Forex market Fresh Forecast for today 11 May 2021

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 11 May 2021
balance
EURUSD
1:1
up
GBPUSD
2:1
down
USDJPY
1:2
«2021»
«May»
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EURUSDCorrelation between gold and the euro
GBPUSDPositive macroeconomic statistics from the UK
USDJPYStrong statistics from Japan
EURUSDExpect sellers to push price much lower towards 1.2006
GBPUSDLook for sell positions towards the lower trendline.
USDJPYKeep looking for long term sell positions expecting the price to break below 107.350 or even lower.
EURUSDWait
GBPUSDWe're flat
USDJPYExpect bullish movemnets towards 110.96
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 11 May 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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