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


USD/CAD Rally to Face Canada GDP- Support at 1.2965

The advance is approaching near-term resistance ahead of key data tomorrow. Here are the updated targets & invalidation levels that matter heading into the release.

GBPJPY at Key Resistance Hurdle Ahead of UK Mortgages- 133.14 Support

The advance has come into significant Fibonacci resistance to start the week. Here are the updated targets & invalidation levels that matter heading into the release.

Webinar: Post-Yellen USD Advance at Risk into Monthly Close / NFP

Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.

Weekly Trading Forecast: A Packed Docket Looks to Keep Markets to the Fire

A late bloom of volatility this past week will be met with a broad range of fundamental fuel spanning from sentiment surveys to August NFPs and Jackson Hole Symposium to G-20 summit.

Gold Prices Heavy on Yellen- Outlook Hinges on NFP

Gold prices are lower this week with the precious metal down 1.34% to trade at 1324 ahead of the New York close on Friday.

USDJPY: US GDP / Yellen Speech to Trigger Consolidation Range-Break

We’re looking for a resolution to the near-term consolidation range heading into the weekly close. Here are the updated targets & invalidation levels that matter.

EURUSD: Waiting for the Dip & Rip- Key Resistance at 1.1400

A slope off the Brexit lows remains in focus & highlights near-term resistance at today’s high. Here are the updated targets & invalidation levels that matter.

Near-term Setups in AUDUSD, NZDUSD & USDOLLAR

Trading highlighted intraday setups in AUDUSD, NZDUSD & USDOLLAR. Here are the updated targets and invalidation levels that matter.

Webinar: Sterling Crosses On the Offensive- Yellen to Steer the Dollar

Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.

Weekly Trading Forecast: What Currencies Face Volatility Amid Low Volatility Global Markets

Extremely thin trading for the capital markets is sidelining FX trends as well. Volatility in the majors continues to outpace its financial peers, but can Janet Yellen's remarks at the Jackson Hole S...

Gold Prices Primed for Volatility- All Eyes on Jackson Hole

Gold prices were relatively flat this week with the precious metal up just 0.57% to trade at 1343 ahead of the New York close on Friday.

USD/CAD in Free Fall: 9-Days Down Ahead of Canada CPI, Retail Sales

USDCAD is approaching initial Fibonacci support heading into key economic data tomorrow. Here are the updated targets & invalidation levels that matter into the releases.

AUD/JPY into Fresh Monthly Lows Ahead of AU Employment

AUDJPY continues to trade within a bearish formation ahead of Aussie jobs data tonight. Here are the updated targets & invalidation levels that matter into the releases.

GBP/USD Rebound Looks to UK Jobs for Fuel- 1.31 Barrier in View

Cable is approaching slope resistance ahead of key economic data over the next 48hrs. Here are the updated targets & invalidation levels that matter into the releases.

NZD/USD Advance Eyes Key Hurdle at 7300 Ahead of Labor Report

The Kiwi rally is vulnerable heading into New Zealand employment data tonight. Here are the updated targets & invalidation levels that matter into the release.

EUR/USD: Respect this Slope Ahead of Upcoming Data- SSI Points Higher

EURUSD continues to respect a near-term slope, keeping the focus higher ahead of US Data. Here are the updated targets & invalidation levels that matter into the release.

Webinar: USD Crosses in Focus- Levels to Know Ahead of CPI

Webinar highlighting featured setups we’re tracking on SB Trade Desk. Here are the updated targets & invalidation levels that matter this week.

Weekly Trading Forecast: What Currencies Face Volatility Amid Low Volatility Global Markets

Activity in equities and other asset classes have ground to a halt recently. The FX market is not immune, but it has maintained a volatility advantage over its brethren. Which currencies and events c...

Gold Prices in Holding Pattern- Fed, Inflation Outlook in Focus

Gold prices ended the week fractionally higher with the precious metal advancing just 0.1% to trade at 1337 ahead of the New York close on Friday.

USD/JPY Range at Risk as Retail FX Sentiment Comes Off Extremes

USDJPY continues to respect a near-term slope, keeping the focus higher ahead of US Data. Here are the updated targets & invalidation levels that matter into the release.


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