On the USDCHF pair, they drew something similar to a Pin Bar pattern, but it is completely in the air, without any visible support. Judging by the dominance of buyers in the trade statistics and the overall market situation, we should expect the price decline to continue.
Friday did not bring anything interesting to the market; all pairs remained in the same place. On GBPUSD, they left interesting equal highs at 1.3463, and I really want to see a move above them.
On the EURUSD pair, not much has changed since the last review; we made another move down and settled into a sideways range around the 1.1626 level.
On USDCHF, we are moving around the FVG 0.7885 left from the last decline. It is a good place for the upward correction to end, but I do not want to consider trades here.
On AUDUSD, we reached the first downside target at 0.7110. Let us see whether there will be a turning point and a development of the downtrend, or whether we will return to the range and resume growth.
On EURUSD, an Inside Bar pattern formed after moving below the 1.1627 level. I think it is worth considering buys here, expecting growth to resume and the main upward move to continue.
EURUSD ultimately remained in a sideways range and today reached the lower boundary at 1.1667. Tomorrow I think we will move below this level, and I will make trading decisions based on the reaction.
Gold resumed its decline from the 50% level of the latest downward impulse and moved down toward the 4500.00 area. I am not rushing into trades yet. Price has approached the lows of the last couple of weeks, and the reaction to them is important.
On the EURUSD pair, they gave a good impulse, but we remained in a sideways range and closed below the 1.1754 level. The price is not being let out of the sideways range, and I think it is worth waiting for a move downward.
On the major pairs everything is unchanged, let us look at USDJPY. Last week they made an interesting run below the lower boundary of the 157.50 range and have now returned into it on a pullback.
On the USDCHF pair, equal lows of 0,7775 were left below, which look like an excellent target for an impulse downward.
On EURUSD, the week closed with a Pin Bar pattern, making the week's high. In a sideways range like this, there are not many trading options.
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