The following is the daily technical analysis, January 07, 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_12652" align="alignnone" width="980"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's movement is predicted to continue to weaken/Bearish towards the level of S1, S2 and even S3, but if it cannot continue its weakening, 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 is at 1,13044
Resistance
Resistance 1 = 1,13247 Resistance 2 = 1,13515 Resistance 3 = 1,13718
Support
Support 1 = 1,12776 Support 2 = 1,12573 Support 3 = 1,12305
USDCHF
[caption id="attachment_12651" align="alignnone" width="980"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement is predicted to weaken/Bullish towards the R1, R2 and even R3 levels, but if it cannot continue its weakening, it will return to the Pivot level or it could move to the S1, S2 and even S3 levels. For details, please see below
Pivot Point
Pivot poin is at 0,91962
Resistance
Resistance 1 = 0,92363 Resistance 2 = 0,92634 Resistance 3 = 0,93035
Support
Support 1 = 0,91691 Support 2 = 0,91290 Support 3 = 0,91019
USDJPY
[caption id="attachment_12650" align="alignnone" width="980"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to weaken/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 Point
Pivot poin is at 115,873
Resistance
Resistance 1 = 116,123 Resistance 2 = 116,430 Resistance 3 = 116,680
Support
Support 1 = 115,566 Support 2 = 115,316 Support 3 = 115,009
GBPUSD
[caption id="attachment_12649" align="alignnone" width="976"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling 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 and even R3. For details, please see below
Pivot Point
Pivot poin is at 1,35263
Resistance
Resistance 1 = 1,35631 Resistance 2 = 1,35952 Resistance 3 = 1,36320
Support
Support 1 = 1,34942 Support 2 = 1,34574 Support 3 = 1,34253
AUDUSD
[caption id="attachment_12648" align="alignnone" width="980"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie movement is predicted to weaken/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its weakening, 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 is at 0,71759
Resistance
Resistance 1 = 0,72065 Resistance 2 = 0,72529 Resistance 3 = 0,72835
Support
Support 1 = 0,71295 Support 2 = 0,70989 Support 3 = 0,70525
GOLD
[caption id="attachment_12647" align="alignnone" width="980"]
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 is at 1795,78
Resistance
Resistance 1 = 1805,22 Resistance 2 = 1820,88 Resistance 3 = 1830,32
Support
Support 1 = 1780,12 Support 2 = 1770,68 Support 3 = 1755,01
OIL
[caption id="attachment_12646" align="alignnone" width="988"]
Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the oil movement is predicted to rise/Bullish towards the level 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 Point
Pivot poin is at 78,84
Resistance
Resistance 1 = 80,97 Resistance 2 = 82,35 Resistance 3 = 84,48
Support
Support 1 = 77.46 Support 2 = 75.33 Support 3 = 73.95 That's the explanation of "Technical Daily Analysis: January 07, 2022 - Dollar Strengthens". Also read our other articles, such as
Crowdfunding: Definition, How It Works, & Benefits, only in the
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