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Forex market Fresh Forecast for today 16 July 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 July 2020
up
EURUSD
4:0
balance
GBPUSD
2:2
balance
USDJPY
0:0
«2020»
«July»
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EURUSDPositive macroeconomic statistics from China
GBPUSDCorrelation between GBPUSD and BRENT
USDJPYGood news and bad news.
EURUSDWait for a possible buy position from the supportive trendline.
GBPUSDRemain short towards the 50.0% fib level.
USDJPYWait for a possible buy signal from around 106.675.
EURUSDWe're long
GBPUSDSell GBP within 1.2634-1.2601
USDJPYWe're flat
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 16 July 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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