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DailyFX.com, the free forex news and research website of leading forex trading broker FXCM Inc. (NYSE: FXCM), delivers up-to-the-minute news and analysis of the fundamental and technical influences driving the currency and commodity markets 24 hours a day. With internationally-based analysts publish More

Also With DailyFX (FXCM, Inc.)

Disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before decidin... More

About

  • Education
    • Rutgers University
  • Sectors
    • Forex
  • Licenses
    • Series 3
  • My Sites
  • Michael Boutros is a Technical/Fundamental Strategist specializing in the FX markets. His experience include stints at Gain Capital Group (Forex.com) and MG Financial Group. Currently, Michael is a Currency Strategist with DailyFX.

Disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before decidin... More
Michael Boutros specializes in FX & Intermarket Analysis. Michael has had years of experience on FX trade desks and caters to intra-day and medium-term traders looking for insightful FX analysis.

  1. MBForex
    $NZDUSD http://stks.co/3xy2 Interim Res 7525, 7604- Breach at 7675 invalidates- Break below 7460 eyes 7425, 7370..
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  2. MBForex
    $NZDUSD http://stks.co/3xw6 That Trendline Break Finding Immediate support at the Dec Low 7460.. Break eyes Objecitve at 7370
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  3. MBForex
    $USDJPY http://stks.co/3xvl Daily- Still holding miniscule amount off 79.10- Willing to add at 78.60 or breach above 80.10..
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  4. MBForex
    $EURUSD http://stks.co/3xvS Scalp- Same Deal Here- Waiting on a break of this consolidation pattern.. Trend Still looks heavy
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  5. MBForex
    $EURUSD http://stks.co/3xvE Obejective remains 61.8% Ext @ 12485. Break above 50% Ext @ 12680 Takes us out- 12820 Invalidates..
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  6. MBForex
    $AUDUSD http://stks.co/3xv3 Scalp- Topside losin steam- only Break above channel would alleviate some pressure- Sup 9730, 9690..
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  7. MBForex
    $AUDUSD http://stks.co/3xur Objective remains the Novemeber lows just above 9660.. break above 9840 (100% Ext) invalidates..
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  8. MBForex
    $USDCAD http://stks.co/3wxc Scalp- Interim support 1.0215- Topside res 1.0250..
    View chart
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