Michael Boutros

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British Pound Short-Term Outlook: GBP/USD Bulls Halted at Resistance

The British Pound bulls halted at resistance last week with the December opening-range now taking shape. Battle-lines drawn on the GBP/USD short-term technical charts.

Gold nuggets

Gold Price Forecast: XAU/USD Moment of Truth at Trend Support

Gold prices snapped a four-week winning streak with XAU/USD now testing multi-month uptrend support. Battle lines drawn on the weekly technical chart.

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August 4, 2023 11:47 AM

Canadian Dollar Technical Forecast: USD/CAD Bulls Eye Resistance

Canadian Dollar is on the defensive for a third week with USD/CAD rallying nearly 2% off the yearly low. The levels that matter on the weekly technical chart.

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Australian Dollar Short-term Outlook: AUD/USD Plunges Back Down Under

Australian Dollar plunged back below the 2023 yearly open this week with AUD/USD now searching support. The levels that matter on the Aussie short-term technical charts.

Gold nuggets

Gold Short-term Price Outlook: XAU/USD Breakout Setup- FOMC on Tap

Gold has carved a well-defined monthly opening-range just above support- breakout imminent. The levels that matter on the XAU/USD short-term technical charts into FOMC.

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June 14, 2023 11:51 AM
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Japanese Yen Short-Term Outlook: USD/JPY Eyes Breakout on FOMC / BoJ

Japanese Yen is coiling just below uptrend resistance with the FOMC & BoJ rate decisions on tap. The levels that matter on the short-term USD/JPY technical charts.

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June 13, 2023 10:25 AM
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FOMC, USD Majors, Gold, S&P 500 & Nasdaq Weekly Technical Outlook

Sr. Technical Strategist Michael Boutros highlights setups he's tracking into the FOMC this week. The targets & invalidation levels that matter on the technical charts.

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Japanese Yen Technical Forecast: USD/JPY Bulls Lying in Wait

USD/JPY has carved the June opening-range just below resistance- the battle lines drawn ahead of the FOMC. Levels that matter on the Japanese Yen weekly technical chart.

Canadian Dollar Short-term Outlook: USD/CAD Plunge Halted at Support

USD/CAD plunged back into critical support this week price- bears on notice ahead of Canada employment / FOMC. The levels that matter on the short-term technical charts.

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Australian Dollar Forecast: AUD/USD Rips into Make-or-Break Resistance

Australian Dollar rallied more than 3.8% off the yearly low with a two-week advance now testing critical resistance. The levels that matter on the AUD/USD weekly chart.

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British Pound Short-Term Outlook: GBP/USD Coils Above Uptrend Support

British Pound is in consolidation just above multi-month uptrend support– breakout pending. The levels that matter on the GBP/USD short-term technical charts.

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USD Majors, Gold, Oil, S&P 500, Nasdaq & Dow Weekly Technical Outlook

Sr. Technical Strategist Michael Boutros highlights setups he's tracking into the weekly open. The targets & invalidation levels that matter on the technical charts.

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British Pound Technical Forecast: GBP/USD Battle Lines Drawn for June

British Pound rebounded off support this week and the battle lines are drawn heading into June. The levels that matter on the GBP/USD weekly technical chart.

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US Dollar Technical Forecast: USD Bulls Exhaust into Resistance

US Dollar is poised snap a three-week winning streak as DXY responds to technical resistance- risk for exhaustion. The levels that matter on the weekly technical chart.

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June 1, 2023 11:17 AM
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Gold Price Forecast: XAU/USD Bears Face First Major Hurdle

Gold prices are attempting to snap a three-week losing streak after plunging more than 7% off the high. Levels that matter on the XAU/USD weekly chart heading into June.

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May 31, 2023 10:23 AM
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Crude Oil Technical Forecast: WTI Bears Charge into Critical Support

Crude oil plunged 3% into the open as the bears try to break key support for a fifth week- moment of truth. Levels that matter on the WTI weekly technical chart.

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May 30, 2023 11:35 AM
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Euro Short-term Outlook: EUR/USD Yearly-Open Support Pivot in Play

Euro plunged more than 3.4% off the yearly highs with EUR/USD now testing a key support pivot at the yearly open. Levels that matter on the short-term technical charts.

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May 26, 2023 10:57 AM

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US Dollar Short-term Outlook: USD Rips into Make-or-Break Resistance

A three-week rally in the US Dollar takes DXY into multi-month downtrend resistance- battle-lines are drawn. Levels that matter on the short-term technical charts.

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May 25, 2023 11:07 AM
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Australian Dollar Short-term Outlook: AUD/USD Moment of Truth at Support

Australian Dollar plunged into major support at the yearly lows today- moment of truth for the bears. The levels that matter on the AUD/USD short-term technical charts.

Canadian Dollar Technical Forecast: USD/CAD Coil Bound to Break

The Canadian Dollar coil continues to tighten and while the momentum is lacking, the battle-lines are clear. Levels that matter on the USD/CAD weekly technical chart.

EUR/USD, USD/JPY, USD/CAD, Gold & Nasdaq- Weekly Technical Outlook

Sr. Technical Strategist Michael Boutros highlights setups he's tracking into the weekly open. The targets & invalidation levels that matter on the technical charts.

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S&P 500, Nasdaq, Dow Technical Forecast: An Uneven Rally

Nasdaq surged to fresh yearly highs while the S&P 500 and Dow struggle to clear the yearly range. Levels that matter on the SPX500, NDX & DJI weekly technical charts.

Gold nuggets

Gold Short-term Price Outlook: XAU/USD Plunge Searches for Support

Gold plummeted more than 6% off the highs with a break of the May range threatening further losses. The levels that matter on the XAU/USD short-term technical charts.

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May 18, 2023 11:24 AM