Forex market Fresh Forecast for today 8 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 08 May 2020
balance
EURUSD
1:1
down
GBPUSD
1:3
down
USDJPY
0:2
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EURUSDCorrelation between the euro and commodities
GBPUSDThe steepest plunge in payrolls since the Great Depression
USDJPYGood and bad news
EURUSDRemain short with an ultimate target around 1.03405.
GBPUSDRemain short towards 1.21650.
USDJPYExpect a possible momentum towards 105.353-104.993.
EURUSDremain flat
GBPUSDlooking to sell within 1.2400-1.2392
USDJPYWait
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 8 May 2020
EURUSDEURUSD: temporary uncertainty.
GBPUSDGBPUSD: medium-term sells of the pair.
USDJPYUSDJPY: medium-term sells of the pair.
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