Forecasting

EUR/USD dropped to 1.0900 and it may be time for a small correction but the pair remains bearish for now.

EUR/USD is consolidating around 1.0900 for now, which is normal after such a major drop. Let's see whether the depreciation will continue.

The move south continues to develop, EUR/USD fell to 1.0850. For now it remains bearish but I think that we have to see a correction sooner or later before it continues depreciating.

It dropped to 1.0825 and is consolidating there but I think that it may keep falling to 1.0800 before a correction begins.

EUR/USD did not break out below 1.0830 when the market closed and next week the correction may finally begin.

WmiFor 3.5 for MT5 (with DTW engine) - indicator for MetaTrader 5

This indicator predicts possible future price movements by searching for similar candle patterns in the rate history.
This is an adaptation of original indicator WmiFor 3.0 (with dynamic time warping engine, DTW) for MetaTrader 4 .


Please, find all details about main principles of operation, settings, and trading strategies on the page of the original indicator (for that indicator only Russian version is available so far, please use built-in translation facilities to read in other languages).

USD/CAD continues depreciating an the pair is testing the support at 1.3230. I think it may soon break out below that level.

EUR/USD remains bearish for now and I think and by the looks of it the pair may break out below 1.0800 soon. Let's see when the correction will begin.

EUR/USD remains very bearish and it broke out below 1.0800. Next target may even be at 1.0750.

EUR/USD found some support at1.0790 but for the moment there is no signal for a correction, if anything it is attempting to break out below that level as well.