Forecasting

EUR/USD continues slowly depreciating - it dropped below 1.0800 and I think the move south will continue to the end of the week.

EUR/USD is still stuck in its sideways consolidation and so far there is no signal for any kind of change, let's see how it will develop next week.

USD/CAD was testing 1.3925 when the market closed yesterday, and the pair is very bearish, I wouldn't be surprised if it dropped below 1.03900.

EUR/USD continues testing the support at 1.0820 and by the looks of it the pair may drop back down toward 1.0760, I think.

EUR/USD is still developing sideways and that may not end by the end of the week by the looks of it.

EUR/USD rebounded from 1.0790 yet again - that is the clear support for the current sideways consolidation. Next target is likely at 1.0830.

As I thought, the consolidation continued to the end of the trading week. Next week we may finally see a proper breakout.

The market will open again soon. Since the sideways consolidation is clearly not over yet, the next target will likely be around 1.0850, I think.

EUR/USD rallied to 1.0850 just as I thought it would. The move north may continue toward the resistance around 1.0880, which is the resistance of the current range.

EUR/USD finally ended the sideways consolidation. The pair rallied to 1.0970 and formed a spinning top candlestick on the four-hour time-frame at that level, so we may see a new move south.