Yohay Elam | TalkMarkets | Page 146
Contributor's Links: Forex Crunch
Yohay Elam has been into forex trading for over 5 years, and shares the experience and the knowledge accumulated after taking a short course about forex. Like many forex traders, Elam has earned the significant share of his knowledge the hard way. Macroeconomics, the impact of news on the ...more

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GBP/USD Forecast May 7-11 – Pound Plunge Continues, Will The BOE Stop It?
GBP/USD extends its sharp fall, dipping under the 1.35 level at one point as data continued disappointing. Sterling now faces the Bank of England’s decision, among other events. Here are the key events and an updated technical analysis for GBP/USD.
USD/JPY Will Need A Strong Inflation Report To Conquer 110 – Forecast May 7-11
Dollar/yen made a move on 110 but failed to break to higher ground, ending the busy week almost unchanged. The US inflation report stands out as the ultimate decision maker for the next moves of the pair as geopolitics slide to the back burner.
Forex Weekly Outlook May 7-11 – Did The Dollar Reach Its Peak?
The US Dollar enjoyed another week of significant gains, at times defying news that could have turned it around. The inflation report stands in a week that also features two rate decisions. Here are the highlights for the upcoming week.
USD/CAD Forecast May 7-11 – Can CAD Climb Back Up? Jobs In Focus
Dollar/CAD traded sideways for another week. Is the pair about to resume its rise or is it due for a turnaround? Canada’s jobs report stands out. Here are the highlights and an updated technical analysis for USD/CAD.
Steep Downtrend Channel Weighing On EUR/USD
The EUR/USD is trading around $1.1960, down 0.25% on the day and close to the recent three-month lows.
More Resistance Than Support For The EUR/USD Ahead Of The NFP
EUR/USD pair faces massive resistance with the first notable confluence around $1.1995 which is the meeting point of the Fibonacci 23.6% one-day, the 4h high, the Bolinger Band 1h-middle and the BB 15m-Upper.
EUR/USD Seems Unable To Recover Even After A Relatively Dovish Fed
The EUR/USD is trading below $1.2000 as the dust settles after the Federal Reserve left the interest rate unchanged as expected.
1.36 Will Be A Tough Nut To Crack For GBP/USD
GBP/USD pair may find a more accessible path to the downside. A significant cluster of support awaits at $1.3530.
EUR/USD: Climbing Over $1.2000 Does Not Consist Of A Real Recovery
The EUR/USD is off the lows of $1.1982 seen on Tuesday and has recaptured the round $1.2000 figure. The US Dollar is paring its gains after storming the board on Tuesday.
EUR/USD: 8 Reasons For Staying Short EUR/USD Targeting 1.15
EUR/USD dropped under 1.20 and remains under pressure. Will it continue all the way to 1.15? Bank of America lists 8 reasons to go short.
FOMC Preview: A Warm Up For A Hike Next Time And Maybe Some Trade Worries
The Federal Open Market Committee will make its rate decision on Wednesday, 18:00 GMT. The Fed is not expected to raise rates at this juncture, but they still release the usual statement which will be closely watched by markets.
Fresh USD Strength And Underwhelming EZ Data Weigh On EUR/USD
The EUR/USD is trading around $1.2120, slightly lower on the day. US bonds, which did not trade in Asia due to holidays, are moving markets in the wake of the European session.
GBP/USD Forecast Apr. 30-May 4 – PMI Data Awaits
GBP/USD had another downbeat week, falling to the lowest in two months. PMI data stands out in a busy week. Here are the key events and an updated technical analysis for GBP/USD.
EUR/USD Forecast Apr. 30-May 4 – Further Falls To Come?
EUR/USD tumbled down as the US Dollar stormed higher and as Draghi did not provide any ammunition to the bulls. Will it continue? A busy week featuring inflation and GDP data awaits.
USD/CAD Forecast Apr. 30 – May 4: CAD Can Climb On NAFTA
Dollar/CAD consolidated its previous gains as US yields pushed the greenback higher. Here are the highlights and an updated technical analysis for USD/CAD.
Forex Weekly Outlook Apr. 30 – May 4: Can The Dollar Continue Rising?
The US Dollar extended its gains as bond yields moved higher. Can this continue? A packed week features the all-important Fed decision and Non-Farm Payrolls. Here are the highlights for the upcoming week.
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