Forecasting

EUR/USD found a resistance at 1.1385 and started forming a correction. That said, I think the target of the overall move north is at the last high at 1.1500.

EUR/USD remains very undecided at 1.1290 and continues consolidating sideways. Without a proper breakout in either direction it's unclear how the pair will develop in the short term.

EUR/USD is rallying and it is testing 1.1365. We will have to wait and see whether it will form a double top at 1.1385 or it will continue moving north.

EUR/USD formed a double top at 1.1385 after all. There is also a hanging man candlestick at that level on the four-hour time-frame. Next target will likely be back at 1.1300.

EUR/USD remains very undecided for now. So far there is no proper breakout, so it is very likely that the consolidation will last at least until tomorrow.

EUR/USD dropped to 1.1300 and is currently testing that support. A breakout below that level will lead, I think, to a further depreciation toward 1.1260 - 1.1250.

The EUR/USD correction continues developing for now, the pair is consolidating above 1.1250. Next target may be at 1.1300, I think.

EUR/USD pulled back from 1.1350 and is currently depreciating back toward 1.1250. I think the correction may last for most of the week.

EUR/USD is testing the support at 1.1220 again, the correction continues developing. A breakout below 1.1200 could lead to a drop to 1.1130.

EUR/USD is at 1.1215 and it is still testing that support. Whether there will be a breakout below that level this week remains to be seen, hopefully there will be one.