Forecasting

EUR/USD continues moving south for now and it is about to test 1.1100. I am not sure whether there will be a breakout this week though.

USD/CAD will probably continue moving north next week and I think we will see a breakout above 1.3200.

GBP/USD is very bearish, I think it will continue depreciating toward 1.2100 and likely break out below that level.

EUR/USD is depreciating back towards 1.1100 as part of the consolidation but there is no breakout in sight.

The fundamentals pushed EUR/USD below 1.1100 finally. It found some support at 1.1025 but it will probably continue depreciating.

EUR/USD formed a very impressive hammer candlestick at 1.1025 on the daily time-frame, it looks like it is time for some correction.

The EUR/USD move north did begin as I thought it would, next target will likely be around 1.1200 again.

As I thought, EUR/USD rallied this week. It is already at 1.1200 and it will likely break out above it and continue towards 1.1300.

EUR/USD pulled back from 1.1250 and it's obvious the range is still in place but I think we will see it rallying again.

The EUR/USD move north continues as I thought, I wouldn't be surprised if it reaches 1.1300.