The following is the daily technical analysis, March 17, 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_16127" align="alignnone" width="992"]EURUSD 2022-03-17 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 = 1,10094

Resistance

Resistance 1 = 1,10711 Resistance 2 = 1,11080 Resistance 3 = 1,11697

Support

Support 1 = 1,09725 Support 2 = 1,09108 Support 3 = 1,08739

USDCHF

[caption id="attachment_16128" align="alignnone" width="996"]USDCHF 2022-03-17 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 = 0,94188

Resistance

Resistance 1 = 0,94481 Resistance 2 = 0,94889 Resistance 3 = 0,95182

Support

Support 1 = 0,93780 Support 2 = 0,93487 Support 3 = 0,93079

USDJPY

[caption id="attachment_16129" align="alignnone" width="996"]USDJPY 2022-03-17 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 = 118,680

Resistance

Resistance 1 = 119,191 Resistance 2 = 119,628 Resistance 3 = 120,139

Support

Support 1 = 118,243 Support 2 = 117,732 Support 3 = 117,295

GBPUSD

[caption id="attachment_16130" align="alignnone" width="996"]GBPUSD 2022-03-17 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 = 1,31109

Resistance

Resistance 1 = 1,31924 Resistance 2 = 1,32375 Resistance 3 = 1,33190

Support

Support 1 = 1,30658 Support 2 = 1,29843 Support 3 = 1,29392

AUDUSD

[caption id="attachment_16131" align="alignnone" width="996"]AUDUSD 2022-03-17 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, please see below

Pivot Point

Pivot poin are at = 0,72559

Resistance

Resistance 1 = 0,73316 Resistance 2 = 0,73722 Resistance 3 = 0,74479

Support

Support 1 = 0,72153 Support 2 = 0,71396 Support 3 = 0,70990

GOLD

[caption id="attachment_16132" align="alignnone" width="980"]GOLD 2022-03-17 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 = 1916,23

Resistance

Resistance 1 = 1937,53 Resistance 2 = 1950,71 Resistance 3 = 1972,01

Support

Support 1 = 1903,05 Support 2 = 1881,75 Support 3 = 1868,57

OIL

[caption id="attachment_16133" align="alignnone" width="988"]OIL 2022-03-17 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 = 95,97

Resistance

Resistance 1 = 97,89 Resistance 2 = 101,09 Resistance 3 = 103,01

Support

Support 1 = 92,77 Support 2 = 90,85 Support 3 = 87,65

That's the explanation of "Technical Daily Analysis: March 17, 2022 - Market Bullish". Also read our other articles, such as the explanation of the Bullish Doji, 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.