Forex market Fresh Forecast for today 7 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 07 May 2020
down
EURUSD
1:2
up
GBPUSD
2:1
down
USDJPY
1:3
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EURUSDPositive macroeconomic statistics from China
GBPUSDBoE refrained from boosting its bond-buying program
USDJPYThe bullish rally in the U.S. stock market
EURUSDRemain short towards 1.03405.
GBPUSDRemain long with your target at 1.24860.
USDJPYAt this point, we expect a possible momentum towards 105.353.
EURUSDWe're flat
GBPUSDWe are flat temporarily
USDJPYWait
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 7 May 2020
EURUSDEURUSD: medium-term sells of the pair.
GBPUSDGBPUSD: medium-term sells of the pair.
USDJPYUSDJPY: medium-term sells of the pair.
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