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Forex market Fresh Forecast for today 6 May 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 06 May 2020
down
EURUSD
1:3
up
GBPUSD
2:1
down
USDJPY
0:4
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EURUSDA bullish rally in the commodity market
GBPUSDPositive signal for the British currency
USDJPYLow interest rates on dollar loans
EURUSDRemain short with an ultimate target at 1.08020.
GBPUSDSell a break below 1.23985 towards 1.22.
USDJPYWait for a sell from 106.515.
EURUSDbearish towards 1.0754
GBPUSDPlace a buy order within 1.2400-1.2393
USDJPYstill short towards 104.96
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 6 May 2020
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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