Forex market analytics as of 10/31/2023

Hello. Below are several recommendations for trading on the Forex market on 10/31/2023


A small pin bar pattern has formed on the USDCHF pair. The price entered the FVG area from the weekly timeframe, and we also have an order block zone on the daily timeframe. The first reaction has already been shown, and we will probably try to resume the fall. I’ll try selling here, with the first targets at FVG 0.8962, if we miss it, then FVG 0.8857. In transaction statistics, large brokers have an advantage of buyers, which should contribute to a fall in prices.

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