Daily Forex Analysis on 07/07/2023

Hello. Below are some recommendations for trading in the Forex market on 7/7/2023


we move sideways and formed the Absorption pattern at the top border. I'm still bearish here. At a minimum, I think we are going beyond the lower limit, shocking a large number of buyers from the transaction statistics. As a maximum, targets for updating the level of Low 0.8817.


Silver also has Absorption pattern. The price moved slightly into FVG and reacted down. There is no desire to hurry with sales yet, there are weak prerequisites for further growth. As you can see, a small trend line has formed, on which we stopped today. Let's see if we can get below it, then we can think about sales.

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