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Fresh forecast of the Forex market for today 16 Abril 2020

Read daily Forex forecasts by our top experts. We provide reviews as for major pairs either for commodities. You can find out from our Forex euro dollar forecast how your favourite pair will move. If you prefer commodity trading, study how the price for gold will change. Our Fresh Forex Forecast service analyzes latest data on price action every day. More than 10,000 traders follow our reviews. The most popular one is euro dollar Forex forecast, which inspires many traders on trading this pair. Look at the chart of euro dollar in our Forex Forecast, read the report and trade with profit! Daily fundamental review represents up-to-date information on major currency pairs. Regular reports based on trend potential review allow you to plan your trading for the coming week.
Fresh forecast
for 16 Abril 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 Abril 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 Abril 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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