Forex market Fresh Forecast for today 8 April 2021

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Fresh forecast
for 08 April 2021
up
EURUSD
2:1
up
GBPUSD
3:0
up
USDJPY
3:0
«2021»
«April»
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EURUSDThe Federal Reserve's stimulating monetary policy
GBPUSDThe excess dollar liquidity
USDJPYThe size of the FED balance sheet is «far» from hitting any limits
EURUSDWait for sell signals around 50.0% fib level.
GBPUSDWait for a possible buy from around 1.36310 towards 1.41980.
USDJPYBuy a rebound from the upper trendline towards 114.101.
EURUSDWe're bullish towards 1.1984
GBPUSDRemain flat
USDJPYWe're flat temporarily
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 8 April 2021
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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