The following is the daily technical analysis, December 9, 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_10209" align="alignnone" width="988"]EURUSD 2021-12-9 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! The pivot point is at 1.13189.

Resistance

Resistance 1 = 1,13766 Resistance 2 = 1,14119 Resistance 3 = 1,14696

Support

Support 1 = 1,12836 Support 2 = 1,12259 Support 3 = 1,11906

USDCHF

[caption id="attachment_10210" align="alignnone" width="996"]USDCHF 2021-12-9 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Swiss Franc'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 poin are at 0,92170.

Resistance

Resistance 1 = 0,92395 Resistance 2 = 0,92743 Resistance 3 = 0,92968

Support

Support 1 = 0,91822 Support 2 = 0,91597 Support 3 = 0,91249

USDJPY

[caption id="attachment_10211" align="alignnone" width="992"]USDJPY 2021-12-9 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 113,648.

Resistance

Resistance 1 = 113,990 Resistance 2 = 114,290 Resistance 3 = 114,632

Support

Support 1 = 113,248 Support 2 = 113,006 Support 3 = 112,706

GBPUSD

[caption id="attachment_10212" align="alignnone" width="992"]GBPUSD 2021-12-9 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 poin are at 1,32076.

Resistance

Resistance 1 = 1,32546 Resistance 2 = 1,33078 Resistance 3 = 1,33548

Support

Support 1 = 1,31544 Support 2 = 1,31074 Support 3 = 1,30542

AUDUSD

[caption id="attachment_10213" align="alignnone" width="996"]AUDUSD 2021-12-9 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 0,71562.

Resistance

Resistance 1 = 0,71976 Resistance 2 = 0,72246 Resistance 3 = 0,72660

Support

Support 1 = 0,71292 Support 2 = 0,70878 Support 3 = 0,70608

GOLD

[caption id="attachment_10214" align="alignnone" width="996"]GOLD 2021-12-9 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 1785,08.

Resistance

Resistance 1 = 1790,65 Resistance 2 = 1798,55 Resistance 3 = 1804,12

Support

Support 1 = 1777,18 Support 2 = 1771,61 Support 3 = 1763,71

OIL

[caption id="attachment_10215" align="alignnone" width="992"]OIL 2021-12-9 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 72,18.

Resistance

Resistance 1 = 73,46 Resistance 2 = 74,26 Resistance 3 = 75,54

Support

Support 1 = 71,38 Support 2 = 70,10 Support 3 = 69,30

That's the explanation of "Technical Daily Analysis: December 9, 2021 - Market Bullish". Also read our other articles, such as BRI Transfer Limit, only in the GIC Journal. Make sure to download GICTrade Apps on the Google Play Store as well as the Apple App Store, to maximize your profits from forex trading.