Home [Video] Euro Weakness, USD/JPY Range, Thanksgiving and More
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[Video] Euro Weakness, USD/JPY Range, Thanksgiving and More

EUR/USD weakness returned quickly after a short break. In the weekly interview on Forex TV, I spoke with Julie Sinha about the Euro’s weakness and technical levels, the range of USD/JPY, this week’s events and more. Enjoy!

In addition to the regular events, we have a holiday in the US this week – Thanksgiving. This means that the calendar is crowded until Wednesday, but empty on Thursday and Friday. If we continue getting so many headlines from Ireland, the market will rock on very thin volume. This endangers technical levels. This could be quite a busy holiday.

The situation in Ireland is far from being resolved- the Irish government trying to survive – both coalition and opposition parties are calling for a snap election. As there’s no holiday on that side of the Atlantic, the influx of headlines is likely to continue.

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Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.