Yohay Elam | TalkMarkets | Page 113
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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USD/JPY Forecast April 29 – May 3 – Dovish BoJ Keeps Yen Subdued
Dollar/yen posted slight losses last week. Japanese events tend not to have a significant effect on the pair, but investors will be keeping a close eye on the FOMC rate statement and nonfarm payrolls.
AUD/USD Forecast April 29 – May 3 – Soft CPI Sinks Aussie
AUD/USD recorded sharp losses last week, dropping 1.5%. The pair broke below the symbolic 0.70 level for the first time in 2019. Traders should keep a close eye on Chinese Caixin Manufacturing PMI and Australian building approvals.
GBP/USD – British Pound April 29 – May 3 – Will BoE Extend The Pound Slide?
The U.S dollar is on a roll, and the momentum could continue this week. Investors were impressed with an excellent initial GDP reading for Q1, and the BoE monetary policy summary could paint a somber economic outlook, especially with Brexit turmoil.
USD/CAD Forecast April 29 – May 3
USD/CAD posted gains for a second successive week, and the pair punched above the 1.35 line for the first time in 2019. This week’s key event is Canadian GDP. Here's an outlook for this week and an updated technical analysis for USD/CAD.
4 Reasons For The Post-GDP USD Fall And Why It Can Make A Comeback
The US economy grew by an annualized rate of 3.2% in Q1 2018 according to the initial release. This is the first time the US economy grew by more than 3% in Q1 since Q1 2013.
EUR/USD Is Oversold, But Fundamentals Remain Negative
EUR/USD hit new 22-month lows at 1.1140, breaking below the previous 2019 low of 1.1176.
EUR/USD: Everything Looks Negative
EUR/USD is trading below the 50, 100, and 200 Simple Moving Average on the four-hour chart. Momentum is to the downside and the Relative Strength Index is leaning lower but holds above-oversold conditions – above 30. The picture is bearish.
GBP/USD Remains Under Immense Pressure, But Is Already Oversold
GBP/USD is trading closer to 1.2900, the lowest since mid-February.
EUR/USD Long Weekend Is Over, And The Falls Resume
EUR/USD is trading around 1.1250, down from an attempt to get closer to 1.1300.
GBP/USD Forecast April 22-26 – Brexit On The Back Burner, But Pound Slips Below 1.30
British numbers were positive last week, but this wasn’t enough to prevent the pound from losing ground last week. The Brexit conundrum has been kicked down the road until October, but uncertainty will likely mean further headwinds for the pound.
AUD/USD Forecast April 22-26 – Weak Economic Outlook Could Spell Trouble For Aussie
It was a mostly uneventful week for AUD/USD. There are just three Australian events this week, but CPI could shake up the lethargic Aussie. Here is an outlook for the highlights of this week and an updated technical analysis for AUD/USD.
USD/CAD Forecast April 22-26 – Canadian Dollar Dips Despite Strong Consumer Data
USD/CAD reversed directions last week, posting gains of 0.50%. This week’s key event is the Bank of Canada rate decision. Here is an outlook for the highlights of this week and an updated technical analysis for USD/CAD.
GBP/USD Pressured At 1.3000, Bounce Or Break?
GBP/USD struggles close to 1.3000 despite upbeat retail sales.
EUR/USD: Hard To Keep It Down
EUR/USD is recovering from the lows and trading around 1.1300 once again.
GBP/USD Surrenders To Downtrend Resistance And Jeremy Corbyn
GBP/USD is down to around 1.3050, hitting the lowest levels in a week. Labour leader Jeremy Corbyn said that there is no agreement on a customs union between the government and the opposition.
GBP/USD Could Rise On An Ok UK Inflation Report
UK inflation has likely risen in March back to the target.
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