Michael Boutros

Currency Strategist

Expertise:
Short term trading and intraday technical levels
Michael Boutros is a Currency Strategist for DailyFX, specializing in intraday trading strategies and analysis. He has had years of experience on FX trade desks and has published currency market research for many different trader websites. He holds degrees in Economics and Philosophy from Rutgers University. With the start of his career rooted on the trade desk, Michael keeps a close eye on actionable trade ideas throughout the trading week.

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RECENT ARTICLE


NZD/USD: Has the Rally Finally Peaked?

Kiwi has responded to technical resistance, highlighting the risk for a near-term corrective pullback. Here are the updated targets & invalidation levels that matter.

Near-term Setups in USD/JPY, USD/CAD & NZD/USD

Here's an update on the setup's I’ll be tracking and levels to know heading into the close of the month.

Strategy Webinar: Monthly Close Setups– Commodities, FX Majors in Focus as USD Struggles

Webinar highlighting featured setups we’re tracking into the close of the month. Here are the updated targets & invalidation levels that matter.

EUR/USD Risks Further Losses as COT Points to Stretched Positioning

Euro remains vulnerable heading into the close of the month as sentiment pulls back from recent extremes. Here are the updated targets & invalidation levels that matter.

NZD/USD Sentiment at Extremes Ahead of RBNZ- Levels to Know

Kiwi retail sentiment is extremely one-sided heading into tonight’s RBNZ interest rate decision. Here are the updated targets & invalidation levels that matter.

Loonie Slides as Crude Dives- USDCAD Recovery Eyes Resistance

A reversal just ahead of key support last week has the recovery now eyeing areas of interest for re-entry. Here are the updated targets & invalidation levels that matter.

USDJPY Moment of Truth: Rally Attempts Breach of Key Slope Resistance

A Sunday gap has USDJPY attempting to breach multi-month slope resistance. Here are the updated targets & invalidation levels that matter heading into the weekly open.

Strategy Webinar: USD Majors in the Fed Aftermath- Yen Crosses in Focus

Webinar highlighting featured setups we’re tracking into the start of the week. Here are the updated targets & invalidation levels that matter.

Weekly Trading Forecast: Searching for Scarce Direction Cues

A slowdown in top-tier economic news flow leaves battered financial markets to reckon with the aftershocks of last week's back-to-back bombshells.

Gold Prices Heavy as FOMC Talks Normalization- Support in View

Gold fell for a second consecutive week taking prices below the monthly opening range lows. Here are the updated targets & invalidation levels that matter post-FOMC.

DailyFX Round Table: Central Bank Wrap-Up, Yen Crosses in Focus

FX Strategists Michael Boutros, James Stanley & Christopher Vecchio discuss the aftermath of this week’s central bank line-up and the outlook for the week ahead.

GBP/JPY- Range Break to Set Directional Bias Ahead of BoE, BoJ

A clear weekly opening range has taken shape just above key support. Here are the updated targets & invalidation levels that matter heading into the BoE & BoJ rate decisions.

Dollar (DXY) Primed Ahead of FOMC: Levels to Know

The index has rebounding off downtrend support with the monthly opening range in focus heading into FOMC. Here are the updated targets & invalidation levels that matter.

USD/CAD Freefalls into Critical Zone

USDCAD broke below the monthly opening range today with the decline now approaching initial support objectives. Here are the updated targets & invalidation levels that matter.

Strategy Webinar: USD Majors in Focus as FOMC Takes Center Stage

Webinar highlighting featured setups we’re tracking into this week’s FOMC interest rate decision. Here are the updated targets & invalidation levels that matter.

Weekly Trading Forecast: Fed Leads Docket Loaded with Event Risk

The FOMC policy announcement leads a loaded docket of top-tier event risk including rate decisions from the BOE, SNB and BOJ as well as New Zealand GDP and Australian jobs data.

Gold Prices Come Full Circle on Comey- All Eyes on FOMC

Gold snapped a three week winning streak with prices reversing back below key slope resistance. Here are the updated targets & invalidation levels that matter into FOMC.

Introduction to Basic Pitchfork / Median-line Analysis

In this series we piece together the anatomy of trade setup. In part two we’ll focus on identifying, constructing and utilizing basic pitchforks and parallels.

Near-term Setups in NZD/USD, EUR/JPY, EUR/USD & AUD/USD

Here's an update on the setup's we've been tracking and levels to know heading into the close of the week.

Kiwi Rally Continues: Bullish Up-Trend Vulnerable Sub-7230

The 5.6% rally in NZD/USD is approaching key resistance with the advance at risk into the weekend. Here are the updated targets & invalidation levels that matter.


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