Michael Boutros

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.

RECENT TWEET



RECENT ARTICLE


Weekly Trading Forecast: Can Markets Hold Steady Through US GDP with Trade Wars Exploding?

There is a hearty round of scheduled event risk due over the coming week from US 1Q GDP to an ECB rate decision, but it will be difficult for the market to keep focus with trade wars constantly escal...

Gold Prices Bounce From Fresh Yearly Lows After Trump Walks Back USD

Gold prices saw fresh yearly lows this week but will a turn in the USD offer some relief in the days ahead. These are the updated targets & invalidation levels that matter.

NZD/USD Technical Outlook: Kiwi Threatens Near-term Price Exhaustion

The New Zealand Dollar is up more than 1.3% over the past 24-hrs after reversing off weekly support. These are the targets & invalidation levels that matter for NZD/USD.

Near-term Setups in USD/JPY and AUD/JPY

Here's an update on a few of the trade setups we’ve been tracking this week. For a complete breakdown of these trades and more, review this week’s Strategy Webinar.

XAU/USD Technical Outlook: Gold Price Breakdown Testing Support

Gold broke below critical support this week with the decline already approaching initial targets. These are the targets & invalidation levels that matter for XAU/USD.

USD/JPY Technical Outlook: Is Yen Relief in Sight?

The Yen has been on the defensive since the start of July with price now approaching the yearly high. These are the targets & invalidation levels that matter for USD/JPY.

Weekly Technical Perspective on the New Zealand Dollar (NZD/USD)

Kiwi is trading just above critical support keeping the broader short at risk near-term. Here are the key price levels that matter on the NZD/USD weekly chart.

Weekly Technical Perspective on the Japanese Yen (USD/JPY)

A breach above a key resistance range has the price breakout eyeing initial resistance targets. Here are the key price levels that matter on the USD/JPY weekly chart

Crude Oil Technical Outlook: Prices Plummet towards Support

Crude oil is down more than 10% after reversing off critical resistance last week. These are the key targets & invalidation levels that matter for the crude price charts.

US Dollar Trade Levels– Majors Carve Clear Monthly Opening-ranges

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: Fed Testimony, China GDP and Earnings Compete with Trade Wars

Markets are still seeking their proper level of balance following the most recent waves of President Trump's critiques and threats. With trade wars still simmering, competition for fundamental charge...

Gold Prices Flirt with Disaster- Key Support in Focus Ahead of Powell

Gold is once again testing critical support ahead of next weeks Fed testimony- it’s make-or-break here. These are the updated targets & invalidation levels that matter.

Foundations of Technical Analysis: Constructing a Trade Setup Part 1

Construction of a trade setup from scratch – a review of our technical approach and examples that illustrate our trading methodology in practice.

GBP/USD Technical Outlook: Sterling, Down but Not Out

The British Pound is trading just above a make-or-break support level into the close of the week. These are the key targets & invalidation levels that matter for GBP/USD.

XAU/USD Technical Outlook: Moment of Truth for Gold Prices

Gold has pared the bulk of the July rally with price trading just above a critical support zone. These are the key targets & invalidation levels that matter for XAU/USD.

Third Quarter Forecasts for Dollar, Euro, Oil, Equities and More

Has the emergence of trade wars fundamentally altered the course for the Dollar and global equities? Have Brexit fears been fully absorbed into the Pound? Can oil extend its rally to three-and-a-half...

Weekly Technical Perspective on the Crude Oil Prices

Crude has turned from up-trend resistance and leaves the broader rally at risk near-term. Here are the key price levels that matter on the Crude Oil weekly chart.

Weekly Technical Perspective on the Euro (EUR/USD)

Euro is challenging the June rebound and will need to hold nearby support to keep the rally viable. Here are the price levels that matter on the EUR/USD weekly chart.

Weekly Technical Perspective on the British Pound (GBP/USD)

BREXIT headlines seem to have shaken the Pound but has the outlook really changed? Here are the key price levels that matter on the GBP/USD weekly chart.

USD/JPY Technical Outlook: Price Rally Approaching Critical Resistance

Price is up nearly 3% off the May lows with the pair now approaching key weekly resistance. Here are the targets & invalidation levels that matter on the USD/JPY charts.


Advertisement