Technical Daily Analysis: December 27, 2021 - The Dollar Remains Strong

The following is the daily technical analysis, December 27, 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_11848" align="alignnone" width="980"] 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 1,13201

Resistance

Resistance 1 = 1,13339 Resistance 2 = 1,13568 Resistance 3 = 1,13706

Support

Support 1 = 1,12972 Support 2 = 1,12834 Support 3 = 1,12605

USDCHF

[caption id="attachment_11849" align="alignnone" width="980"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement is predicted 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 could move to the R1, R2 and even R3 levels. For details, please see below

Pivot Point

Pivot poin are at 0,91808

Resistance

Resistance 1 = 0,91966 Resistance 2 = 0,92113 Resistance 3 = 0,92271

Support

Support 1 = 0,91661 Support 2 = 0,91503 Support 3 = 0,91356

USDJPY

[caption id="attachment_11850" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted 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 could move to the R1, R2 and even R3 levels. For details, please see below

Pivot Point

Pivot poin are at 114,377

Resistance

Resistance 1 = 114,489 Resistance 2 = 114,621 Resistance 3 = 114,733

Support

Support 1 = 114,245 Support 2 = 114,133 Support 3 = 114,001

GBPUSD

[caption id="attachment_11851" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound. It is predicted 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 or even R3. For details, please see below

Pivot Point

Pivot poin are at 1,33977

Resistance

Resistance 1 = 1,34094 Resistance 2 = 1,34307 Resistance 3 = 1,34424

Support

Support 1 = 1,33764 Support 2 = 1,33647 Support 3 = 1,33434

AUDUSD

[caption id="attachment_11852" align="alignnone" width="988"] 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 analysis, 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 0,72247

Resistance

Resistance 1 = 0,72326 Resistance 2 = 0,72516 Resistance 3 = 0,72595

Support

Support 1 = 0,72057 Support 2 = 0,71978 Support 3 = 0,71788

GOLD

[caption id="attachment_11853" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted to continue 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 1806,04

Resistance

Resistance 1 = 1813,33 Resistance 2 = 1817,90 Resistance 3 = 1825,19

Support

Support 1 = 1801,47 Support 2 = 1794,18 Support 3 = 1789,61

OIL

[caption id="attachment_11854" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to try 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 73,33

Resistance

Resistance 1 = 74,39 Resistance 2 = 75,00 Resistance 3 = 76,06

Support

Support 1 = 72,72 Support 2 = 71,66 Support 3 = 71,05  

That's the explanation of "Technical Daily Analysis: December 27, 2021 - The Dollar Remains Strong". Also read our other articles, such as Pension Funds, How to Calculate and Manage Assets in Old Age, 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.