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Forex market Fresh Forecast for today 5 October 2021

Read daily Forex forecasts by our best experts. We provide reviews for major currency pairs and for commodities. You can check our Forex EURUSD forecast and find out where the most popular currency pair will go. If you prefer commodity trading, study gold reviews and follow gold price change. FreshForex Forecast service provides the latest data on market moves every day. More than 10,000 traders follow our reviews. The most popular one is EURUSD Forex forecast, which inspires many traders to use it in trading. Look at the chart of euro dollar in our Forex Forecast, read the report and trade with profit!
Fresh forecast
for 05 October 2021
up
EURUSD
1:0
balance
GBPUSD
2:2
down
USDJPY
1:2
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forex euro dollar Fundamental analysis
Author: David Johnson
for 5 October 2021
EURUSDPositive dynamics of the European debt market
GBPUSDInverse correlation between the dollar and oil
USDJPYGeopolitical tensions in the United States
EURUSDWe're waiting for a rebound from around 1.09240 to pick a low risk buy position towards 1.38515.
GBPUSDWe're sellers temporarily
USDJPYWe're sellers towards the lower trendline.
EURUSDWait for a correction to 1.1667 to sell EUR
GBPUSDwe are bearish towards 1.3423
USDJPYWe're long towards 111.95
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 5 October 2021
EURUSDEURUSD: medium-term sells of the pair.
GBPUSDGBPUSD: medium-term buys of the pair.
USDJPYUSDJPY: medium-term sells of the pair.
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