Forex market Fresh Forecast for today 7 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 07 July 2020
up
EURUSD
2:0
balance
GBPUSD
2:2
up
USDJPY
2:1
«2020»
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EURUSDGood and bad news for the euro
GBPUSDPositive macroeconomic statistics from the UK
USDJPYPositive macroeconomic statistics from the United States
EURUSDWhile the price is held above 23.6% fib level look for buy position.
GBPUSDRemain short towards 38.2% fib level.
USDJPYLook for a possible sell position towards the supportive trendline.
EURUSDWe're neutral
GBPUSDWe're short within 1.2690-1.2594
USDJPYRemain flat
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 7 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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