Forecasting

EUR/USD has been testing 1.1070 repeatedly for weeks, let's see when it will finally break out below it.

EUR/USD is very bearish and next week the move south will likely continue. I think we will see it drop to 1.0950.

USD/CAD is consolidating for now, as it usually does on Mondays. The move north should eventually continue.

USD/CAD remains undecided but I think we will see it break out above 1.3230 eventually.

EUR/USD broke out below the support at 1.1000, next target will be around 1.0960 - 1.0950.

USD/CAD is very slowly inching north but I suspect we won't see it break out above 1.3300 before the end of the trading week.

So much about a breakout below 1.1000 for now. EUR/USD formed a spinning top on the daily time-frame at that level and bounced off from it, by the looks of it the pair will rally to 1.1075.

The pair remains quite bullish so I think we will, indeed, see it rally to 1.1100 soon and it may even break out above it.

I expected a further move south but USD/CAD found a support at 1.3190 and is now back 1.3240. Next target is around 1.3270 again.

EUR/USD reached only 1.1080 before pulling back from that level, how it will develop from here is still unclear, I think.