Forex market Fresh Forecast for today 5 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 05 May 2020
down
EURUSD
0:3
up
GBPUSD
2:0
balance
USDJPY
2:2
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EURUSDGood and bad news for the euro
GBPUSDCorrelation of the British currency and oil
USDJPYCorrelation between USDJPY and #SP500
EURUSDPlace a pending sell limit order around 1.09327 with your take profit at 1.08080.
GBPUSDWait for a sell around 1.25027.
USDJPYRemain short towards 106.305.
EURUSDbearish towards 1.0776
GBPUSDWe're flat
USDJPYShort towards 104.96
forex euro dollar Analysis of margin levels
Author: James Hoggarth
for 5 May 2020
EURUSDEURUSD: medium-term sells of the pair.
GBPUSDGBPUSD: medium-term buys of the pair.
USDJPYUSDJPY: medium-term sells of the pair.
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