Need daily technical analysis before
trading? Don't worry, the
GIC team will provide daily technical analysis for various currency pairs and commodities every day. Here are the daily technical analysis recommendations for September 9, 2021 for the
currency pairs EURUSD, USDCHF, AUDUSD, USDJPY as well as gold and oil pairs. This analysis will make it easier for you to take the right position.
EURUSD
[caption id="attachment_6783" align="alignnone" width="1020"]

Photo Source: Fausta via GIC[/caption] Daily technical analysis regarding the movement of the Euro is predicted to continue its strengthening/Bullish towards the levels of R1, R2 and even R3. However, if it cannot continue its strengthening, it will return to the Pivot level or it could move to the level of S1, S2 or even S3. For clarity can be seen below: Pivot points are at 1.17792 Resistance 1 = 1.18088 Resistance 2 = 1.18495 Resistance 3 = 1.18791 Support 1 = 1.17385 Support 2 = 1.17089 Support 3 = 1.16682
USDJPY
[caption id="attachment_6784" align="alignnone" width="1029"]

Photo Source: Fausta via GIC[/caption] Daily technical analysis regarding the movement of the Yen is predicted to continue weakening/Bullish 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, you can see below: Pivot points are at 109,590 Resistance 1 = 109,971 Resistance 2 = 110,204 Resistance 3 = 110,585 Support 1 = 109,357 Support 2 = 108,976 Support 3 = 108,743
GBPUSD
[caption id="attachment_6785" align="alignnone" width="1025"]

Photo Source: Fausta via GIC[/caption] Daily technical analysis regarding the movement of the Pound Sterling 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 can be seen below: Pivot point is at 1.38013 Resistance 1 = 1.38386 Resistance 2 = 1.38894 Resistance 3 = 1.39267 Support 1 = 1.37505 Support 2 = 1.37132 Support 3 = 1.36624
AUDUSD
[caption id="attachment_6786" align="alignnone" width="1025"]

Photo Source: Fausta via GIC[/caption] The Aussie movement is predicted to continue weakening/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 clarity can be seen below: Pivot points are at 0.73041 Resistance 1 = 0.73346 Resistance 2 = 0.73770 Resistance 3 = 0.74075 Support 1 = 0.72617 Support 2 = 0.72312 Support 3 = 0.71888
OIL
[caption id="attachment_6787" align="alignnone" width="1029"]

Photo Source: Fausta via GIC[/caption] The movement of oil is predicted to continue to rise/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, it can be seen below: Pivot points are at 72.36 Resistance 1 = 73.20 Resistance 2 = 73.82 Resistance 3 = 74.66 Support 1 = 71.74 Support 2 = 70.90 Support 3 = 70.28 Thus the discussion of "Technical Daily Analysis: September 17, 2021". Don't forget to follow our daily technical analysis only on the
GIC Journal. For additional forex trading knowledge needs, access our forex trading guide at
Forex Academy, and the
scalping ebook.