Technical Daily Analysis: October 6, 2021 - Bearish Market

The following is a discussion of "Technical Daily Analysis: October 6, 2021" from GIC Indonesia. You can use the data, and analysis here, for the purpose of trading in the Financial Markets. However, GIC Indonesia, the data provider, and analyst provider, is not responsible for any results of your trading in the financial markets. At your own risk!

EURUSD

[caption id="attachment_7407" align="alignnone" width="1029"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses 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 EURUSD tanggal 6 Oktober 2021 berada di 1,15992.

Resistance

The following are the resistance values of 1.2, and 3 EURUSD on October 6, 2021.

1. Resistance 1 = 1,16185
2. Resistance 2 = 1,16405
3. Resistance 3 = 1,16598

Support

The following are the support values of 1.2, and 3 EURUSD on October 6, 2021.

1. Support 1 = 1,15772
2. Support 2 = 1,15579
3. Support 3 = 1,15359

USDCHF

[caption id="attachment_7406" align="alignnone" width="1033"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the movement of the Swiss Franc is predicted to continue to weaken/bear towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, 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

The following are the resistance values of 1.2, and 3 USDCHF on October 6, 2021.

Resistance

The following are the resistance values of 1.2, and 3 USDCHF on October 6, 2021.

1. Resistance 1 = 0,93002
2. Resistance 2 = 0,93187
3. Resistance 3 = 0,93498

Support

The following are the support values of 1.2, and 3 USDCHF on October 6, 2021.

1. Support 1 = 0,92506
2. Support 2 = 0,92195
3. Support 3 = 0,92010

USDJPY

[caption id="attachment_7405" align="alignnone" width="1025"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the movement of the Yen is predicted to continue to weaken/bear towards the levels of R1, R2 and even R3, but if it cannot continue its weakness, 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

The USDJPY pivot point on October 6, 2021 is at 111.289.

Resistance

The following are the resistance values of 1.2, and 3 USDJPY on October 6, 2021.

1. Resistance 1 = 111,731
2. Resistance 2 = 111,998
3. Resistance 3 = 112,440

Support

The following are the support values of 1.2, and 3 USDJPY on October 6, 2021.

1. Support 1 = 111,022
2. Support 2 = 110,580
3. Support 3 = 110,313

GBPUSD

[caption id="attachment_7404" align="alignnone" width="1029"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discussing the movement of the Pound Sterling 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

The pivot point of GBPUSD on October 6, 2021 is at 1.36187.

Resistance

The following are the resistance values of 1.2, and 3 GBPUSD on October 6, 2021.

1. Resistance 1 = 1,36536
2. Resistance 2 = 1,36822
3. Resistance 3 = 1,37171

Support

The following are the support values of 1.2, and 3 GBPUSD on October 6, 2021.

1. Support 1 = 1,35901
2. Support 2 = 1,35552
3. Support 3 = 1,35266

AUDUSD

[caption id="attachment_7403" align="alignnone" width="1033"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses the Aussie movement is predicted to continue weakening/bearishly 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

The AUDUSD pivot point on October 6, 2021 is at 0.72793.

Resistance

The following are the resistance values of 1.2, and 3 AUDUSD on October 6, 2021.

1. Resistance 1 = 0,73103
2. Resistance 2 = 0,73313
3. Resistance 3 = 0,73623

Support

The following are the support values of 1,2, and 3 AUDUSD on October 6, 2021.

1. Support 1 = 0,72583
2. Support 2 = 0,72273
3. Support 3 = 0,72063

OIL

[caption id="attachment_7402" align="alignnone" width="1033"] Photo Source: Nurhakim via GIC[/caption] Daily technical analysis discusses that oil movements are predicted to continue to rise/bullish towards the levels of R1, R2 and even R3, but if they cannot continue the 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

OIL's pivot point on October 6, 2021 was at 78.66.

Resistance

The following are the resistance values of 1.2, and 3 OIL on October 6, 2021.

1. Resistance 1 = 79,87
2. Resistance 2 = 80,67
3. Resistance 3 = 81,88

Support

The following are the values of Support 1, 2, and 3 OIL on October 6, 2021.

1. Support 1 = 77,86
2. Support 2 = 76,65
3. Support 3 = 75,85

This GIC Indonesia's discussion regarding the Technical Daily Analysis: October 6, 2021. Read articles about forex and other finance, such as "Business during the Pandemic" only in the GIC Journal. For those of you who want to get additional money, you can take part in the "Friday Barokah" event, and 100% Deposit Bonus".