Australian Dollar Forecast: Aussie Breakout Shows Signs of Exhaustion 2021-02-23 18:30:00 Michael Boutros, Strategist
Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels
Australian Dollar technical trade level update - Weekly Chart
AUD/USD breakout probes three-year highs as momentum signals overbought
Aussie outlook remains constructive above 7563– key resistance into 8100 Advertisement
The Australian Dollar surged more than 4.9% against the US Dollar off the January lows with the rally stretching to fresh multi-year highs this week. While the broader outlook remains constructive on the heels of the recent breakout, the immediate advance may be vulnerable heading into the March open. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the month. Review my latest Weekly Strategy Webinar for an i
Gold plunged more than 2.7% this week with the sell-off now eyeing key support zone near the November lows. These are the levels that matter on the XAU/USD weekly chart.
Sterling Outlook: GBP/USD Breakout Extends to First Resistance Hurdle dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
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.
Japanese Yen Outlook: USD/JPY Breakout- Bulls Drive For Seventh Day 2021-02-04 17:30:00 Michael Boutros, Strategist
Japanese Yen Technical Price Outlook: USD/JPY Weekly Trade Levels
Japanese Yen technical trade levels update – Weekly Chart
USD/JPY breakout extends into February open
Constructive while above 104.18 – Initial resistance objectives in view at 106 Advertisement
The Japanese Yen is off more than 0.7% against the US Dollar this week with a breakout in USD/JPY fueling a rally of more than 2.8% off the January lows. The advance is poised to mark a seventh consecutive day and while the broader focus remains tilted to the topside, the advance may be vulnerable in the weeks ahead as price approaches technical resistance just higher. These are the updated targets and invalidation levels that matter on the USD/JPY weekly price chart heading into NFPs tomorrow. Review my latest We