Technical Daily Analysis: October 14, 2021 - Draw Market

The following GIC presents to you prospective or GICTrade customers regarding daily technical analysis of forex, and oil on October 14, 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!

USDCHF

[caption id="attachment_7672" align="alignnone" width="1025"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the movement of Swiss Franch is predicted to try to weaken/bear 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 0,92601.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 0,92859
2. Resistance 2 = 0,93334
3. Resistance 3 = 0,93592

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 0,92126
2. Support 2 = 0,91868
3. Support 3 = 0,91393

USDJPY

[caption id="attachment_7677" align="alignnone" width="1025"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the movement of the Yen is predicted to try to decline/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 113,419.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 113,618
2. Resistance 2 = 113,994
3. Resistance 3 = 114,193

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 113,043
2. Support 2 = 112,844
3. Support 3 = 112,468

GBPUSD

[caption id="attachment_7676" align="alignnone" width="1025"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discussing the movement of the Pound Sterling is predicted to continue 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 at au it could move to the S1, S2 and even S3 levels. For details, please see below.

Pivot Point

Pivot point are at 1,36323.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 1,36895
2. Resistance 2 = 1,37213
3. Resistance 3 = 1,37785

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 1,36005
2. Support 2 = 1,35433
3. Support 3 = 1,35115

AUDUSD

[caption id="attachment_7675" align="alignnone" width="1029"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the Aussie movement is predicted to continue 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 0,73606.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 0,73984
2. Resistance 2 = 0,74188
3. Resistance 3 = 0,74566

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 0,73402
2. Support 2 = 0,73024
3. Support 3 = 0,72820

GOLD

[caption id="attachment_7674" align="alignnone" width="1029"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses that 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 and even S3. For details, please see below.

Pivot Point

Pivot point are at 1782,26.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 1806,78
2. Resistance 2 = 1820,57
3. Resistance 3 = 1845,09

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 1768,47
2. Support 2 = 1743,95
3. Support 3 = 1730,16

OIL

[caption id="attachment_7673" align="alignnone" width="1025"] Photo Source: Nurhakim via GIC[/caption] The movement of oil 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 point are at 80,29.

Resistance

The following are the resistance values 1, 2, and 3 on October 14, 2021.

1. Resistance 1 = 81,18
2. Resistance 2 = 81,91
3. Resistance 3 = 82,80

Support

The following are the support values for 1, 2, and 3 on October 14, 2021.

1. Support 1 = 79,56
2. Support 2 = 78,67
3. Support 3 = 77,94

This the discussion of the daily technical analysis article of forex and oil dated October 14, 2021. Read our other articles about forex, such as "Dollar Investing: How to Profit for Beginners" only in the GIC Journal. Also look for extra money through GIC promotions, such as Friday Barokah. Also check out the forex explainer video in the Premium Content video.