Technical Daily Analysis: January 25, 2022 - Bear Market

The following is the daily technical analysis, January 25, 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_13382" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Euro's movement is predicted to weaken/bear 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 or even R3. For details, see below!

Pivot Point

Pivot poin are at 1,13195

Resistance

Resistance 1 = 1,13490 Resistance 2 = 1,13741 Resistance 3 = 1,14036

Support

Support 1 = 1,12944 Support 2 = 1,12649 Support 3 = 1,12398

USDCHF

[caption id="attachment_13381" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of Swiss Franch'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 weakening, it will return to the Pivot level or it may move to the level of S1, S2 and even S3. For details, see below!

Pivot Point

Pivot poin are at 0,91306

Resistance

Resistance 1 = 0,91527 Resistance 2 = 0,91801 Resistance 3 = 0,92022

Support

Support 1 = 0,91032 Support 2 = 0,90811 Support 3 = 0,90537

USDJPY

[caption id="attachment_13380" align="alignnone" width="996"] 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, see below!

Pivot Point

Pivot poin are at 113,777

Resistance

Resistance 1 = 114,088 Resistance 2 = 114,305 Resistance 3 = 114,616

Support

Support 1 = 113,560 Support 2 = 113,249 Support 3 = 113,032

GBPUSD

[caption id="attachment_13379" align="alignnone" width="988"] 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, see below!

Pivot Point

Pivot poin are at 1,34965

Resistance

Resistance 1 = 1,35531 Resistance 2 = 1,36216 Resistance 3 = 1,36782

Support

Support 1 = 1,34280 Support 2 = 1,33714 Support 3 = 1,33029

AUDUSD

[caption id="attachment_13378" align="alignnone" width="1000"] 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, see below!

Pivot Point

Pivot poin are at 0,71402

Resistance

Resistance 1 = 0,71904 Resistance 2 = 0,72372 Resistance 3 = 0,72874

Support

Support 1 = 0,70934 Support 2 = 0,70432 Support 3 = 0,69964

GOLD

[caption id="attachment_13377" align="alignnone" width="984"] 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, see below!

Pivot Point

Pivot poin are at 1839,08

Resistance

Resistance 1 = 1848,59 Resistance 2 = 1853,75 Resistance 3 = 1863,26

Support

Support 1 = 1833,92 Support 2 = 1824,41 Support 3 = 1819,25

OIL

[caption id="attachment_13376" align="alignnone" width="980"] 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, see below!

Pivot Point

Pivot poin are at 83,99

Resistance

Resistance 1 = 86,08 Resistance 2 = 88,16 Resistance 3 = 90,25

Support

Support 1 = 81,91 Support 2 = 79,82 Support 3 = 77,74

That's the explanation of "Technical Daily Analysis: January 25, 2022 - Bearish Market". Also read our other articles, such as the Complete Forex Trading Pattern Chart, Get to Know It!, 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.