In the weekly interview on Forex TV, I spoke about the main events facing us this week, the upcoming bailout for Portugal and also discussed three pairs:EUR/USD, GBP/USD and USD/JPY. This includes technical levels and the events that have an impact on them. Enjoy! The pressure is mounting on Portugal to take a bailout. The unconfirmed reports were followed by denials, that were followed by rising yields, that will eventually by followed by a formal aid request and negotiations. This is our lesson from the previous rounds in Greece and Portugal. The problem is with the cost of borrowing money to pay previous debt – it’s just too expensive. Portugal already paid a lot last week, and is facing another bond auction this week. Regarding the pound, there’s a lot of uncertainty, but the general direction doesn’t look too good. 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. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next EUR/USD Jan. 11 – Floating in Range Yohay Elam 11 years In the weekly interview on Forex TV, I spoke about the main events facing us this week, the upcoming bailout for Portugal and also discussed three pairs:EUR/USD, GBP/USD and USD/JPY. This includes technical levels and the events that have an impact on them. Enjoy! The pressure is mounting on Portugal to take a bailout. The unconfirmed reports were followed by denials, that were followed by rising yields, that will eventually by followed by a formal aid request and negotiations. This is our lesson from the previous rounds in Greece and Portugal. The problem is with the cost of borrowing money… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
