BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.3460 -1.3475 on the upside, 1.3330-1.3345 on the downside.
AUDUSD: 0.9350-0.9365 on the upside, 0.9245-0.9260 on the downside.
USDJPY: 103.15-103.30 on the upside, 101.85-102.00 on the downside.
GBPUSD: 1.6935-1.6950 on the upside, 1.6750-1.6765 on the downside.
USDCAD: 1.0950-1.0965 on the upside, 1.0735-1.0750 on the downside.
NZDUSD: 0.8535-0.8550 on the upside, 0.8420 – 0.8435 on the downside.
EURJPY: 138.00-138.15 on the upside, 136.55-136.70 on the downside.
EURGBP: 0.8020-0.8035 on the upside, 0.7850-0.7865 on the downside.
XAUUSD: 1305.00-1315.00 on the upside, 1265.00-1275.0 on the downside.
BRENT: 107.00-108.00 on the upside, 103.00-104.00 on the downside.
SP500: 2010.00-2020.00 on the upside, 1860.00-1870.00 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.
Recommended Content
Editors’ Picks
EUR/USD clings to modest gains above 1.0650 ahead of US data
EUR/USD trades modestly higher on the day above 1.0650 in the early American session on Tuesday. The upbeat PMI reports from the Eurozone and Germany support the Euro as market focus shift to US PMI data.
GBP/USD extends rebound, tests 1.2400
GBP/USD preserves its recovery momentum and trades near 1.2400 in the second half of the day on Tuesday. The data from the UK showed that the private sector continued to grow at an accelerating pace in April, helping Pound Sterling gather strength against its rivals.
Gold flirts with $2,300 amid receding safe-haven demand
Gold (XAU/USD) remains under heavy selling pressure for the second straight day on Tuesday and languishes near its lowest level in over two weeks, around the $2,300 mark in the European session. Eyes on US PMI data.
Here’s why Ondo price hit new ATH amid bearish market outlook Premium
Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.
Germany’s economic come back
Germany is the sick man of Europe no more. Thanks to its service sector, it now appears that it will exit recession, and the economic future could be bright. The PMI data for April surprised on the upside for Germany, led by the service sector.