Forecasting

EUR/USD bounced off from 1.1370 and is now testing the support at 1.1200. I think it will likely drop to 1.1200.

EUR/USD broke out below 1.1300 and I think we will see it reach 1.1250 quite soon.

EUR/USD is still consolidating around 1.1280 and I think we may have to wait until the NFP on Friday for that to end.

The fundamentals pushed EUR/USD further down and I think it will reach 1.1200 by the time the market closes today.

Bucharest, Romania

GBP/USD is currently quite bearish and I think we will see it break out below 1.2525 next week.

EUR/USD remains bearish and I think we will soon see it depreciate below 1.1200, then continue towards 1.1165.

EUR/USD is finally testing 1.1200 but I, personally, would not open another short before I see a proper breakout below that level.

EUR/USD rebounded from 1.1190. I was really hoping for a proper breakout below 1.1200 but it was clearly not to be.

The EUR/USD move north continues for now, I think we will see it rallying towards 1.1300 once again. The range is clearly not over yet.