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Fresh forecast of the Forex market for today 16 Outubro 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 Outubro 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 Outubro 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 Outubro 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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