Forex Market Review for 16.07.2026

Hello. Below will be several recommendations for trading on the Forex market for 16.07.2026

USDCHF

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It turned out to be an interesting day today, for now there is not even anything to add, I am watching what will happen next. On the USDCHF pair, it failed to break upward out of the sideways range, the price returned to the range and seems likely in the coming days to try to break below the lower boundary. On intraday pullbacks, one can look for short sales down to the 0,8010 level; for now I do not want to guess further. I am not considering buys here.

Respectfully, Artem aka TeaDrinker