The EUR/USD move south continues for now, I think it may drop to 1.1100.
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The EUR/USD move south continues for now, I think it may drop to 1.1100.
EUR/USD remains bearish after all and we may see it break out below 1.1100 before the market closes tomorrow.
The move south continues and EUR/USD dropped below 1.1100, next target is likely at 1.1050.
The market was very bearish last week and there was no indication for a reversal so I expect USD/CAD to continue depreciating tomorrow.
It found some support at 1.1070 but I think EUR/USD will likely keep falling during the week.
The move north continues for now but it is yet to reach 1.1150. I think the question is, however, whether EUR/USD would rally all the way to the last high at 1.1180.
EUR/USD almost reached 1.1180 today, let's see whether it will form a double top or it will continue moving north.
EUR/USD did form something of a double top at 1.1180 but it remains bullish, let's see whether it will rally above the resistance.
USD/CAD was quite bearish when the market closed on Friday, if that continues next week we may see it drop to 1.3100.
The double top did remain and EUR/USD depreciated back toward 1.1070. I think it will continue falling to 1.1050.
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