The following is the daily technical analysis, February 17, 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_14756" align="alignnone" width="1000"]EURUSD 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's movement is predicted 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 or even S3 levels. For details, please see below

Pivot Point

Pivot poin are at = 1,13707

Resistance

Resistance 1 = 1,13968 Resistance 2 = 1,14215 Resistance 3 = 1,14476

Support

Support 1 = 1,13460 Support 2 = 1,13199 Support 3 = 1,12952

USDCHF

[caption id="attachment_14757" align="alignnone" width="1000"]USDCHF 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch's movement is predicted to strengthen, the candle moves 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 = 0,92293

Resistance

Resistance 1 = 0,92531 Resistance 2 = 0,92839 Resistance 3 = 0,93077

Support

Support 1 = 0,91985 Support 2 = 0,91747 Support 3 = 0,91439

USDJPY

[caption id="attachment_14758" align="alignnone" width="996"]USDJPY 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Yen's movement is predicted to strengthen, the candle moves 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 = 115,527

Resistance

Resistance 1 = 115,704 Resistance 2 = 115,961 Resistance 3 = 116,138

Support

Support 1 = 115,270 Support 2 = 115,093 Support 3 = 114,836

GBPUSD

[caption id="attachment_14759" align="alignnone" width="996"]GBPUSD 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling is predicted 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 = 1,35695

Resistance

Resistance 1 = 1,36129 Resistance 2 = 1,36438 Resistance 3 = 1,36872

Support

Support 1 = 1,35386 Support 2 = 1,34952 Support 3 = 1,34643

AUDUSD

[caption id="attachment_14760" align="alignnone" width="996"]AUDUSD 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie movement is predicted 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, please see below

Pivot Point

Pivot poin are at = 0,71797

Resistance

Resistance 1 = 0,72163 Resistance 2 = 0,72412 Resistance 3 = 0,72778

Support

Support 1 = 0,71548 Support 2 = 0,71182 Support 3 = 0,70933

GOLD

[caption id="attachment_14761" align="alignnone" width="996"]GOLD 2022-02-17 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted 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 = 1863,73

Resistance

Resistance 1 = 1877,24 Resistance 2 = 1885,97 Resistance 3 = 1899,48

Support

Support 1 = 1855,00 Support 2 = 1841,49 Support 3 = 1832,76

OIL

[caption id="attachment_14762" align="alignnone" width="1004"]OIL 2022-02-17 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 = 91,74

Resistance

Resistance 1 = 93,50 Resistance 2 = 96,75 Resistance 3 = 98,51

Support

Support 1 = 88,49 Support 2 = 86,73 Support 3 = 83,48

That's the explanation of "Technical Daily Analysis: February 17, 2022 - Market Bullish". Also read our other articles, such as the explanation of the Bullish Doji, 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.