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USDCHF analysis 16.07.2020

The overall trend is downward. The ascending H1 level pattern is currently truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.

: monitor the price movement in real time.

Trading recommendations:

Sell when a descending wave pattern is formed, where the …

EURUSD technical analysis 16.07.2020

The pair is trading below the 1.1415 ahead the ECB's monetary policy decision, to be made today. The central bank is expected to leave interest rates and the monetary policy unchanged, which will stimulate the demand for risk assets and the euro amid the hopeful outlook for the recovery …

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