Analytical forecast for 05/10/2023

Hello. Below are some recommendations for trading in the Forex market on 05/10/2023


USDCHF is not we can consolidate above the upper border of FVG 0 ,8924 and formed a Doji pattern today. Perhaps we will go to update the lows, continuing the trend down, and it is worth taking a closer look at sales here. A large number of buyers in transaction statistics should contribute to this. I would set sales targets around 0.8756 and below.


The AUDUSD failed to renew highs and remained in the sideways zone. The price has formed an Inside bar pattern. I think that the downward movement is corrective to the area of ​​0.6737 or 0.6700, and I would look closely at these levels for purchases, with the expectation of continued growth and a hike above the level of 0.6805.

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