The following is a daily technical analysis, March 30, 2023. 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 days and 3 nights. In the following, we will inform you about the forecast of price movements in Forex and Commodities which is equipped with the calculation of Pivot points, Resistance and Support levels.
EURUSD
EUR/USD on the 1-hour period moved down, trying to touch the 1.08062 support area towards the next support level at 1.07640. Meanwhile, to turn the bias bullish again, EUR/USD needs to break through the resistance area at 1.08488 towards the next resistance level at 1.08980.
Suggest : Sell 1.08062 TP1 1.07800 TP2 1.07640 SL 1.08440
GBPUSD
Daily Technical Analysis for the GBP/USD pair on a 1-hour period is moving downwards trying to touch the 1.22819 support area towards the next support level at 1.22380. Meanwhile, to turn the bias bullish again, GBP/USD needs to break through the resistance area at 1.23295 towards the next resistance level at 1.23880.
Suggest : Sell 1.22819 TP1 1.22500 TP2 1.22380 SL 1.23290
AUDUSD
AUD/USD on the 1-hour period tried to fall further touching the support area of 0.66489 until heading towards the next support level at 0.66180. Meanwhile, to turn the bias to bullish, AUD/USD needs to cross the resistance area at 0.66940 towards the next resistance level at 0.67430.
Suggest : Sell 0.66489 TP1 0.66180 TP2 0.66000 SL 0.66700
USDCHF
Daily technical analysis for the USD/CHF pair on the 1-hour period tried to rebound to touch the resistance area of 0.92216 towards the next resistance level at 0.92490. Meanwhile, to turn the bias bearish, USD/CHF needs to break through the support area at 0.91642 towards the next support level at 0.91330.
Suggest : Buy 0.92216 TP1 0.92490 TP2 0.92760 SL 0.91910
USDJPY
USD/JPY on the 1-hour period moved further up, trying to touch the resistance area of 132,891 towards the next resistance level at 133,970. Meanwhile, to turn the bias bearish, USD/JPY needs to break through the support area at 132.176 to the next support level at 131.840.
Suggest : Buy 132.891 TP1 133.300 TP2 133.970 SL 132.500
XUL (LOCO LONDON GOLD)
Daily Technical Analysis for Gold price on the 1-hour period moved down, trying to touch the 1949.35 support area towards the next support level at 1944.50. Meanwhile, to change the bias to bullish again, the gold price needs to pass through the resistance area at 1971.35 to the next resistance level at 1982.90.
Suggest : Sell 1967.20TP1 1960.20 TP2 1951.50 SL 1975.80
CLSK (OIL)
Oil prices in the 1-hour period moved down, trying to test the 71.64 support area towards the next support level at 70.65. Meanwhile, to continue the bullish bias again, oil prices need to cross the resistance level of 73.51 to the next resistance level at 74.86.
Suggest : Sell 71.64 TP1 71.00 TP2 70.65 SL 72.23
So, that's the explanation of "Technical Daily Analysis: March 30, 2023 – Financial Markets Move Fluctuating Between Profits and Losses". 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.