The following GIC presents to you prospective or GICTrade customers regarding technical analysis of forex, gold, and oil on October 12, 2021. You can use the technical daily data and analysis here as a benchmark, but neither GIC nor the data provider is responsible for the results of your financial activities. It will be your own responsibility!

EURUSD

[caption id="attachment_7593" align="alignnone" width="1029"]EURUSD 2021-10-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Euro is predicted to continue to weaken/bear 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 point are at 1,15621.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 1.15761. Resistance 2 = 1.15999. Resistance 3 = 1.16139. The following are the support values 1, 2, and 3 on October 12, 2021.

Support

Support 1 = 1.15383. Support 2 = 1.15243. Support 3 = 1.15005.

USDCHF

[caption id="attachment_7592" align="alignnone" width="1033"]USDCHF 2021-10-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Swiss Franc is predicted to continue to strengthen/Bullish towards the levels 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 point are at 0,92707.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 0.92923. Resistance 2 = 0.93085. Resistance 3 = 0.93301.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 0.92545. Support 2 = 0.92329. Support 3 = 0.92167.

USDJPY

[caption id="attachment_7591" align="alignnone" width="1016"]USDJPY 2021-10-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Yen is predicted to continue strengthening/bullish towards the levels 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 112,947.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 113,776. Resistance 2 = 114,233. Resistance 3 = 115,062.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 112,490. Support 2 = 111,661. Support 3 = 111,204.

GBPUSD

[caption id="attachment_7590" align="alignnone" width="1029"]GBPUSD 2021-10-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Pound Sterling is predicted to continue to weaken/bear 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 1,36164.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 1.36494. Resistance 2 = 1.37059. Resistance 3 = 1.37389.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 1.35599. Support 2 = 1.35269. Support 3 = 1.34704.

AUDUSD

[caption id="attachment_7589" align="alignnone" width="1024"]AUDUSAD 2021-10-12 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 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 0,73368.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 0.73824. Resistance 2 = 0.74175. Resistance 3 = 0.74631.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 0.73017. Support 2 = 0.72561. Support 3 = 0.72210.

GOLD

[caption id="attachment_7588" align="alignnone" width="1025"]Gold 2021-10-12 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of GOLD is predicted to continue to decline/bearish towards the S1, S2 and even S3 levels, but if it cannot continue its decline, 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 1754,97.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 1759.92. Resistance 2 = 1765.82. Resistance 3 = 1770.77.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 1749.07. Support 2 = 1744.12. Support 3 = 1738.22.

OIL

[caption id="attachment_7587" align="alignnone" width="1029"]OIL 2021-10-12 Photo Source: Nurhakim via GIC[/caption] 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 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 80,73.

Resistance

The following are the resistance values 1, 2, and 3 on October 12, 2021. Resistance 1 = 81.90. Resistance 2 = 83.33. Resistance 3 = 84.50.

Support

The following are the support values 1, 2, and 3 on October 12, 2021. Support 1 = 79.30. Support 2 = 78.13. Support 3 = 76.70. Thus the discussion of the daily technical analysis article of forex and oil dated October 12, 2021. Read our other articles about forex, such as "Ara Stocks Mean? Definition to Benefits" only in the GIC Journal. Also look for extra money through GIC promotions, such as Friday Barokah. See also the forex explainer video in the trading for freedom video.