
Euro Short-term Outlook: EUR/USD Selloff Nears Critical Yearly Support
Euro has fallen seven of the past nine sessions, with stretched momentum raising the stakes as EUR/USD closes in on a major inflection zone.
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Euro has fallen seven of the past nine sessions, with stretched momentum raising the stakes as EUR/USD closes in on a major inflection zone.

AUD/USD remains under pressure after breaking key trend support, with the latest decline putting the focus on the next major downside pivot.

Sterling has slipped below its 200-day moving average as downside momentum carries GBP/USD toward another major technical support zone.

A 50% surge from the yearly low has transformed Bitcoin’s technical backdrop, with bulls now targeting the next major hurdle at the yearly open.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the DXY, GBP/USD and Bitcoin charts this week.

Bitcoin is surging toward a major technical showdown, with bulls now challenging the barrier that could unlock another powerful leg higher.

Sterling selling has intensified after the September range broke lower, with GBP/USD now confronting a major Fibonacci support zone.

USD/CHF has surged to fresh yearly highs, but stretched momentum is raising the risk of near-term exhaustion as the rally extends.

USD/CAD is testing major resistance at the monthly high, with the fate of the near-term recovery potentially hinging on today’s Fed decision.

Gold is attempting to stabilize near a pivotal technical zone, with the Fed decision poised to provide the catalyst for the next major move.

Aussie has reversed sharply from the September highs, with weakening momentum raising the stakes at support ahead of tomorrow’s Fed decision.

GBP/USD is locked within a tight technical range, with the Fed and BoE decisions poised to provide the catalyst for the next major move.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the Sterling, Swiss Franc and Bitcoin charts ahead of this week's Fed decision.