Powerful Yen Intervention, Aussie Tests and Goldman Move in

0

On the weekly interview on Forex TV, I spoke with Julie Sinha about the aftermath of the massive yen intervention, the tests for the Aussie’s strength after reaching a two year high, Goldman Sachs’ effect on EUR/USD, the calendar and more. Enjoy:

Note also some technical levels of selected currency pairs, such as the Swissy. USD/CHF is now struggling with parity and this battle isn’t finished. The Swiss rate decision could go both ways – an intervention to weaken the Swissy or a rate hike on the Libor rate at the other end of the scale.

Also note Friday’s busy calendar, also discussed in the video.

Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..

Get the 5 most predictable currency pairs

About Author

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.

Comments are closed.