Yohay Elam | TalkMarkets | Page 92
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 25-29 – Lack Of UK Fundamentals Could Signal Quiet Week For Pound
GBP/USD showed limited movement last week. The coming week starts with a bank holiday, and there is just one event on the schedule. Here is an outlook for the highlights, and an updated technical analysis for GBP/USD.
EUR/USD Forecast May 25-29 – Investors Await German GDP, Inflation
EUR/USD posted considerable gains last week, as the pair broke above the 1.09 level. The upcoming week has eight events, including German GDP, and German and eurozone inflation. Here is a look at the highlights and a technical analysis for EUR/USD.
USD/JPY Forecast May 25-29 – Investors Brace For Sharp Drop In US GDP
Dollar/yen posted slight gains for a second straight week. Japanese consumer numbers are expected to be soft in the upcoming week. Tokyo Core CPI is projected to drop by 0.2%, while retail sales is expected to slide by 11.2%.
USD/CAD Forecast May 25-29 – GDP Could Send Canadian Dollar South
The Canadian dollar rebounded last week, posting modest gains. USD/CAD closed the week at the 1.40 level. The upcoming week features inflation and retail sales releases. Here's an outlook at the highlights and updated technical analysis for USD/CAD.
AUD/USD Forecast May 25-29 – Aussie Recovers Despite Corona Crunch On Economy
The Aussie rebounded last week, as AUD/USD jumped close to 2 percent. The upcoming week has three events. Here is an outlook at the highlights and an updated technical analysis for AUD/USD.
USD/JPY Forecast May 18-22 - Japan Likely In Recession; Will Yen Slide?
Dollar/yen had an uneventful week, but the pair managed to eke out a small gain for the first time in six weeks. Investors will be keeping an eye on Japan’s GDP for Q1, which is projected to decline by 1.1%. GDP in the fourth quarter fell by 1.6%.
EUR/USD Forecast May 18-22 – Investors Eye European PMIs, Consumer Inflation
EUR/USD had an uneventful week, as the pair stayed close to the 108 level. The upcoming week has five events. Here is an outlook at the highlights and an updated technical analysis for EUR/USD.
GBP/USD Forecast May 18-22 – Decline In GDP Sends Pound Reeling
GBP/USD had a miserable week, falling 2.4 percent. This week features six events, including employment, inflation and retail sales. Here is an outlook for the highlights and an updated technical analysis for GBP/USD.
USD/JPY Forecast May 11-15 – Yen Yawns As U.S. Job Numbers Sink
Investors will be keeping an eye on the BoJ minutes from their last policy meeting, after dollar/yen was almost unchanged last week.
GBP/USD: Betting On Boris After Bailey’s Bailout? UK GDP, US Retail Sales, And Virus Decisions Eyed
The Bank of England has prevented further losses in an otherwise downbeat week. The dollar gains ground amid catastrophic US figures and Sino-American tensions. The fate of the lockdown and several critical data points will determine the next moves.
AUD/USD: Global Gloom Could Overwhelm Even Robust Australian Figures
The Australian dollar benefited from the encouraging coronavirus situation at home and upbeat figures from Australian and China However, worsening Sino-American relations and concerns about the US economy limited further gains.
USD/CAD Forecast May 11-15 – Canadian Dollar Breaks Below 1.40 As Canada, U.S. Post Dismal Job Data
The outlook for the Canadian dollar remains negative, despite last week’s strong performance. Economic conditions remain very weak due to Covid-19 and investors are likely to stick with safe haven assets like the U.S. dollar.
AUD/USD Forecast May 4-11 – Investors Eye RBA Decision, Australian Retail Sales
AUD/USD remained steady for a third successive week. The upcoming week has eight events, including retail sales and the RBA rate decision.
EUR/USD Forecast May 4-8 – Euro Gains Ground, But Dismal PMIs Expected
EUR/USD posted strong gains last week, climbing 1.4 percent. The upcoming week features manufacturing and services PMIs. Here is an outlook at the highlights and an updated technical analysis for EUR/USD.
USD/JPY Forecast May 4-8 – Dollar Faces Test As Disastrous Employment Data Expected
The U.S. dollar has been looked at as a safe haven in the current crisis, but the Japanese yen has managed to hold its own against the greenback. USD/JPY has been steady in recent weeks, and this trend could continue in the upcoming week.
USD/CAD Forecast May 4-8 – Canada Braces For Disastrous Job Data
The outlook for the Canadian dollar remains negative, as economic numbers are reflecting the economic fallout due to COVID-19. The labor market is in terrible shape, and soft employment numbers this week could weigh on the Canadian dollar.
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