Euro Forecast: EUR/USD Surges Towards Resistance- Bulls Eye 1.20
2021-04-14 20:00:00
Michael Boutros,
Strategist
Euro Technical Price Outlook: EUR/USD Weekly Trade Levels
Euro updated technical trade levels & sentiment – Weekly Chart
EUR/USD rally approaching confluent technical resistance- bulls vulnerable
Key resistance / broader bearish invalidation 1.2103 – Weekly support at 1.1760
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Euro is up more than 0.7% against the US Dollar this week as EUR/USD attempts to build on the April-open rally. An advance of more than 2.4% off the yearly low now eyes key weekly resistance objectives just higher and we’re looking for possible price inflection into this region in the days ahead. These are the updated targets and invalidation levels that matter on the EUR/USD weekly price chart. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Euro technical setup and more.
Gold Price Forecast: Gold Drifts Towards Range Extremesâ XAU/USD Levels
2021-04-13 16:45:00
Michael Boutros,
Strategist
Gold Technical Price Outlook: XAU/USD Weekly Trade Levels
Gold priceupdated technical trade levels - Weekly Chart
XAU/USD recovery remains vulnerable sub-1767, Support 1707
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Gold prices are virtually unchanged since the start of the week with the XAU/USD recovery losing steam just ahead of the range highs. The focus is on a key resistance just higher with the recent rebound vulnerable while below August 2020 trendline. These are the updated targets and invalidation levels that matter on the gold weekly charts into the close of the month. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this gold technical setup and more.
Sterling Outlook: GBP/USD April Range Set on Support- Cable Levels 2021-04-12 20:00:00 Michael Boutros, Strategist
Sterling Technical Price Outlook: GBP/USD Trade Levels
Sterling technical trade level update – Daily & Intraday Charts
GBP/USD carves April opening-range just above support– breakout to offer guidance
Key support 1.346/75- near-term bearish invalidation 1.3824. Advertisement
The British Pound is poised to snap a four-day losing streak against the US Dollar with GBP/USD rebounding off key technical support into the weekly open. The recovery may be short lived however as Sterling continues to trade within the confines of a multi-month downtrend. These are the updated targets and invalidation levels that matter on the GBP/USD price charts. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Sterling technical setup and more.
Australian Dollar Forecast: Aussie Support Grind- AUD/USD Breakout Pending 2021-04-12 17:30:00 Michael Boutros, Strategist
Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels
Australian Dollar technical trade level update - Weekly Chart
AUD/USD sell-off plunges into multi-month uptrend support / 2021 range low
Aussie key support into 7563– key resistance steady at 7836 Advertisement
The Australian Dollar plummeted nearly 6% against the US Dollar off the February highs with the decline now testing multi-month channel support. While the broader outlook remains constructive, the rally remains vulnerable here as the April range sets up just above the yearly lows. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the year. Review my latest Weekly Strategy Webinar for the an in-depth breakdown of th
Gold Price Forecast: Gold Recovery on the Ropes- XAU/USD Bears Await dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.