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

  • EURUSD: 1.3445 -1.3460 on the upside, 1.3325-1.3340 on the downside.

  • AUDUSD: 0.9450-0.9465 on the upside, 0.9215-0.9230 on the downside.

  • USDJPY: 103.35-103.50 on the upside, 101.05-101.20 on the downside.

  • GBPUSD: 1.6990-1.7005 on the upside, 1.6820-1.6835 on the downside.

  • USDCAD: 1.0970-1.0985 on the upside, 1.0750-1.0765 on the downside.

  • NZDUSD: 0.8535-0.8550 on the upside, 0.8440 – 0.8455 on the downside.

  • EURJPY: 138.35-138.50 on the upside, 136.10-136.25 on the downside.

  • EURGBP: 0.7975-0.7990 on the upside, 0.7825-0.7840 on the downside.

  • XAUUSD: 1315.00-1325.00 on the upside, 1270.00-1280.0 on the downside.

  • BRENT: 109.00-110.00 on the upside, 103.00-104.00 on the downside.

  • SP500: 2000.00-2010.00 on the upside, 1940.00-1950.00 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

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

Ethereum ETF issuers not giving up fight, expert says as Grayscale files S3 prospectus

Ethereum ETF issuers not giving up fight, expert says as Grayscale files S3 prospectus

Ethereum exchange-traded funds theme gained steam after the landmark approval of multiple BTC ETFs in January. However, the campaign for approval of this investment alternative continues, with evidence of ongoing back and forth between prospective issuers and the US SEC.

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