The following GIC presents to you prospective or GICTrade customers regarding daily technical analysis of forex, and oil on October 18, 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_7791" align="alignnone" width="1029"]EURUSD 2021-10-18 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, see below!

Pivot Point

Pivot point are at 1,16016.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 1,16157
  2. Resistance 2 = 1,16322
  3. Resistance 3 = 1,16463

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 1,15851
  2. Support 2 = 1,15710
  3. Support 3 = 1,15545

USDCHF

[caption id="attachment_7790" align="alignnone" width="1024"]USDCHF 2021-10-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of Swiss Franch 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, see below!

Pivot Point

Pivot point are at 0,92327.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 0,92534
  2. Resistance 2 = 0,92795
  3. Resistance 3 = 0,92957

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 0,92111
  2. Support 2 = 0,91949
  3. Support 3 = 0,91688

USDJPY

[caption id="attachment_7789" align="alignnone" width="1029"]USDJPY 2021-10-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Yen 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, see below!

Pivot Point

Pivot point are at 114,123.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 114,610
  2. Resistance 2 = 114,943
  3. Resistance 3 = 115,430

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 113,790
  2. Support 2 = 113,303
  3. Support 3 = 112,970

GBPUSD

[caption id="attachment_7788" align="alignnone" width="1024"]GBPUSD 2021-10-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding Poudsterling's movement is predicted 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, see below!

Pivot Point

Pivot point are at 1,37264.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 1,37860
  2. Resistance 2 = 138319
  3. Resistance 3 = 1,3915

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 1,36805
  2. Support 2 = 1,36209
  3. Support 3 = 1,35750

AUDUSD

[caption id="attachment_7787" align="alignnone" width="1024"]AUDUSD 2021-10-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Aussie is predicted 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, see below!

Pivot Point

Pivot point are at 0,74201.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 0,74378
  2. Resistance 2 = 0,74566
  3. Resistance 3 = 0,74743

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 0,74013
  2. Support 2 = 0,73836
  3. Support 3 = 0,73648

OIL

[caption id="attachment_7786" align="alignnone" width="1033"]OIL 2021-10-18 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding oil movements is predicted to continue to rise/bullish towards the R1, R2 and even R3 levels, but if it cannot continue its increase, it will return to the pivot level or it may move to the S1, S2 and even S3 levels. For details, see below!

Pivot Point

Pivot point are at 82,06.

Resistance

The following are the values of resistance 1, 2, and 3 on October 18, 2021.
  1. Resistance 1 = 82,75
  2. Resistance 2 = 83,16
  3. Resistance 3 = 83,85

Support

The following are the values of supports 1, 2, and 3 on October 18, 2021.
  1. Support 1 = 81,65
  2. Support 2 = 80,96
  3. Support 3 = 80,55
Thus the discussion of the forex and oil technical daily analysis article dated October 18, 2021. Read our other articles about forex, such as "9 List of Fraudulent Forex Brokers in Indonesia According to Regulators" 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.