Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.3915 -1.3930 on the upside, 1.3705-1.3720 on the downside.
AUDUSD: 0.9465-0.9480 on the upside, 0.9320-0.9335 on the downside.
USDJPY: 102.20-102.35 on the upside, 100.35-100.50 on the downside.
GBPUSD: 1.6835-1.6850 on the upside, 1.6495-1.6510 on the downside.
USDCAD: 1.0990-1.1005 on the upside, 1.0815-1.0830 on the downside.
NZDUSD: 0.8780-0.8795 on the upside, 0.8585 – 0.8600 on the downside.
EURJPY: 141.60-141.75 on the upside, 139.90-140.05 on the downside.
EURGBP: 0.8310-0.8325 on the upside, 0.8190-0.8205 on the downside.
XAUUSD: 1330.00-1340.00 on the upside, 1280.00-1290.00 on the downside.
BRENT: 109.00-110.00 on the upside, 104.00-105.00 on the downside.
SP500: 1920.00-1930.00 on the upside, 1800.00-1810.00 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.
Recommended Content
Editors’ Picks
EUR/USD holds above 1.0600 as focus shifts to Powell speech
EUR/USD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day.
GBP/USD stays below 1.2450 after UK employment data
GBP/USD trades marginally lower on the day below 1.2450 in the early European session on Tuesday. The data from the UK showed that the ILO Unemployment Rate in February rose to 4.2% from 4%, weighing on Pound Sterling.
Gold price remains depressed near $2,370 amid bullish USD, lacks follow-through selling
Gold price (XAU/USD) attracts some sellers during the early part of the European session on Tuesday and reverses a major part of the overnight recovery gains from the $2,325-2,324 area, or a multi-day low.
XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference
XRP is struggling with resistance at $0.50 as Ripple and the US Securities and Exchange Commission (SEC) are gearing up for the final pretrial conference on Tuesday at a New York court.
Canada CPI Preview: Inflation expected to accelerate in March, snapping two-month downtrend
The Canadian Consumer Price Index is seen gathering some upside traction in March. The BoC deems risks to the inflation outlook to be balanced. The Canadian Dollar navigates five-month lows against the US Dollar.