The following is the daily technical analysis, December 17, 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_11353" align="alignnone" width="984"]EURUSD 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Euro is predicted to continue to strengthen/Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the level of S1, S2 and even S3. For details, please see below

Pivot Point

Pivot poin are at 1,13234

Resistance

Resistance 1 = 1,13660 Resistance 2 = 1,14025 Resistance 3 = 1,14451

Support

Support 1 = 1,12869 Support 2 = 1,12443 Support 3 = 1,12078

USDCHF

[caption id="attachment_11356" align="alignnone" width="992"]USDCHF 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Yen is predicted to continue to strengthen/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 113,832

Resistance

Resistance 1 = 114,110 Resistance 2 = 114,521 Resistance 3 = 114,799

Support

Support 1 = 113,421 Support 2 = 113,143 Support 3 = 112,732

USDJPY

[caption id="attachment_11357" align="alignnone" width="988"]USDJPY 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Swiss Franc is predicted to continue to strengthen/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its strengthening, 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 0,92114

Resistance

Resistance 1 = 0,92337 Resistance 2 = 0,92782 Resistance 3 = 0,93005

Support

Support 1 = 0,91669 Support 2 = 0,91446 Support 3 = 0,91001

GBPUSD

[caption id="attachment_11354" align="alignnone" width="992"]GBPUSD 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Pound Sterling is predicted to continue to strengthen/Bullish towards the level of R1, R2 and even R3, but if it cannot continue its strengthening, it will return to the Pivot level or it may move to the level of S1, S2 and even S3. For details, please see below

Pivot Point

Pivot poin are at 1,33111

Resistance

Resistance 1 = 1,33813 Resistance 2 = 1,34441 Resistance 3 = 1,35143

Support

Support 1 = 1,32483 Support 2 = 1,31781 Support 3 = 1,31153

AUDUSD

[caption id="attachment_11355" align="alignnone" width="988"]AUDUSD 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Aussie 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 0,71837

Resistance

Resistance 1 = 0,72224 Resistance 2 = 0,72618 Resistance 3 = 0,73005

Support

Support 1 = 0,71443 Support 2 = 0,71056 Support 3 = 0,70662

GOLD

[caption id="attachment_11358" align="alignnone" width="988"]GOLD 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of Gold is predicted to continue 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 are at 1791,06

Resistance

Resistance 1 = 1806,64 Resistance 2 = 1814,93 Resistance 3 = 1830,51

Support

Support 1 = 1782,77 Support 2 = 1767,19 Support 3 = 1758,90

OIL

[caption id="attachment_11359" align="alignnone" width="992"]OIL 2021-12-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of oil is predicted to continue 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 and even R3. For details, please see below

Pivot Point

Pivot poin are at 71,95

Resistance

Resistance 1 = 72,88 Resistance 2 = 73,90 Resistance 3 = 74,83

Support

Support 1 = 70,93 Support 2 = 70,00 Support 3 = 68,98

That's the explanation of "Technical Daily Analysis: December 17, 2021 - Market Bullish". Also read our other articles, such as BRI Transfer Limit, 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.