Technical Daily Analysis: March 14, 2022 - Dollar Strengthens

The following is the daily technical analysis, March 14, 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_15762" align="alignnone" width="996"] 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 = 1,09526

Resistance

Resistance 1 = 1,10038 Resistance 2 = 1,10941 Resistance 3 = 1,11453

Support

Support 1 = 1,08623 Support 2 = 1,08111 Support 3 = 1,07208

USDCHF

[caption id="attachment_15761" align="alignnone" width="988"] 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 = 0,93257

Resistance

Resistance 1 = 0,93690 Resistance 2 = 0,93924 Resistance 3 = 0,94357

Support

Support 1 = 0,93023 Support 2 = 0,92590 Support 3 = 0,92356

USDJPY

[caption id="attachment_15760" align="alignnone" width="988"] 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 = 116,898

Resistance

Resistance 1 = 117,721 Resistance 2 = 118,174 Resistance 3 = 118,997

Support

Support 1 = 116,445 Support 2 = 115,622 Support 3 = 115,169

GBPUSD

[caption id="attachment_15759" align="alignnone" width="996"] 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 = 1,30613

Resistance

Resistance 1 = 1,30956 Resistance 2 = 1,31587 Resistance 3 = 1,31930

Support

Support 1 = 1,29982 Support 2 = 1,29639 Support 3 = 1,29008

AUDUSD

[caption id="attachment_15758" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the Aussie movement is predicted to weaken/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its weakening, 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 = 0,73121

Resistance

Resistance 1 = 0,73425 Resistance 2 = 0,73969 Resistance 3 = 0,74273

Support

Support 1 = 0,72577 Support 2 = 0,72273 Support 3 = 0,71729

GOLD

[caption id="attachment_15757" align="alignnone" width="988"] 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 = 1981,18

Resistance

Resistance 1 = 2003,79 Resistance 2 = 2021,48 Resistance 3 = 2044,09

Support

Support 1 = 1963,49 Support 2 = 1940,88 Support 3 = 1923,19

OIL

[caption id="attachment_15756" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to rise/Bullish towards the level 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 = 108,08

Resistance

Resistance 1 = 111,58 Resistance 2 = 113,81 Resistance 3 = 117,36

Support

Support 1 = 105,80 Support 2 = 102,25 Support 3 = 100,02

That's the explanation of "Technical Daily Analysis: March 14, 2022 - Dollar Strengthens". Also read our other articles, such as the explanation of Signal 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.