Daily Analysis Report - August 16, 2022 We are providing a general idea on how market is moving based on Price Action. This is not an investment advice; user must have his/her analysis before entering the trade!

1. August 16, 2022

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.70542
R1 0.70958 S1 0.70098
R2 0.71228 S2 0.69837
R3 0.71682 S3 0.69383
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Triangle
Minor Flat Channel
OTHER
Buy Above 0.70700
Sell Below 0.69830
Time Frame: H1
AUD/USD
PATTERNS & OBSERVATIONS

3. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.01929
R1 1.02385 S1 1.01513
R2 1.02648 S2 1.01226
R3 1.03080 S3 1.00802
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Flat Channel
OTHER
Buy Above 1.02129
Sell Below 1.01280

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.20835
R1 1.21217 S1 1.20467
R2 1.21451 S2 1.20240
R3 1.21833 S3 1.19858
Time Frame: H1
GBP/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Flat Channel
OTHER
Buy Above 1.20835
Sell Below 1.20233

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.28675
R1 1.29320 S1 1.28039
R2 1.29723 S2 1.27636
R3 1.30375 S3 1.26999
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel
OTHER
Buy Above 1.29328
Sell Below 1.28690

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 133.159
R1 133.565 S1 132.769
R2 133.791 S2 132.511
R3 134.197 S3 132.113
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Symmetrical Triangle
Minor Flat Channel
OTHER
Buy Above 133.560
Sell Below 132.770

7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) At RSI LEVEL 50
FIBO Levels PIVOT 1784.87
R1 1796.11 S1 1773.63
R2 1802.89 S2 1763.00
R3 1514.13 S3 1755.61
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Flat Channel
Minor Descending Channel
OTHER
Buy Above 1788.00
Sell Below 1772.00