Daily Analysis Report - December 07, 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. December 07, 2022

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.67041
R1 0.67293 S1 0.66806
R2 0.67438 S2 0.66652
R3 0.67681 S3 0.66417
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Descending Channel
OTHER
Buy Above 0.67285
Sell Below 0.66800
Time Frame: H1
AUD/USD
PATTERNS & OBSERVATIONS

3. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.04851
R1 1.05142 S1 1.04567
R2 1.05315 S2 1.04400
R3 1.05586 S3 1.04128
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Falling Wedge
OTHER
Buy Above 1.05040
Sell Below 1.04400

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.21762
R1 1.22303 S1 1.21213
R2 1.22620 S2 1.20871
R3 1.23194 S3 1.20340
Time Frame: H1
GBP/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channels & Descending Channel
OTHER
Buy Above 1.21770
Sell Below 1.20870

5. INDICATOR H1
Trend Reversing Up Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.36385
R1 1.36733 S1 1.35931
R2 1.36976 S2 1.35671
R3 1.37385 S3 1.35286
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel
OTHER
Buy Above 1.36780
Sell Below 1.36120

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 136.807
R1 137.380 S1 136.235
R2 137.724 S2 135.917
R3 138.271 S3 135.344
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Rising Wedge
Minor Flat Channel
OTHER
Buy Above 137.730
Sell Below 136.590

7. INDICATOR H1
Trend Reversing Down Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1773.30
R1 1778.35 S1 1767.95
R2 1781.50 S2 1764.64
R3 1786.65 S3 1759.36
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel
OTHER
Buy Above 1778.00
Sell Below 1764.50