Andrew Chaveriat, a forex technical strategist for BNP Paribas, covers the current situation in EUR/USD. In an interview with Julie Sinha on Forex TV, he marks the next levels for a Euro recovery, the levels that support the pair and the time frames for those events. And there’s lots more: commodities, the correlation between 10 year bond yields and USD/JPY and the situation in GBP/USD. He goes on to cover commodities, the correlation to EUR/USD, AUD/USD and gold. Medium term uptrend was broken, but important technical levels weren’t lost in Aussie, Gold and also the S&P stock index. Oil is likely to move higher in the long term, while there might be pullbacks in the meantime. Chaveriat explains the inverse head and shoulders pattern in Treasury 10 year notes and how this leads dollar/yen. GBP/USD is stuck under a key level in order to run. USD/CHF is stuck under parity – this is both a technical and psychological level. Thanksgiving is just around the corner and the interview closes with the impact of thin trading on currencies. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. 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 Less Shorts Against the Dollar This Week Yohay Elam 12 years Andrew Chaveriat, a forex technical strategist for BNP Paribas, covers the current situation in EUR/USD. In an interview with Julie Sinha on Forex TV, he marks the next levels for a Euro recovery, the levels that support the pair and the time frames for those events. And there's lots more: commodities, the correlation between 10 year bond yields and USD/JPY and the situation in GBP/USD. He goes on to cover commodities, the correlation to EUR/USD, AUD/USD and gold. Medium term uptrend was broken, but important technical levels weren't lost in Aussie, Gold and also the S&P stock index. Oil is… 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.
