Forex market Fresh Forecast for today 8 November 2021

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Fresh forecast
for 08 November 2021
down
EURUSD
1:2
up
GBPUSD
2:1
up
USDJPY
2:1
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forex euro dollar Fundamental analysis
Author: David Johnson
for 8 November 2021
EURUSDCorrelation between the European currency and gold
GBPUSDThe UK rates would need to rise
USDJPYCorrelation between S&P500 and USDJPY
EURUSDWe're sellers towards the previous day's lowest low.
GBPUSDWe're sellers towards 1.2615.
USDJPYWe're sellers towards 111.40.
EURUSDWe are bearish towards 1.1512.
GBPUSDWait for a pullback to 1.3546-1.3534 to sell GBP.
USDJPYExpecting a rally towards 114.23
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 8 November 2021
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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