The following is the daily technical analysis, October 26, 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_8037" align="alignnone" width="1024"]EURUSD 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Euro is predicted to try to weaken/bear 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 1,16211.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 1,16527
  2. Resistance 2 = 1,16958
  3. Resistance 3 = 1,17274

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 1,15780
  2. Support 2 = 1,15464
  3. Support 3 = 1,15033

USDCHF

[caption id="attachment_8036" align="alignnone" width="1029"]USDCHF 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of Swiss Franch 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 0,91820.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 0,92175
  2. Resistance 2 = 0,92370
  3. Resistance 3 = 0,92725

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 0,91625
  2. Support 2 = 0,91270
  3. Support 3 = 0,91075

USDJPY

[caption id="attachment_8035" align="alignnone" width="1020"]USDJPY 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of the Yen 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 113,688.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 113,934
  2. Resistance 2 = 114,163
  3. Resistance 3 = 114,409

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 113,459
  2. Support 2 = 113,213
  3. Support 3 = 112,984

GBPUSD

[caption id="attachment_8034" align="alignnone" width="1029"]GBPUSD 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding Poudsterling's movement is predicted to try to weaken/bear 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 1,37646.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 1,37904
  2. Resistance 2 = 1,38168
  3. Resistance 3 = 1,38426

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 1,37382
  2. Support 2 = 1,37124
  3. Support 3 = 1,36860

AUDUSD

[caption id="attachment_8033" align="alignnone" width="1029"]AUDUSD 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the Aussie movement is predicted to try to weaken/bear 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 0,74853.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 0,75084
  2. Resistance 2 = 0,75273
  3. Resistance 3 = 0,75504

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 0,74664
  2. Support 2 = 0,74433
  3. Support 3 = 0,74244

GOLD

[caption id="attachment_8032" align="alignnone" width="1029"]GOLD 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of Gold 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 1802,90.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 1813,77
  2. Resistance 2 = 1820,78
  3. Resistance 3 = 1831,65

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 1795,89
  2. Support 2 = 1785,02
  3. Support 3 = 1778,01

OIL

[caption id="attachment_8031" align="alignnone" width="1033"]OIL 2021-10-26 Photo Source: Nurhakim via GIC[/caption] Daily technical analysis regarding the movement of oil is predicted to try to weaken/bear 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 84,12.

Resistance

The following are resistance values 1, 2, and 3.
  1. Resistance 1 = 84,87
  2. Resistance 2 = 86,15
  3. Resistance 3 = 86,90

Support

The following are support values 1, 2, and 3.
  1. Support 1 = 82,84
  2. Support 2 = 82,09
  3. Support 3 = 80,81
That's the explanation of "Technical Daily Analysis: October 26, 2021 - Bearish Market". Also read our other articles, such as "10 Best Investment Applications in Indonesia and OJK", only in the GIC Journal. Don't forget to take part in the NFP live trading event and also get a guidebook in the form of a scalping ebook.