Technical Daily Analysis: December 13, 2021 - Bullish Market

The following is the daily technical analysis, December 13, 2021. 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_10758" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's movement is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 1,13016.

Resistance

Resistance 1 = 1,13386 Resistance 2 = 1,13605 Resistance 3 = 1,13975

Support

Support 1 = 1,12797 Support 2 = 1,12427 Support 3 = 1,12208

USDCHF

[caption id="attachment_10752" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Swiss Franc's movement is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 0,92190.

Resistance

Resistance 1 = 0,92394 Resistance 2 = 0,92726 Resistance 3 = 0,92930

Support

Support 1 = 0,91858 Support 2 = 0,91654 Support 3 = 0,91322

USDJPY

[caption id="attachment_10753" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 113,469.

Resistance

Resistance 1 = 113,718 Resistance 2 = 114,035 Resistance 3 = 114,284

Support

Support 1 = 113,152 Support 2 = 112,903 Support 3 = 112,586

GBPUSD

[caption id="attachment_10754" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 1,32427.

Resistance

Resistance 1 = 1,32986 Resistance 2 = 1,33308 Resistance 3 = 1,33867

Support

Support 1 = 1,32105 Support 2 = 1,31546 Support 3 = 1,31224

AUDUSD

[caption id="attachment_10755" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie movement is predicted to try to weaken/bear towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 0,71611.

Resistance

Resistance 1 = 0,71909 Resistance 2 = 0,72114 Resistance 3 = 0,72412

Support

Support 1 = 0,71406 Support 2 = 0,71108 Support 3 = 0,71903

GOLD

[caption id="attachment_10756" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 1780,23.

Resistance

Resistance 1 = 1790,43 Resistance 2 = 1798,46 Resistance 3 = 1808,66

Support

Support 1 = 1772,20 Support 2 = 1762,00 Support 3 = 1753,97

OIL

[caption id="attachment_10757" align="alignnone" width="984"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to try to strengthen/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its strengthening, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 71,51.

Resistance

Resistance 1 = 72,72 Resistance 2 = 73,51 Resistance 3 = 74,72

Support

Support 1 = 70,72 Support 2 = 69,51 Support 3 = 68,72

That's the explanation of "Technical Daily Analysis: December 13, 2021 - Market Bullish". Also read our other articles, such as BRI Transfer Limit, only in the GIC Journal. 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.