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Forex market Fresh Forecast for today 16 April 2020

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 16 April 2020
up
EURUSD
3:1
up
GBPUSD
2:1
down
USDJPY
1:3
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forex euro dollar Fundamental analysis
Author: David Johnson
for 16 April 2020
EURUSDThe ECB supports the swift action
GBPUSDNegative macroeconomic statistics from the United States
USDJPYThe economic conditions are set to worsen.
EURUSDBuy Euro now, with your take profit at 1.10515.
GBPUSDRemain short.
USDJPYRemain long or wait and buy a sustained move above 107.8976, with an ultimate target around 108.570.
EURUSDRemain short
GBPUSDWe're flat
USDJPYWait
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 16 April 2020
EURUSDEURUSD: medium-term buys of the pair.
GBPUSDGBPUSD: medium-term buys of the pair.
USDJPYUSDJPY: medium-term sells of the pair.
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