The following is the daily technical analysis for September 24, 2024. The data and analysis in this bulletin can be broadly used for your trading activities. However, it is important to note that GICTrade and the data providers are not responsible for the outcome of your trades.
We will now provide a forecast of price movements in Forex and Commodities, complete with calculations of Pivot points, Resistance, and Support levels.
EURUSD
The EUR/USD on the 1-hour period is above the first support area at 1.10970, attempting to rise towards the pivot area at 1.11340 and potentially reaching the first resistance area at 1.11850. Meanwhile, the RSI indicator is above the pivot area, suggesting that the euro may have the potential to rise further.
Suggest: Buy 1.11000 TP1 1.11300 TP2 1.11600 SL 1.10700
PREVIOUS RANGE |
||||||
OPEN |
HIGH |
LOW |
CLOSE |
PREV.CLOSE |
CHANGE |
%CHANGE |
1.11711 |
1.11711 |
1.10833 |
1.11107 |
1.11576 |
-0.00469 |
-0.42% |
DAILY PIVOT POINT |
||||||
R3 |
R2 |
R1 |
PIVOT |
S1 |
S2 |
S3 |
1.12730 |
1.12220 |
1.11850 |
1.11340 |
1.10970 |
1.10460 |
1.10090 |
XAUUSD

Gold prices on the 1-hour period are below the first resistance area at 2634.50, attempting to move down towards the pivot area at 2624.20 and potentially reaching the first support area at 2613.60. Meanwhile, the RSI indicator is at the pivot area, indicating that gold prices may move down or correct before continuing the upward trend.
Suggest: Sell 2635.00 TP1 2630.00 TP2 2625.00 SL 2640.00
PREVIOUS RANGE |
||||||
OPEN |
HIGH |
LOW |
CLOSE |
PREV.CLOSE |
CHANGE |
%CHANGE |
2620.28 |
2634.85 |
2613.89 |
2627.65 |
2619.99 |
7.66 |
0.29% |
DAILY PIVOT POINT |
||||||
R3 |
R2 |
R1 |
PIVOT |
S1 |
S2 |
S3 |
2655.50 |
2645.20 |
2634.50 |
2624.20 |
2613.60 |
2603.20 |
2592.60 |
CLSK (OIL)

Oil prices on the 1-hour period are above the pivot area at 70.60, with the potential to move up to the first resistance area at 71.72 and possibly reach the second resistance area at 72.91. Meanwhile, the RSI indicator is above the pivot area, indicating that oil prices may rise further.
PREVIOUS RANGE |
||||||
OPEN |
HIGH |
LOW |
CLOSE |
PREV.CLOSE |
CHANGE |
%CHANGE |
71.31 |
71.79 |
69.48 |
70.52 |
71.15 |
-0.63 |
-0.89% |
DAILY PIVOT POINT |
||||||
R3 |
R2 |
R1 |
PIVOT |
S1 |
S2 |
S3 |
74.03 |
72.91 |
71.72 |
70.60 |
69.41 |
68.29 |
67.10 |
That concludes the explanation of “Daily Technical Analysis: September 24, 2024 – Dollar Attempts to Rebound.” Be sure to check out our other articles, such as the guide on how to buy cryptocurrency, only on Jurnal GIC. Don’t forget to enhance your trading skills by obtaining the Scalping Guide Ebook. Make sure to download the GIC Mobile App from the Google Play Store.