Euro Forecast: EUR/USD Surges Towards Resistance- Bulls Eye 1.20
2021-04-14 20:00:00
Michael Boutros,
Strategist
Euro Technical Price Outlook: EUR/USD Weekly Trade Levels
Euro updated technical trade levels & sentiment – Weekly Chart
EUR/USD rally approaching confluent technical resistance- bulls vulnerable
Key resistance / broader bearish invalidation 1.2103 – Weekly support at 1.1760
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Euro is up more than 0.7% against the US Dollar this week as EUR/USD attempts to build on the April-open rally. An advance of more than 2.4% off the yearly low now eyes key weekly resistance objectives just higher and we’re looking for possible price inflection into this region in the days ahead. These are the updated targets and invalidation levels that matter on the EUR/USD weekly price chart. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Euro technical setup and more.
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
Euro Forecast: EUR/USD Recovery Puts Monthly-Open Hurdle in Focus
2021-02-09 20:00:00
Michael Boutros,
Strategist
Euro Technical Price Outlook: EUR/USD Weekly Trade Levels
Euro updated technical trade levels & sentiment – Weekly Chart
EUR/USD breakdown rebounds off Fibonacci support- bear market recovery or reversal?
Risk for deeper setback while below the 1.22-handle – Key daily support at 1.1835
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Euro surged more than 1.3% off last week’s lows against the US Dollar after rebounding off Fibonacci support on an outside-day reversal on Friday. The immediate focus is on a reaction at key resistance just higher for guidance with the recovery vulnerable into the yearly high-close. These are the updated targets and invalidation levels that matter on the EUR/USD weekly price chart. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Euro technical setup and more.
Euro Outlook: EUR/USD Plummets Past 1.20- 2021 Breakdown Intensifies 2021-02-04 19:43:00 Michael Boutros, Strategist
Euro Technical Price Outlook: EUR/USD Near-term Trade Levels
Euro updated technical trade levels – Daily & Intraday Charts
EUR/USD breakdown accelerates more than 1.4% lower into February open
Support objectives eyed at 1.1945 & 1.1893 – risk for further losses sub-1.2128 Advertisement
Euro is poised for a fourth consecutive daily decline against the US Dollar with EUR/USD off more than 1.4% this week. A break below the January opening-range lows has fueled leg lower into the start of February with Euro now down more than 3% off the yearly high. The decline is now approaching the first major support objectives and we’re looking for possible price inflection just lower. These are the updated targets and invalidation levels that matter on the EUR/USD technical price cha
Euro Outlook: EUR/USD Rips to 2020 Highs- Bulls Face Trend Resistance 2020-12-17 18:00:00 Michael Boutros, Strategist
Euro Technical Price Outlook: EUR/USD Near-term Trade Levels
Euro updated technical trade levels – Daily & Intraday Charts
EUR/USD breakout testing yearly uptrend resistance- on the lookout for inflection
Topside resistance 1.2336 & 1.2409 – constructive while above 1.2090 Advertisement
Euro surged to fresh yearly highs against the US Dollar post-FOMC with EUR/USD now testing yearly uptrend resistance- looking for infection up here. These are the updated targets and invalidation levels that matter on the EUR/USD technical price charts. Review my latest Strategy Webinar for an in-depth breakdown of this Euro setup and more.