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Gold Price Forecast: Gold Recovery on the Ropes- XAU/USD Bears Await
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Gold Price Outlook: Gold Recovery at Risk- XAU/USD FOMC Levels
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Euro Forecast: EUR/USD Bears Stall at Support- FOMC to Drive
2021-03-15 16:30:00
Michael Boutros,
Strategist
Euro Technical Price Outlook: EUR/USD Weekly Trade Levels
Euro updated technical trade levels & sentiment – Weekly Chart
EUR/USD sell-off halted at technical support- bears vulnerable into FOMC
Risk for deeper setback while below the 1.21– Key weekly support at 1.1835, 1.1695
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Euro is down nearly 0.25% against the US Dollar into the weekly open with EUR/USD trading just above technical support ahead of this week’s highly anticipated FOMC interest rate decision. Price is precariously positioned here at downtrend support and we’re on the lookout for a breakout in the days ahead to offer further guidance on our near-term directional bias. These are the updated targets and invalidation levels that matter on the EUR/USD weekly price chart heading into the Fed. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Euro technical set
British Pound Technical Forecast: Sterling Rally Fragile into Fed/BoE
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Gold Price Forecast: Gold Plunge Halted at Support- Bulls Face FOMC
2021-03-11 17:07:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD recovery off technical support remains vulnerable while below 1767
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Gold prices are up nearly 1% this week XAU/USD attempting to snap a three-week losing streak after rebounding from technical support. The recovery may be short-lived however with the broader risk still weighted to the downside heading into FOMC next week. These are the updated targets and invalidation levels that matter on the gold weekly charts into the close of the month. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more.