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Video – EUR/USD, GBP/USD, AUD/USD and Key Events

Yohay Elam
Updated:

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?

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.

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