Daily Analysis Report - December 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. December 08, 2022

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.67122
R1 0.67395 S1 0.66836
R2 0.67575 S2 0.66665
R3 0.67852 S3 0.66383
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Descending Channel
OTHER
Buy Above 0.67435
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 1.04993
R1 1.05413 S1 1.04592
R2 1.05648 S2 1.04345
R3 1.06068 S3 1.03937
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Descending Channel
OTHER
Buy Above 1.05405
Sell Below 1.04590

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.21825
R1 1.22321 S1 1.21339
R2 1.22636 S2 1.21042
R3 1.23113 S3 1.20556
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 1.22340
Sell Below 1.21180

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.36477
R1 1.36897 S1 1.36040
R2 1.37166 S2 1.35771
R3 1.37603 S3 1.35350
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel & Rising Wedge
OTHER
Buy Above 1.37050
Sell Below 1.36300

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 136.896
R1 137.533 S1 136.273
R2 137.889 S2 135.878
R3 138.551 S3 135.268
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel and Ascending Triangle
Minor Flat Channel
OTHER
Buy Above 137.700
Sell Below 136.250

7. INDICATOR H1
Trend Neutral to Up Trend
Moving Average (Period=21) Above MA (Near To MA)
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1781.78
R1 1789.79 S1 1773.35
R2 1795.35 S2 1768.07
R3 1803.50 S3 1760.00
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel
OTHER
Buy Above 1786.50
Sell Below 1776.00