Candlestick analysis of the Forex market on 31.07.2023

Hello. Below are some recommendations for trading in the Forex market on 07/31/2023


On EURUSD in general nothing has changed, the price is back to the area of ​​1.1037, after strong impulses, a quite logical corrective movement. As long as I keep watching. If you wish, you can look for sales within the day, I think that we go to FVG from below 1.0920.


On the USDCHF pair, we managed to go into a correction to 0.8654 and reach the middle of FVG 0.8730. Looking at the predominance of buyers in the statistics of transactions, it is hard to believe in a long-term continuation of growth. But there are logical targets for correction from above, these are the levels of 0.8818 and 0.8875. We continue to monitor the situation as well. During the day I was looking after shopping here.

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