The document provides daily technical analysis for multiple currency pairs including EUR/USD, GBP/USD, USD/CAD, USD/JPY, AUD/USD, and XAU/USD on the H1 time frame. For each currency pair, it analyzes the trend, moving average, RSI, Fibonacci levels, and provides commentary on levels to watch and potential trade opportunities based on breaks of identified levels. The analysis finds down trends for most currency pairs, with some showing signs of trend reversal, and provides guidance on entry and exit levels for traders.

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13th
May 2022
Daily Analysis
Report

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.04210
R1 1.04890 S1 1.03556
R2 1.05270 S2 1.03130
63 1.05983 S3 1.02436
Time Frame: H1
EUR/USD
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Comment:
- EURUSD is below MA & Pivot Point. RSI is below 50 level mark. Down Trend is
observed.
- A Widening Descending Channel is observed and price has checked the
bottom of the channel.
- Below 1.03510 (Candle Close) a fresh Sell may be entered.
- Alternative Scenario – Above 1.04530 an intraday up trend may start.
- Watch out levels for intraday trading.

3. INDICATOR H1
Trend Reversing Down Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.22062
R1 1.22385 S1 1.21726
R2 1.22627 S2 1.21524
63 1.22936 S3 1.21161
Time Frame: H1
GBP/USD
Comment:
- GBPUSD is above MA & Pivot Point. RSI below 50 level mark. Reversing
Down Trend is observed.
- A Descending Channel has been formed and price has checked the top the
channel.
- Closing H1 Candle below 1.21726 may take price down.
- Alternative Scenario – Up trend may be observed above 1.22627.
- Watch out levels for intraday trading.
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4. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.30319
R1 1.30700 S1 1.29938
R2 1.30936 S2 1.29711
R3 1.31338 S3 1.29320
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Time Frame: H1
USD/CAD
Comment:
- USDCAD is below MA and Pivot Point. RSI is below 50 level mark. Down Trend
is observed.
- Price is following a Narrowing Ascending Channel and price has checked
bottom of the Channel and can break it.
- Below 1.29711 a fresh sell is advised.
- Alternative Scenario – Trend reversal may be found above 1.30319.
- Watch out levels for intraday trading.

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=75) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 128.629
R1 129.574 S1 127.650
R2 130.190 S2 127.030
R3 131.156 S3 126.030
Time Frame: H1
USD/JPY
Comment:
- USDJPY is below MA & Pivot Point. RSI is below 50 level. Down Trend is
observed.
- Price is moving in a Descending Channel & a Symmetrical Triangle and has
checked the bottom of the triangle & moving again in channel.
- For fresh Sell, one can enter the trade Below 127.650 (Candle Close).
- Alternative Scenario – Breaking above 129.574 may take it further Upside.
- Watch out levels for intraday trading.
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6. INDICATOR H1
Trend Reversing Down Trend
Moving Average (Period=75) At MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.68787
R1 0.69271 S1 0.68328
R2 0.69556 S2 0.68030
R3 0.70040 S3 0.67547
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Time Frame: H1
AUD/USD
Comment:
- AUDUSD is at MA and Pivot Point. RSI is below 50 level. Down Trend is
observed.
- Price is following a Descending Channel and is moving within the Channel.
- A fresh sell is suggested below 0.68328 (H1 Candle close).
- Alternative Scenario – One can wait for it to break 0.69271 for uptrend.
- Watch out levels for intraday trading.

7. INDICATOR H1
Trend Down Trend
Moving Average (Period=75) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1833.71
R1 1848.18 S1 1819.67
R2 1857.17 S2 1810.63
R3 1871.64 S3 1796.55
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Time Frame: H1
XAU/USD
Comment:
- XAUUSD is priced below MA & Pivot Point. RSI is below 50 level. Down Trend
is observed.
- A Descending Channel is observed. Price has reversed from the bottom.
- If price breaks 1810.50 a fresh downward movement will be seen.
- Alternative Scenario – A fresh buy is suggested above 1838.50
- Watch out levels for intraday trading.

8. You!
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Disclaimer:
Please note that even knowledgeable and well-experienced investors can experience large potential
losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the
risks involved when trading Forex and CFDs and accept all the negative consequences associated with
such trading. Please always remember that trading in Forex and CFDs might not be suitable for all
investors. It is desirable investors who would consider trading, to do so only with money that they can
afford to lose. You are also recommended to seek independent financial advice if necessary.