The following is the daily technical analysis, April 12, 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. Before knowing today's technical analysis, immediately register yourself to take part in the GIC Trading Competition and get prizes of up to 3 Billion Rupiah!

EURUSD

[caption id="attachment_16925" align="alignnone" width="996"]EURUSD 2022-04-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's movement 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 are at = 1,18959

Resistance

Resistance 1 = 1,09196 Resistance 2 = 1,09564 Resistance 3 = 1,09801

Support

Support 1 = 1,08591 Support 2 = 1,08354 Support 3 = 1,07986

USDCHF

[caption id="attachment_16926" align="alignnone" width="992"]USDCHF 2022-04-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement 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 and even R3. For details, please see below

Pivot Point

Pivot poin are at = 0,93262

Resistance

Resistance 1 = 0,93494 Resistance 2 = 0,93944 Resistance 3 = 0,94176

Support

Support 1 = 0,92812 Support 2 = 0,92580 Support 3 = 0,92130

USDJPY

[caption id="attachment_16927" align="alignnone" width="1000"]USDJPY 2022-04-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to weaken, the candle moves 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 are at = 125,043

Resistance

Resistance 1 = 126,086 Resistance 2 = 126,808 Resistance 3 = 127,851

Support

Support 1 = 124,321 Support 2 = 123,278 Support 3 = 122,556

GBPUSD

[caption id="attachment_16928" align="alignnone" width="996"]GBPUSD 2022-04-12 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 are at = 1,30243

Resistance

Resistance 1 = 1,30597 Resistance 2 = 1,30917 Resistance 3 = 1,31271

Support

Support 1 = 1,29923 Support 2 = 1,29569 Support 3 = 1,29249

AUDUSD

[caption id="attachment_16929" align="alignnone" width="992"]AUDUSD 2022-04-12 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 are at = 0,74315

Resistance

Resistance 1 = 0,74493 Resistance 2 = 0,74831 Resistance 3 = 0,75009

Support

Support 1 = 0,73977 Support 2 = 0,73799 Support 3 = 0,73461

GOLD

[caption id="attachment_16930" align="alignnone" width="992"]GOLD 2022-04-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted 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 or even S3. For details, please see below

Pivot Point

Pivot poin are at = 1954,68

Resistance

Resistance 1 = 1969,44 Resistance 2 = 1984,44 Resistance 3 = 1999,20

Support

Support 1 = 1939,68 Support 2 = 1924,92 Support 3 = 1909,92

OIL

[caption id="attachment_16931" align="alignnone" width="984"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to decrease/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 are at = 95,39

Resistance

Resistance 1 = 97,86 Resistance 2 = 100,86 Resistance 3 = 103,33

Support

Support 1 = 92,39 Support 2 = 89,92 Support 3 = 86,92

That's the explanation of "Technical Daily Analysis: April 12, 2022 - Dollar Strengthens". Also read our other articles, such as the explanation of Shooting Star Candle, 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 to download GIC Mobile Apps on the Google Play Store as well as the Apple App Store, to maximize profits from forex trading.