Michael Boutros

Euro faltered near the 2016 highs last week with the bulls looking to build on a slip towards support. Battlelines drawn on the EUR/USD short-term technical charts.

USD/CAD surged more than 1% off the yearly low with the recovery now approaching trend resistance. Battlelines drawn on the Canadian Dollar short-term technical charts.

Euro surged 2.3% into the start of the June with the rally exhausting into uptrend resistance this week. Battle lines drawn on the EUR/USD weekly chart ahead of the Fed.

US Dollar is poised to mark a three-day winning streak with USD/CHF rebounding off technical support. Battle lines drawn on the short-term charts into the Fed / SNB.

USD/JPY continues to coil within the May range with price poised for a breakout. Battle lines drawn on the short-term technical charts heading into the Fed.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly open.

A breakout of the monthly range takes gold into uptrend resistance and the first major test for the bulls. Battlelines drawn on the XAU/USD short-term technical charts.

USD/CAD crashed through multi-year trend support with price plunging nearly 3% off the May high- risk for further losses. Battle lines drawn on the weekly technical chart.

Oil prices surged more than 20.9% off the yearly low with the rally now testing pivotal resistance- bulls on notice. A multi-timeframe view of the oil technical charts.

Gold is attempting a second weekly advance but remains vulnerable while below technical resistance. Battle lines drawn on the XAU/USD weekly technical chart.

Japanese Yen is coiled just above multi-year trend support with a breakout looming. struggles at technical resistance. Battle lines drawn on the USD/JPY weekly chart.