Forecasting

EUR/USD formed a clear double bottom after all. I think it will start rising again towards 1.1200.

EUR/USD is still stuck at 1.1070, hopefully the fundamentals by the end of the week will end this consolidation.

EUR/USD seems to be attempting to break out below the double bottom at 1.1050. If it does we will likely see it dropping below 1.1000.

No EUR/USD breakout to the downside after all, but at least it finally bounced off from 1.1050 and it will likely keep rising next week.

EUR/USD is testing the support at 1.1100 and I think we will likely see it continue moving to the downside.

EUR/USD is moving south again, towards the old support at 1.1050, the sideways consolidation is clearly not over. ;(

EUR/USD is testing the support at 1.1050 yet again, if we finally see a breakout it may depreciate below 1.1000.

EUR/USD did break out below 1.1050, the move to the downside will likely continue.

The move south continued until the market closed yesterday and I think next week EUR/USD will drop down to 1.0900.

The move south continues and by the looks of it EUR/USD will keep depreciating below 1.0900 this week.