/USD moves in a pivot area, it needs to break one of the levels for the next trend direction. If it breaks 0.67750, then the Aussie has a chance to rise further to the 0.68200 range. However, if it breaks 0.66730 then the Aussie will move down to the 0.66320 support.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
0.67170 0.67752 0.67127 0.67332 0.67191 0.00141 0.21%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
0.68200 0.67980 0.67570 0.67350 0.66950 0.66730 0.66320

USDCHF

[caption id="attachment_23314" align="aligncenter" width="1022"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] USD/CHF has a chance to fall further if it manages to cross the support level at 0.92685 and head towards the next support at 0.92050. The decline in the Swiss Franc is also supported by the MA50 indicator which has crossed the MA200 line. MUST READ!!

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PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
0.92974 0.93291 0.92687 0.92920 0.93339 -0.00419 -0.45%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
0.93860 0.93570 0.93250 0.92970 0.92650 0.92370 0.92050

USDJPY

[caption id="attachment_23315" align="aligncenter" width="1015"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] Daily Technical Analysis for USD/JPY has the potential to rise with the MA20 line crossing the MA50 line from below. The next increase needs to pass the resistance level in the area of 133,610 to the resistance or upper resistance at 134,570. However, the RSI is already in the overbought area, so the yen has a chance to correct first.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
132.759 133.589 132.628 133.488 132.794 0.694 0.52%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
134.570 134.080 133.610 133.120 132.650 132.160 131.690

XUL (LOCO LONDON GOLD)

[caption id="attachment_23316" align="aligncenter" width="1019"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] Daily Technical Analysis for gold is still in an uptrend after the price broke through the MA200 line from below. However, the RSI indicator, which is already in the overbought area, hints at gold prices to correct. To change the bias to bearish, it is necessary to break the 1800 area to test the support at 1785.80.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
1795.96 1833.17 1795.84 1813.08 1797.80 15.28 0.85%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
1860.50 1846.80 1823.20 1809.50 1785.80 1772.20 1748.50

CLSK (OIL)

[caption id="attachment_23317" align="aligncenter" width="1019"]Analisa Harian Teknikal Photo Source: Yanto via GIC[/caption] Daily Technical Analysis for world crude oil has the potential for a correction, which is indicated by the RSI indicator which is already in the overbought area. It is necessary to break the nearest support at 78.89 to reach the key support in the 77.75 area which is also the MA200 line which determines the next trend, if it manages to break through the area.
PREVIOUS RANGE
OPEN HIGH LOW CLOSE PREV.CLOSE CHANGE %CHANGE
79.88 81.15 79.14 79.77 79.57 0.20 0.25%
DAILY PIVOT POINT
R3 R2 R1 PIVOT S1 S2 S3
82.91 82.03 80.90 80.02 78.89 78.01 76.88
  Well, that's the explanation of "Technical Daily Analysis: December 28, 2022 – China's Quarantine Cancellation Weighs on the US Dollar". 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 the Scalping Ebook and following Live Trading on NFP Live Trading. Make sure, download GIC Mobile Apps on the Google Play Store.