Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.3955-1.3970 on the upside, 1.3780-1.3795 on the downside.
AUDUSD: 0.9175-0.9190 on the upside, 0.8940-0.8955 on the downside.
USDJPY: 102.10-102.25 on the upside, 100.90-101.05 on the downside.
GBPUSD: 1.6655-1.6670 on the upside, 1.6505-1.6520 on the downside.
USDCAD: 1.1200-1.1215 on the upside, 1.0895-1.0910 on the downside.
NZDUSD: 0.8675-0.8690 on the upside, 0.8395-0.8410 on the downside.
EURJPY: 142.05-142.20 on the upside, 139.75-139.90 on the downside.
EURGBP: 0.8415-0.8430 on the upside, 0.8265-0.8280 on the downside.
XAUUSD: 1395.00-1405.00 on the upside, 1320.00-1330.00 on the downside.
BRENT: 109.50-110.50 on the upside, 104.50-105.50 on the downside.
SP500: 1890.00-1900.00 on the upside, 1820.00-1830.00 on the downside.
Warning! Propareos levels do not take into account fundamental developments. Their validity is reduced on days when the NFP is released and when Central Banks change their interest rate.
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EUR/USD falls toward 1.0600 on higher expectations of the Fed prolonging higher rates
EUR/USD continues to lose ground for the sixth successive session, trading near 1.0610 during the Asian hours on Tuesday. The elevated US Dollar is exerting pressure on the pair, potentially influenced by the higher US Treasury yields.
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