The following is the daily technical analysis, December 3, 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_9722" align="alignnone" width="996"]EURUSD 31221 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's 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 point are at 1,13142.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 1.13338 Resistance 2 = 1.13666 Resistance 3 = 1.13862

Support

The following are support values 1, 2, and 3. Support 1 = 1.12814 Support 2 = 1.12618 Support 3 = 1.12290

USDCHF

[caption id="attachment_9721" align="alignnone" width="996"]USDCHF 31221 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 point are at 0,91821.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 0.92416 Resistance 2 = 0.92807 Resistance 3 = 0.93402

Support

The following are support values 1, 2, and 3. Support 1 = 0.91430 Support 2 = 0.90835 Support 3 = 0.90444

USDJPY

[caption id="attachment_9720" align="alignnone" width="996"]USDJPY 31221 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 point are at 113,042.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 113,464 Resistance 2 = 113,747 Resistance 3 = 114,169

Support

The following are support values 1, 2, and 3. Support 1 = 112,759 Support 2 = 112,337 Support 3 = 112,054

GBPUSD

[caption id="attachment_9719" align="alignnone" width="992"]GBPUSD 31221 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling 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 point are at 1,32991.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 1.33328 Resistance 2 = 1.33667 Resistance 3 = 1.34004

Support

The following are support values 1, 2, and 3. Support 1 = 1.32652 Support 2 = 1.32315 Support 3 = 1.31976

AUDUSD

[caption id="attachment_9718" align="alignnone" width="988"]AUDUSD 31221 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 point are at 0,70985.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 0.71132 Resistance 2 = 0.71336 Resistance 3 = 0.71483

Support

The following are support values 1, 2, and 3. Support 1 = 0.70781 Support 2 = 0.70634 Support 3 = 0.70430


GOLD

[caption id="attachment_9717" align="alignnone" width="996"]GOLD 31221 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of GOLD's movement is predicted to try to weaken/bearish 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 point are at 1771,14.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 1780.53 Resistance 2 = 1792.67 Resistance 3 = 1802.06

Support

The following are support values 1, 2, and 3. Support 1 = 1759.00 Support 2 = 1749.61 Support 3 = 1737.47

OIL

[caption id="attachment_9716" align="alignnone" width="1000"]OIL 31221 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 point are at 65,63.

Resistance

The following are resistance values 1, 2, and 3. Resistance 1 = 68.82 Resistance 2 = 70.50 Resistance 3 = 73.69

Support

The following are support values 1, 2, and 3. Support 1 = 63.95 Support 2 = 60.76 Support 3 = 59.08

That's the explanation of "Technical Daily Analysis: December 3, 2021 - Bearish Market". Also read our other articles, such as BRI Transfer Limit & "Land Investment: How-to, Profit, and Tips", 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.