Daily Analysis Report - August 08, 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 08, 2022

2. INDICATOR H1
Trend Reversing Down Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.69186
R1 0.69594 S1 0.68778
R2 0.69827 S2 0.68538
R3 0.70242 S3 0.68136
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Triangle
Minor Flat Channel
OTHER
Buy Above 0.69594
Sell Below 0.68784
Time Frame: H1
AUD/USD
PATTERNS & OBSERVATIONS

3. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) At MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.01917
R1 1.02335 S1 1.01492
R2 1.02601 S2 1.01233
R3 1.03025 S3 1.00814
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Symmetrical Triangle
Minor Flat Channel
OTHER
Buy Above 1.02188
Sell Below 1.01492

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) At MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.20800
R1 1.21430 S1 1.20171
R2 1.21831 S2 1.19770
R3 1.22453 S3 1.19123
Time Frame: H1
GBP/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Flat Channel
OTHER
Buy Above 1.21259
Sell Below 1.20162

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.29282
R1 1.29746 S1 1.28798
R2 1.30053 S2 1.28499
R3 1.30508 S3 1.28021
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Flat Channel
Minor Ascending Channel
OTHER
Buy Above 1.29739
Sell Below 1.28917

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 134.375
R1 135.511 S1 133.240
R2 136.199 S2 132.534
R3 137.335 S3 131.398
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Ascending Channel
OTHER
Buy Above 135.635
Sell Below 134.375

7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1778.00
R1 1789.63 S1 1766.72
R2 1796.57 S2 1759.78
R3 1808.14 S3 1748.21
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor
OTHER
Buy Above 1783.00
Sell Below 1764.00