Forecasting

EUR/USD broke out below the double bottom and reached 1.0900, next week the move south will likely continue.

It found some support at 1.0900 but I think it will eventually continue depreciating next week.

USD/CAD has been consolidating sideways all week and given the pinbars around 1.3300 on the daily time-frame we may see a new move south after all.

The move south seems to continue. Let's see whether EUR/USD will finally break out below the support at 1.0900.

EUR/USD bounced off from 1.0880, the move south being cut short. I think it will move north towards 1.0950.

EUR/USD reached 1.0950 as I thought it would, next target is likely around 1.1000.

EUR/USD testing 1.1000 as I thought it would, a breakout above that level may lead to a rally toward 1.1060.

The move north continues even though EUR/USD is yet to break out above 1.1000. That may happen next week.

The market closed at 1.0980 and remains bullish for now, we will likely see an EUR/USD breakout above 1.1000 next week.

EUR/USD is undecided, typical for Monday. Hopefully by the end of the week the move north will continue.