Technical Daily Analysis: January 19, 2022 - Bullish Markets

The following is the daily technical analysis, January 19, 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_13169" align="alignnone" width="988"] 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 poin are at 1,13542

Resistance

Resistance 1 = 1,13941 Resistance 2 = 1,14610 Resistance 3 = 1,15009

Support

Support 1 = 1,12873 Support 2 = 1,12474 Support 3 = 1,11805

USDCHF

[caption id="attachment_13168" align="alignnone" width="984"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch'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 could move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 0,91600

Resistance

Resistance 1 = 0,91911 Resistance 2 = 0,92097 Resistance 3 = 0,92408

Support

Support 1 = 0,91414 Support 2 = 0,91103 Support 3 = 0,90917

USDJPY

[caption id="attachment_13167" align="alignnone" width="984"] 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 114,693

Resistance

Resistance 1 = 114,943 Resistance 2 = 115,303 Resistance 3 = 115,553

Support

Support 1 = 114,333 Support 2 = 114,083 Support 3 = 113,723

GBPUSD

[caption id="attachment_13166" align="alignnone" width="984"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of the Pound Sterling 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 1,36102

Resistance

Resistance 1 = 1,36480 Resistance 2 = 1,36989 Resistance 3 = 1,37367

Support

Support 1 = 1,35593 Support 2 = 1,35215 Support 3 = 1,34706

AUDUSD

[caption id="attachment_13165" align="alignnone" width="984"] 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 0,71936

Resistance

Resistance 1 = 0,72179 Resistance 2 = 0,72515 Resistance 3 = 0,72758

Support

Support 1 = 0,71600 Support 2 = 0,71357 Support 3 = 0,71021

GOLD

[caption id="attachment_13164" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold 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 may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot poin are at 1813,96

Resistance

Resistance 1 = 1822,25 Resistance 2 = 1830,98 Resistance 3 = 1839,27

Support

Support 1 = 1805,23 Support 2 = 1796,94 Support 3 = 1788,21

OIL

[caption id="attachment_13163" align="alignnone" width="988"] 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 85,48

Resistance

Resistance 1 = 86,87 Resistance 2 = 87,66 Resistance 3 = 89,05

Support

Support 1 = 84,69 Support 2 = 83,30 Support 3 = 82,51

That's the explanation of "Technical Daily Analysis: January 19, 2022 - Market Bullish". Also read our other articles, such as Gross Domestic Product: Definition, to Methodology, 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.