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CADCHF analysis 02.11.2020

The currency pair is trading in the range of the upper limit of the descending price channel. The ascending H2 level pattern is truncated. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition. A breakout of 0.6859 will result in the formation of a descending …

EURUSD technical analysis 02.11.2020

The pair declines as the demand for risk assets falls and investors are cautious ahead of the US presidential election amid the second wave of the COVID-19 pandemic.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is on the border …

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