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Forex market Fresh Forecast for today 16 October 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 October 2020
down
EURUSD
0:2
down
GBPUSD
0:2
up
USDJPY
2:1
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forex euro dollar Fundamental analysis
Author: David Johnson
for 16 October 2020
EURUSDGeopolitical tensions between the EU and the UK
GBPUSDFailed trade negotiations
USDJPYS. Mnuchin said he would continue talks with N. Pelosi
EURUSDRemain short towards 1.16249
GBPUSDSell break below 23.6% fib level towards 1.27188.
USDJPYLook for sell positions towards 104.030.
EURUSDWait
GBPUSDlooking to sell within 1.2942-1.2937
USDJPYWait for a retracement to buy USD.
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 16 October 2020
EURUSDEURUSD: medium-term buys of the pair.
GBPUSDGBPUSD: medium-term buys of the pair.
USDJPYUSDJPY: medium-term buys of the pair.
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