Daily Analysis Report - December 16, 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 16, 2022

2. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 0.67494
R1 0.68238 S1 0.66761
R2 0.68680 S2 0.66309
R3 0.69424 S3 0.6565
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Falling Wedge
OTHER
Buy Above 0.68485
Sell Below 0.66720
Time Frame: H1
AUD/USD
PATTERNS & OBSERVATIONS

3. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.06522
R1 1.07068 S1 1.05983
R2 1.07414 S2 1.05635
R3 1.07974 S3 1.05075
Time Frame: H1
EUR/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor
OTHER
Buy Above 1.06940
Sell Below 1.06180

4. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1.22533
R1 1.23571 S1 1.21522
R2 1.24207 S2 1.20872
R3 1.25252 S3 1.19812
Time Frame: H1
GBP/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Descending Channel
Minor Flat Channel
OTHER
Buy Above 1.23050
Sell Below 1.21500

5. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 1.36261
R1 1.36768 S1 1.35748
R2 1.37097 S2 1.35433
R3 1.37597 S3 1.34912
Time Frame: H1
USD/CAD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel
Minor Flat Channel
OTHER
Buy Above 1.36770
Sell Below 1.35810

6. INDICATOR H1
Trend Up Trend
Moving Average (Period=21) Above MA
RSI (Period=26) Above RSI LEVEL 50
FIBO Levels PIVOT 137.059
R1 138.197 S1 135.903
R2 138.915 S2 135.243
R3 140.040 S3 134.159
Time Frame: H1
USD/JPY
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Flat Channel
Minor Ascending Triangle
OTHER
Buy Above 137.970
Sell Below 136.245

7. INDICATOR H1
Trend Down Trend
Moving Average (Period=21) Below MA
RSI (Period=26) Below RSI LEVEL 50
FIBO Levels PIVOT 1786.33
R1 1799.99 S1 1772.82
R2 1807.98 S2 1764.83
R3 1821.50 S3 1751.17
Time Frame: H1
XAU/USD
PATTERNS & OBSERVATIONS
WHAT DOES A CHART SAY, TODAY?
PATTERNS
Major Ascending Channel (Widening)
Minor Descending Triangle
OTHER
Buy Above 1786.00
Sell Below 1772.75