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

  • EURUSD: 1.3885 -1.3900 on the upside, 1.3740-1.3755 on the downside.

  • AUDUSD: 0.9405-0.9420 on the upside, 0.92900-0.9305 on the downside.

  • USDJPY: 102.75-102.90 on the upside, 101.10-101.25 on the downside.

  • GBPUSD: 1.6885-1.6900 on the upside, 1.6625-1.6640 on the downside.

  • USDCAD: 1.1055-1.1070 on the upside, 1.0855-1.0870 on the downside.

  • NZDUSD: 0.8685-0.8700 on the upside, 0.8550 – 0.8565 on the downside.

  • EURJPY: 142.10-142.25 on the upside, 139.75-139.90 on the downside.

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

  • XAUUSD: 1335.00-1345.00 on the upside, 1270.00-1280.00 on the downside.

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

  • SP500: 1885.00-1895.00 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

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AUD/USD stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

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The Aussie Dollar begins Friday’s Asian session on the right foot against the Greenback after posting gains of 0.33% on Thursday. The AUD/USD advance was sponsored by a United States report showing the economy is growing below estimates while inflation picked up.

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Gold soars as US economic woes and inflation fears grip investors

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Gold prices advanced modestly during Thursday’s North American session, gaining more than 0.5% following the release of crucial economic data from the United States. GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the US Fed could lower borrowing costs.

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FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask

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US FBI has issued a caution to Bitcoiners and cryptocurrency market enthusiasts, coming on the same day as when the US Securities and Exchange Commission is on the receiving end of a lawsuit, with a new player adding to the list of parties calling for the regulator to restrain its hand.

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Bank of Japan expected to keep interest rates on hold after landmark hike

Bank of Japan expected to keep interest rates on hold after landmark hike

The Bank of Japan is set to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April. The BoJ will announce its decision on Friday at around 3:00 GMT.

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