Home [Video] Trichet No Hero, Technical Levels, Key Events and
Opinions

[Video] Trichet No Hero, Technical Levels, Key Events and

The Euro bears are getting ready again, as Jean-Claude Trichet was only a hero for one day. In the weekly interview on Forex TV, I spoke with Julie Sinha about technical levels of EUR/USD, GBP/USD, USD/JPY and AUD/USD, as well as key events that will shape trading this week. Enjoy!
The ECB revealed the amount of bonds that it bought last week and the result was still small – less than 2 billion euros. And as usual, everything is sterilized, meaning that the actions are limited.

A bailout for Portugal, the next domino in the Euro-zone has increased chances now. If the ECB cannot calm the market, hard European cash, via the EU / IMF fund will be needed.

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

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.