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

  • EURUSD: 1.3650 -1.3665 on the upside, 1.3515-1.3530 on the downside.

  • AUDUSD: 0.9385-0.9400 on the upside, 0.9275-0.9290 on the downside.

  • USDJPY: 102.35-102.50 on the upside, 101.35-101.50 on the downside.

  • GBPUSD: 1.7155-1.7170 on the upside, 1.7050-1.7065 on the downside.

  • USDCAD: 1.0680-1.0695 on the upside, 1.0570-1.0585 on the downside.

  • NZDUSD: 0.8780-0.8795 on the upside, 0.8665 – 0.8680 on the downside.

  • EURJPY: 139.40-139.55 on the upside, 138.10-138.25 on the downside.

  • EURGBP: 0.7970-0.7985 on the upside, 0.7855-0.7870 on the downside. 

  • XAUUSD: 1325.00-1335.00 on the upside, 1295.00-1305.00 on the downside.

  • BRENT: 111.50-112.50 on the upside, 108.00-109.00 on the downside.

  • SP500: 2005.00-2015.00 on the upside, 1920.00-1930.00 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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Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?

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Bitcoin price remains the focus of traders and investors ahead of the halving, which is an important event expected to kick off the next bull market. Amid conflicting forecasts from analysts, an international media site has lauded the halving and what it means for the industry.   

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Geopolitics once again take centre stage, as UK Retail Sales wither

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Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price.

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