BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):

  • EURUSD: 1.3965 -1.3980 on the upside, 1.3730-1.3745 on the downside.

  • AUDUSD: 0.9405-0.9420 on the upside, 0.9290-0.9305 on the downside.

  • USDJPY: 103.00-103.15 on the upside, 101.15-101.30 on the downside.

  • GBPUSD: 1.6845-1.6860 on the upside, 1.6600-1.6615 on the downside.

  • USDCAD: 1.1040-1.1055 on the upside, 1.0865-1.0880 on the downside.

  • NZDUSD: 0.8695-0.8710 on the upside, 0.8530 – 0.8545 on the downside.

  • EURJPY: 142.75-142.90 on the upside, 139.55-139.70 on the downside.

  • EURGBP: 0.8285-0.8300 on the upside, 0.8170-0.8185 on the downside.

  • XAUUSD: 1345.00-1355.00 on the upside, 1265.00-1275.00 on the downside.

  • BRENT: 111.00-112.00 on the upside, 106.00-107.00 on the downside.

  • SP500: 1870.00-1880.00 on the upside, 1780.00-1790.00 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.

Probabilities Of Momentum

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD jumps above 0.6500 after hot Australian CPI data

AUD/USD jumps above 0.6500 after hot Australian CPI data

AUD/USD extended gains and recaptured 0.6500 in Asian trading, following the release of hotter-than-expected Australian inflation data. The Australian CPI rose 1% in QoQ in Q1 against 0.8% forecast, providing extra legs to the Australian Dollar upside. 

AUD/USD News

USD/JPY hangs near 34-year high at 154.88 as intervention risks loom

USD/JPY hangs near 34-year high at 154.88 as intervention risks loom

USD/JPY is sitting at a multi-decade high of 154.88 reached on Tuesday. Traders refrain from placing fresh bets on the pair as Japan's FX intervention risks loom. Broad US Dollar weakness also caps the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Gold price cautious despite weaker US Dollar and falling US yields

Gold price cautious despite weaker US Dollar and falling US yields

Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following release of weaker-than-expected S&P Global PMIs, fueling speculation about potential Fed rate cuts.

Gold News

Crypto community reacts as BRICS considers launching stablecoin for international trade settlement

Crypto community reacts as BRICS considers launching stablecoin for international trade settlement

BRICS is intensifying efforts to reduce its reliance on the US dollar after plans for its stablecoin effort surfaced online on Tuesday. Most people expect the stablecoin to be backed by gold, considering BRICS nations have been accumulating large holdings of the commodity.

Read more

US versus the Eurozone: Inflation divergence causes monetary desynchronization

US versus the Eurozone: Inflation divergence causes monetary desynchronization

Historically there is a very close correlation between changes in US Treasury yields and German Bund yields. This is relevant at the current juncture, considering that the recent hawkish twist in the tone of the Fed might continue to push US long-term interest rates higher and put upward pressure on bond yields in the Eurozone.

Read more

Majors

Cryptocurrencies

Signatures