The following is the daily technical analysis, January 27, 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_13558" align="alignnone" width="996"]EURUSD 2022-01-27 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 1,12620

Resistance

Resistance 1 = 1,12889 Resistance 2 = 1,13371 Resistance 3 = 1,13640

Support

Support 1 = 1,12138 Support 2 = 1,11869 Support 3 = 1,11387

USDCHF

[caption id="attachment_13559" align="alignnone" width="1000"]USDCHF 2022-01-27 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 0,92048

Resistance

Resistance 1 = 0,92490 Resistance 2 = 0,92898 Resistance 3 = 0,93340

Support

Support 1 = 0,91640 Support 2 = 0,91198 Support 3 = 0,90790

USDJPY

[caption id="attachment_13560" align="alignnone" width="1000"]USDJPY 2022-01-27 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 114,376

Resistance

Resistance 1 = 114,979 Resistance 2 = 115,293 Resistance 3 = 115,896

Support

Support 1 = 114,062 Support 2 = 113,459 Support 3 = 113,145

GBPUSD

[caption id="attachment_13561" align="alignnone" width="992"]GBPUSD 2022-01-27 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 1,34765

Resistance

Resistance 1 = 1,35089 Resistance 2 = 1,35568 Resistance 3 = 1,35892

Support

Support 1 = 1,34286 Support 2 = 1,33962 Support 3 = 1,33483

AUDUSD

[caption id="attachment_13562" align="alignnone" width="996"]AUDUSD 2022-01-27 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie movement is predicted to weaken / Bearish towards the level of S1, S2 and even S3, but if it cannot continue its weakening, 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 0,71299

Resistance

Resistance 1 = 0,71648 Resistance 2 = 0,72157 Resistance 3 = 0,72506

Support

Support 1 = 0,70790 Support 2 = 0,70441 Support 3 = 0,69932

GOLD

[caption id="attachment_13563" align="alignnone" width="996"]GOLD 2022-01-27 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted to decline / Bearish towards the level 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 1827,48

Resistance

Resistance 1 = 1840,11 Resistance 2 = 1862,62 Resistance 3 = 1875,25

Support

Support 1 = 1804,97 Support 2 = 1792,34 Support 3 = 1769,83

OIL

[caption id="attachment_13564" align="alignnone" width="996"]OIL 2022-01-27 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 86,46

Resistance

Resistance 1 = 87,93 Resistance 2 = 88,79 Resistance 3 = 90,26

Support

Support 1 = 85,60 Support 2 = 84,13 Support 3 = 83,27

That's the explanation of "Technical Daily Analysis: January 27, 2022 - Bearish Market". Also read our other articles, such as Investment Diversification: Definition, Goals to Examples, 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.