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Scalping with Michael Boutros on DailyFX Plus 5/23

By Michael Boutros, Currency Strategist Thu May 23 13:56:00 GMT 2013

Currency Strategist Michael Boutros offers current setups and reviews the mechanics of scalping in the wake of Bernanke's testimony before congress.

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Forex Trading Support & Resistance

W - Weak | M - Moderate | S - Strong
Symbol Trend Volatility Technical Analysis / Chart
EUR/USD
S1: 12820 m
S2: 12700 s
S3: 12660 m
R3: 13284 m
R2: 13191 m
R1: 13000 s
68%
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USD/JPY
S1: 10127 w
S2: 10000 s
S3: 9888 w
R3: 11066 m
R2: 11000 m
R1: 10296 m
66%
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GBP/USD
S1: 15200 m
S2: 15127 m
S3: 15000 s
R3: 15595 m
R2: 15411 m
R1: 15250 m
73%
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USDOLLAR
S1: 10570 s
S2: 10500 s
S3: 10428 s
R3: 11000 s
R2: 10890 w
R1: 10794 w
98%
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USD/CHF
S1: 9600 m
S2: 9500 m
S3: 9289 m
R3: 9971 s
R2: 9800 m
R1: 9747 m
100%
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AUD/USD
S1: 9788 w
S2: 9750 m
S3: 9581 w
R3: 10175 s
R2: 1000 s
R1: 9968 w
100%
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USD/CAD
S1: 10137 m
S2: 10100 w
S3: 10000 s
R3: 10342 m
R2: 10294 m
R1: 10254 m
93%
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NZD/USD
S1: 8159 m
S2: 8052 m
S3: 8000 s
R3: 8500 s
R2: 8357 m
R1: 8281 w
97%
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View Chart View Chart
EUR/GBP
S1: 8446 m
S2: 8390 s
S3: 8250 s
R3: 8778 m
R2: 8716 s
R1: 8572 m
53%
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View Chart View Chart
EUR/JPY
S1: 13000 m
S2: 12770 m
S3: 12500 m
R3: 13500 m
R2: 13437 m
R1: 13181 m
6%
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View Chart View Chart
GBP/JPY
S1: 15500 m
S2: 15160 m
S3: 15000 m
R3: 16820 m
R2: 16308 s
R1: 16000 s
17%
View OutlookView Outlook
View Chart View Chart
Thu, 23 May 2013 20:18:00 GMT

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