Forecasting

GBP/JPY is stuck in a sideways consolidation between 144.00 and 148.80 that is most obvious on the weekly time-frame. Depending on the breakout it may reach 140.00 or 150.00.

EUR/AUD is testing the support at 1.5800 and I think it is quite bearish, so we may see a breakout and then a further move to the downside towards 1.5700.

AUD/USD found some support at 0.7100 that isi visible of on the four-hour time-frame and by the looks of things it may (at least briefly) bounce off from it.

GBP/JPY is back to testing 145.80 and the sideways consolidation continues. There will likely be a new move south towards 145.00.

The US Non-Farm Payrolls came out today but they barely had an effect on the EUR/USD pair. It dropped with about 20 pips and it will likely continue depreciating towards 1.1200.

GBP/USD bounced off from 1.3000 and it may continue moving to the upside. Next target is probably around 1.3100 or even above that level.

EUR/USD rebounded from 1.1180 after forming a spinning top candlestick at that level on the weekly time-frame and it may continue rallying towards 1.1300.

USD/CAD rebounded from 1.3290 and remains bullish so far. I think we may see it rally towards 1.3400 or even 1.3500 by the end of the week.

USD/JPY bounced off from the support at 110.80 and I think the move north will continue for now. Next target is likely around 111.50 or even around 112.00.

GBP/USD found some support around 1.3130. Considering the sideways consolidation it is stuck in it may continue moving to the downside.