Forecasting

AUD/USD is testing the resistance at 0.6930. I think it will break out above it and continue climbing towards 0.6950.

GBP/JPY continues depreciating, I think we may see it break out below 137.00 before the market closes today and then there will be another depreciation next week.

USD/JPY was very bearish when the market closed this week, next week the move to the downside will probably continue and we will see the pair depreciate towards 108.00.

USD/CAD found some resistance around 1.3570 and formed a shooting star at that level on the daily time-frame. Next target is likely around 1.3450.

GBP/USD dropped to 1.2555 before it bounced off from that support so it may continue moving north towards 1.2700 for now.

GBP/USD broke out above 1.2700 and it remains very bullish, so it will likely continue moving north towards 1.2800 too.

GBP/USD has formed a shooting star candlestick at 1.2745 but it remains bullish for now. If it breaks out above that resistance it will likely continue rising.

GBP/USD formed a second shooting star candlestick at 1.2745 and then it broke out above that resistance, proving both candlesticks were false signals for a reversals. The move north will probably continue.

EUR/USD is bullish for now, I think we will see it rally towards 1.1350 early next.

USD/JPY remains undecided but it has also formed a spinning top at 108.15 on the daily time-frame, so we may see it rebound from that level.

GBP/USD finally bounced off the resistance at 1.2760 and is currently bearish. We may see it depreciating towards 1.2650.

USD/CAD remains undecided around 1.3270. We may see a correction towards 1.3300.

EUR/USD has formed something of a double top around 1.1345 so I think we may see another move to the downside.

GBP/USD continues consolidating sideways and I think we may see the pair drop down to 1.2660. Let's see when the indecision will end.

The move south continues and GBP/USD is still very bearish. I think it will break out below 1.2600 soon.

EUR/USD depreciated to 1.1200, I guess we will find out next week whether there will be a breakout below that level. Considering how bearish it is it likely will.

GBP/USD broke out below 1.2600, remained very bearish and I think next week we can expect it to continue falling towards 1.2500 too.

EUR/USD rebounded from 1.1200 after all, after forming a double bottom around that level. Let's see how high the correction will be.

GBP/USD found some support at 1.2500 and after forming several spinning top candlesticks there on the four-hour time-frame it bounced off from it. I think it may rally to 1.2600.

EUR/USD is currently consolidating around 1.1200, if it breaks out above that level we may see it rallying towards 1.1240 or even towards 1.1300.

EUR/USD rallied all the way to 1.1320 before pulling back from that level. By the looks of things it may revisit the previous high at 1.1345 eventually.

GBP/USD did reach 1.2500 as I thought it would and bounced off from it. Next target is likely around 1.2800.

EUR/USD closed above 1.1350 on Friday and considering how bullish it is I assume we will see it rally to 1.1400 next week.

EUR/USD did continue moving north and by the looks of it the pair will keep rallying above 1.1400 soon. I think next target is around 1.1440.

EUR/USD broke out above 1.1400 but found some resistance at 1.1412. I think we will see a correction before there is another move north.

EUR/USD pulled back from 1.1410 but is currently testing it again, I think we will see a breakout soon.

EUR/USD continues consolidating sideways and likely fundamentals will be necessary to end that.

USD/CAD is very bearish and it broke out below 1.3100. I would not be surprised to see it fall all the way to 1.3000 too.

USD/CAD is still testing the support (and last low) at 1.3070. I think it will break out below that level but we will have to wait until next week.

The multiple spinning top candlesticks around 1.1370 were a signal for a EUR/USD move south after all. It will likely fall back to 1.1300.

EUR/USD bounced off from 1.1370 and is now testing the support at 1.1200. I think it will likely drop to 1.1200.

EUR/USD broke out below 1.1300 and I think we will see it reach 1.1250 quite soon.

EUR/USD is still consolidating around 1.1280 and I think we may have to wait until the NFP on Friday for that to end.

The fundamentals pushed EUR/USD further down and I think it will reach 1.1200 by the time the market closes today.

Attachment 36062
Bucharest, Romania

GBP/USD is currently quite bearish and I think we will see it break out below 1.2525 next week.

EUR/USD remains bearish and I think we will soon see it depreciate below 1.1200, then continue towards 1.1165.

EUR/USD is finally testing 1.1200 but I, personally, would not open another short before I see a proper breakout below that level.

EUR/USD rebounded from 1.1190. I was really hoping for a proper breakout below 1.1200 but it was clearly not to be.

The EUR/USD move north continues for now, I think we will see it rallying towards 1.1300 once again. The range is clearly not over yet.