The following is the daily technical analysis, February 18, 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_14793" align="alignnone" width="996"]EURUSD 2022-02-18 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 = 1,13563

Resistance

Resistance 1 = 1,13897 Resistance 2 = 1,14191 Resistance 3 = 1,14525

Support

Support 1 = 1,13269 Support 2 = 1,12935 Support 3 = 1,12641

USDCHF

[caption id="attachment_14792" align="alignnone" width="1008"]USDCHF 2022-02-18 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 = 0,92035

Resistance

Resistance 1 = 0,92193 Resistance 2 = 0,92442 Resistance 3 = 0,92600

Support

Support 1 = 0,91786 Support 2 = 0,91628 Support 3 = 0,91379

USDJPY

[caption id="attachment_14791" align="alignnone" width="1000"]USDJPY 2022-02-18 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 = 115,097

Resistance

Resistance 1 = 115,352 Resistance 2 = 115,788 Resistance 3 = 116,043

Support

Support 1 = 114,661 Support 2 = 114,406 Support 3 = 113,970

GBPUSD

[caption id="attachment_14790" align="alignnone" width="1000"]GBPUSD 2022-02-18 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 = 1,36022

Resistance

Resistance 1 = 1,36492 Resistance 2 = 1,36844 Resistance 3 = 1,37314

Support

Support 1 = 1,35670 Support 2 = 1,35200 Support 3 = 1,34848

AUDUSD

[caption id="attachment_14789" align="alignnone" width="1004"]AUDUSD 2022-02-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie 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 may move to the R1, R2 and even R3 levels. For details, please see below

Pivot Point

Pivot poin are at = 0,71830

Resistance

Resistance 1 = 0,72170 Resistance 2 = 0,72508 Resistance 3 = 0,72848

Support

Support 1 = 0,71492 Support 2 = 0,71152 Support 3 = 0,70814

GOLD

[caption id="attachment_14788" align="alignnone" width="1004"]GOLD 2022-02-18 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 = 1888,88

Resistance

Resistance 1 = 1910,02 Resistance 2 = 1922,16 Resistance 3 = 1943,30

Support

Support 1 = 1876,74 Support 2 = 1855,60 Support 3 = 1843,46

OIL

[caption id="attachment_14787" align="alignnone" width="1004"]OIL 2022-02-18 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 = 91,84

Resistance

Resistance 1 = 93,08 Resistance 2 = 94,58 Resistance 3 = 95,82

Support

Support 1 = 90,34 Support 2 = 89,10 Support 3 = 87,60

That's the explanation of "Technical Daily Analysis: February 18, 2022 - Dollar Weakens". Also read our other articles, such as the explanation of How to Play Trading, 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.