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Speaking on Forex TV with Julie Sinha, I’ve reviewed the major events this week and key technical levels in EUR/USD, GBP/USD and AUD/USD, that are all providing lots of action this week. Enjoy!


EUR/USD is struggling with a tough resistance line. A failure to break above it once again could turn into a negative trend, but it’s still to be seen. GBP/USD made a dive after the horrible GDP release, which has shown a squeezing British economy. AUD/USD is still struggling, after weak inflation figures.

The trend in US indicators has improved, but the dollar still doesn’t enjoy this. For example, the superb consumer confidence figure – above 60 points, exceeded expectations big time, but had limited impact on the US dollar across the board. Will this change?