Forecasting

EUR/USD is consolidating around 1.1415 but it is quite bullish so it may continue rallying before the market closes this week. 1.1500 remains a valid target for now.

The move north is slowly developing as the pair did break out above 1.1400. Next target is 1.1500, and a possible breakout above that resistance will lead to a rally to 1.1600, I think.

EUR/USD bounced off from 1.1470 and is currently depreciating. That said, the target at 1.1500 remains valid for now, it's possible the pair may still reach it by the end of the week.

EUR/USD finally reached 1.1500, a breakout is all but inevitable, I think. The next target is likely around 1.1540 and then 1.1640.

EUR/USD is testing 1.1600 and by the looks of it - as the pair is very bullish - we may see a breakout above that resistance too. Next target will likely be at 1.1640.

EUR/USD broke out above 1.1600 and remains very bullish. It is almost certain, I think, that next target is at 1.1640. It's possible it will rally above that level too.

EUR/USD is testing 1.1640 currently, I would not be surprised if there is a breakout soon and the move north toward 1.1700 continues.

EUR/USD finally rallied above 1.1640 and not only did it do that, but it even broke out above 1.1700! The pair is very bullish and I think we will soon see it reach 1.1800.

EUR/USD pulled back from 1.1780 and it may form some correction before the move north continues developing, which it likely will as it remains quite bullish.

EUR/USD is once again testing the resistance at 1.1780 and considering how bullish it is, I would not be surprised if it rallies above 1.1800 too.