The following is the daily technical analysis, February 11, 2022. 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_14373" align="alignnone" width="1004"]

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 = 1,14321

Resistance

Resistance 1 = 1,14898 Resistance 2 = 1,15521 Resistance 3 = 1,16098

Support

Support 1 = 1,13698 Support 2 = 1,13121 Support 3 = 1,12498

USDCHF

[caption id="attachment_14372" align="alignnone" width="1000"]

Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement is predicted to weaken, the candle moves Bullish towards the level of R1, R2 and even R3, but if it cannot continue its weakness, 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 = 0,92584

Resistance

Resistance 1 = 0,92907 Resistance 2 = 0,93287 Resistance 3 = 0,93610

Support

Support 1 = 0,92204 Support 2 = 0,91881 Support 3 = 0,91501

USDJPY

[caption id="attachment_14371" align="alignnone" width="1000"]

Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to weaken, the candle moves Bullish towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, 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 = 115,921

Resistance

Resistance 1 = 116,410 Resistance 2 = 116,821 Resistance 3 = 117,310

Support

Support 1 = 115,510 Support 2 = 115,021 Support 3 = 114,610

GBPUSD

[caption id="attachment_14370" align="alignnone" width="1004"]


Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling 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 = 1,35756

Resistance

Resistance 1 = 1,36285 Resistance 2 = 1,36962 Resistance 3 = 1,37491

Support

Support 1 = 1,35079 Support 2 = 1,34550 Support 3 = 1,33873

AUDUSD

[caption id="attachment_14374" align="alignnone" width="1000"]

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 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 = 0,71874

Resistance

Resistance 1 = 0,72281 Resistance 2 = 0,72889 Resistance 3 = 0,73296

Support

Support 1 = 0,71266 Support 2 = 0,70859 Support 3 = 0,70251

GOLD

[caption id="attachment_14375" align="alignnone" width="996"]

Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted 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 or even R3. For details, please see below

Pivot Point

Pivot poin are at = 1829,81

Resistance

Resistance 1 = 1838,11 Resistance 2 = 1850,13 Resistance 3 = 1858,43

Support

Support 1 = 1817,79 Support 2 = 1809,49 Support 3 = 1797,,47

OIL

[caption id="attachment_14376" align="alignnone" width="1000"]

Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to decrease/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 or even R3. For details, please see below

Pivot Point

Pivot poin are at = 90,21

Resistance

Resistance 1 = 91,41 Resistance 2 = 92,92 Resistance 3 = 94,12

Support

Support 1 = 88,70 Support 2 = 87,50 Support 3 = 85,99

That's the explanation of "Technical Daily Analysis: February 11, 2022 - Dollar Strengthens". Also read our other articles, such as Chart Pattern explanations, 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.