News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Short Euro Against the Highs- Scalps in Play Sub 1.30

Short Euro Against the Highs- Scalps in Play Sub 1.30

Michael Boutros, Strategist

EURUSD- Holding a short off 1.3084 targeting 1.3050 (1.3015 Extended target) on the heels of today’s FOMC rate decision where the Fed pledged $85B in monthly asset purchases once operation twists ends at the close of this month. All targets are highlighted in yesterday’s Scalp Report. Staying very nimble as we head into Asia Pac trade with stops brought down to break even as soon as initial targets come into view.

For updates on this setup and more follow me on Twitter @MBForex

---written by Michael Boutros, Currency Strategist with DailyFX.

Review today's Scalp Webinar for further insights and trade setups

Join Michael on Thursday morning for a Live Scalping Webinar on DailyFX Plus (Exclusive for Live Clients) at 1330 GMT (8:30ET)

To contact Michael email or Click Here to be added to his email distribution list

Introduction to Scalping Strategies Webinar

Beginner Fibonacci Expo Presentation

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.