Daily Analysis Report - August 19, 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 19, 2022

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.69282
R1 0.69544 S1 0.69005
R2 0.69726 S2 0.68843
R3 0.69993 S3 0.68576
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Triangle
Minor
OTHER
Buy Above 0.69445
Sell Below 0.68830
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 1.01190
R1 1.01623 S1 1.00757
R2 1.01920 S2 1.00499
R3 1.02329 S3 1.00050
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Flat Channel
OTHER
Buy Above 1.01205
Sell Below 1.00490

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.19780
R1 1.20371 S1 1.19182
R2 1.20735 S2 1.18796
R3 1.21324 S3 1.18217
Time Frame: H1
GBP/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor
OTHER
Buy Above 1.19771
Sell Below 1.18807

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.29311
R1 1.29645 S1 1.28977
R2 1.29844 S2 1.28778
R3 1.30178 S3 1.28452
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Wedge
Minor Flat Channel
OTHER Price – RSI Divergence is observed
Buy Above 1.29845
Sell Below 1.29250

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 135.498
R1 135.960 S1 135.013
R2 135.267 S2 134.693
R3 136.729 S3 134.243
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Ascending Channel
OTHER
Buy Above 136.500
Sell Below 135.685

7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1762.09
R1 1768.56 S1 1755.52
R2 1772.56 S2 1751.62
R3 1779.12 S3 1745.06
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor
OTHER
Buy Above 1762.00
Sell Below 1750.50