The USDCHF pair provided positive trades yesterday but it begins to decline today, affected by the negative overlapping signal that appears through stochastic, waiting to motivate the price to break 0.9712 to confirm heading towards 0.9590 that represents our next negative target.

Therefore, we will continue to suggest the bearish trend in the upcoming period, reminding you that holding below 0.9770 represents initial condition to continue the suggested decline.

The expected trading range for today is between 0.9680 support and 0.9800 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1324	-0.0007	0.0640%
The EURUSD surpasses the initial resistance – Analysis - 09-07-2020
	GBP/USD	1.2637	0.0130	1.0402%

	Tadawul	7429.46	35.20	0.48%

	Silver	18.973	0.626	3.415%

	Oil	40.790	0.555	1.379%
Crude oil price is calm – Analysis - 09-07-2020
	Brent Oil	43.28	-0.02	0.05%

	Gold	1814.060	28.075	1.572%
Gold price keeps achieving gains – Analysis - 09-07-2020

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