Technical Daily Analysis: March 28, 2022 - Bullish Market

The following is a daily technical analysis, March 28, 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_16701" align="alignnone" width="988"] 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 = 1,10001

Resistance

Resistance 1 = 1,10198 Resistance 2 = 1,10570 Resistance 3 = 1,10767

Support

Support 1 = 1,09629 Support 2 = 1,09432 Support 3 = 1,09060

USDCHF

[caption id="attachment_16700" align="alignnone" width="1000"] 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 = 0,92939

Resistance

Resistance 1 = 0,93281 Resistance 2 = 0,93471 Resistance 3 = 0,93813

Support

Support 1 = 0,92749 Support 2 = 0,92407 Support 3 = 0,92217

USDJPY

[caption id="attachment_16699" align="alignnone" width="992"] 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 = 121,929

Resistance

Resistance 1 = 122,684 Resistance 2 = 123,187 Resistance 3 = 123,942

Support

Support 1 = 121,426 Support 2 = 120,671 Support 3 = 120,168

GBPUSD

[caption id="attachment_16698" align="alignnone" width="992"] 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 = 1,31898

Resistance

Resistance 1 = 1,32209 Resistance 2 = 1,32554 Resistance 3 = 1,32865

Support

Support 1 = 1,31553 Support 2 = 1,31242 Support 3 = 1,30897

AUDUSD

[caption id="attachment_16697" align="alignnone" width="984"] 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 = 0,75166

Resistance

Resistance 1 = 0,75390 Resistance 2 = 0,75585 Resistance 3 = 0,75809

Support

Support 1 = 0,74971 Support 2 = 0,74747 Support 3 = 0,74552

GOLD

[caption id="attachment_16696" align="alignnone" width="1000"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of the movement of Gold is predicted to continue 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 = 1953,77

Resistance

Resistance 1 = 1964,51 Resistance 2 = 1974,93 Resistance 3 = 1985,67

Support

Support 1 = 1943,35 Support 2 = 1932,61 Support 3 = 1922,19

OIL

[caption id="attachment_16695" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis of oil movements is predicted to go down/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 and even R3. For details, please see below

Pivot Point

Pivot poin are at = 111,77

Resistance

Resistance 1 = 114,90 Resistance 2 = 117,21 Resistance 3 = 120,34

Support

Support 1 = 109,46 Support 2 = 106,33 Support 3 = 104,02

That's the explanation of "Technical Daily Analysis: March 28, 2022 - Bullish Market". Also read our other articles, such as the explanation of the Rising Wedge Pattern, 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.