Forecasting

AUD/USD is moving to the upside despite the shooting star candlestick on the daily time-frame at 0.7160, I think next target is likely at 0.7200 and it may even break out above it.

USD/CAD is testing the support at 1.3140. The pair is quite bearish as we may see a breakout and then a further move to the downside, likely towards the last low which was around 1.3070.

EUR/GBP formed a hammer candlestick and and a spinning top candlestick at 0.8680 on the daily time-frame and it will likely bounce off from that support. Next target is likely at 0.8800.

USD/CAD was quite bearish this week and it is currently testing the support at 1.3140. Next week there may be a further move to the downside towards 1.3100.

AUD/USD is testing the support at 0.6880 and it has formed a spinning top candlestick at that level on the one-hour time-frame. If it breaks out below that support it will probably continue depreciating towards 0.6800.

EUR/USD dropped sharply today and reached a low at 1.1360 but it also rebounded from that support. On the four-hour time-frame the pair has formed a spectacular shooting star candlestick at 1.1420 so we may see a further move to the downside.

The fundamentals pushed USD/CAD north today and the pair will likely soon reach 1.3250. A breakout above that level could lead to a further move to the upside towards 1.3300.

USD/CAD pulled back from 1.3325 and it is currently consolidating sideways but it will likely continue moving north eventually towards the next target at 1.3400.

EUR/USD is very bearish and I think it may eventually break out below the support at 1.1300 and continue depreciating towards the next support at 1.1200.

EUR/USD dropped sharply today and it may depreciate below the support at 1.1200 to continue falling towards the next support around 1.1100 or even to 1.1000.