Technical Daily Analysis: November 30, 2021 - Bearish Market

The following is the daily technical analysis, November 30, 2021. 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_9242" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Euro is predicted to try 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 point are at 1,12869

Resistance

Resistance 1 = 1,13160 Resistance 2 = 1,13408 Resistance 3 = 1,13699

Support

Support 1 = 1,12621 Support 2 = 1,12330 Support 3 = 1,12082

USDCHF

[caption id="attachment_9241" align="alignnone" width="992"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Swiss Franc is predicted to try to strengthen/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, please see below!

Pivot Point

Pivot poin are at 0,92386

Resistance

Resistance 1 = 0,92616 Resistance 2 = 0,92953 Resistance 3 = 0,93183

Support

Support 1 = 0,92049 Support 2 = 0,91819 Support 3 = 0,91482

USDJPY

[caption id="attachment_9240" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Yen is predicted to try to strengthen / 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, please see below!

Pivot Point

Pivot poin are at 113,488

Resistance

Resistance 1 = 113,991 Resistance 2 = 114,452 Resistance 3 = 114,955

Support

Support 1 = 113,027 Support 2 = 112,524 Support 3 = 112,063

GBPUSD

[caption id="attachment_9239" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Pound Sterling is predicted to still weaken/Bearish towards the S1, S2 and even S3 levels, but if it cannot continue its weakness, 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 1,33208

Resistance

Resistance 1 = 1,33546 Resistance 2 = 1,33962 Resistance 3 = 1,34300

Support

Support 1 = 1,32792 Support 2 = 1,32454 Support 3 = 1,32038

AUDUSD

[caption id="attachment_9238" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the Aussie movement is predicted to continue 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 point are at 0,71380

Resistance

Resistance 1 = 0,71631 Resistance 2 = 0,71839 Resistance 3 = 0,72090

Support

Support 1 = 0,71172 Support 2 = 0,70921 Support 3 = 0,70713

GOLD

[caption id="attachment_9237" align="alignnone" width="996"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of Gold is predicted to continue 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, please see below

Pivot Point

Pivot poin are at 1786,67

Resistance

Resistance 1 = 1795,80 Resistance 2 = 1808,41 Resistance 3 = 1817,54

Support

Support 1 = 1774,06 Support 2 = 1764,93 Support 3 = 1752,32

OIL

[caption id="attachment_9236" align="alignnone" width="988"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of oil is predicted to continue 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 and even R3. For details, please see below

Pivot Point

Pivot point are at 70,53

Resistance

Resistance 1 = 72,21 Resistance 2 = 74,59 Resistance 3 = 76,27

Support

Support 1 = 68,15 Support 2 = 66,47 Support 3 = 64,09

That's the explanation of "Technical Daily Analysis: November 30, 2021 - Bearish Market". Also read our other articles, such as BRI Transfer Limit & "Bullish Pennant: Definition, Pattern, and How to Trade", 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.