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

  • EURUSD: 1.3670 -1.3685 on the upside, 1.3545-1.3560 on the downside.

  • AUDUSD: 0.9420-0.9435 on the upside, 0.9285-0.9300 on the downside.

  • USDJPY: 101.90-102.05 on the upside, 100.65-100.80 on the downside.

  • GBPUSD: 1.7175-1.7190 on the upside, 1.7035-1.7050 on the downside.

  • USDCAD: 1.0705-1.0720 on the upside, 1.0615-1.0630 on the downside.

  • NZDUSD: 0.88450-0.8860 on the upside, 0.8715 – 0.8730 on the downside.

  • EURJPY: 138.60-138.75 on the upside, 137.40-137.55 on the downside.

  • EURGBP: 0.7995-0.8010 on the upside, 0.7860-0.7875 on the downside.

  • XAUUSD: 1355.00-1365.00 on the upside, 1305.00-1315.00 on the downside.

  • BRENT: 110.50-111.50 on the upside, 106.00-107.00 on the downside.

  • SP500: 1985.00-1995.00 on the upside, 1930.00-1940.00 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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GBP/USD recovers toward 1.2450 after UK Retail Sales data

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Gold price defends gains below $2,400 as geopolitical risks linger

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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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