Dzhafer Medzhakhed
Chifbaw LLC
BETA – Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.2610 -1.2625 on the upside, 1.2205-1.2220 on the downside.
AUDUSD: 0.8315-0.8330 on the upside, 0.8055-0.8070 on the downside.
USDJPY: 120.15-120.30 on the upside, 114.80-114.95 on the downside.
GBPUSD: 1.5855-1.5870 on the upside, 1.5500-1.5515 on the downside.
USDCAD: 1.1730-1.1745 on the upside, 1.1465-1.1480 on the downside.
NZDUSD: 0.7855-0.7870 on the upside, 0.7635 – 0.7650 on the downside.
EURJPY: 147.20-147.35 on the upside, 144.80-144.95 on the downside.
EURGBP: 0.7975-0.7990 on the upside, 0.7825-0.7840 on the downside.
XAUUSD: 1210.00-1220.00 on the upside, 1160.00-1170.00 on the downside.
BRENT: 63.00-64.00 on the upside, 56.50-57.50 on the downside.
SP500: 2045.00-2055.00 on the upside, 1935.00-1945.00 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 stays below 1.0700 after US data
EUR/USD stays in a consolidation phase below 1.0700 in the early American session on Wednesday. The data from the US showed a strong increase in Durable Goods Orders, supporting the USD and making it difficult for the pair to gain traction.
USD/JPY refreshes 34-year high, attacks 155.00 as intervention risks loom
USD/JPY is renewing a multi-decade high, closing in on 155.00. Traders turn cautious on heightened risks of Japan's FX intervention. Broad US Dollar rebound aids the upside in the major. US Durable Goods data are next on tap.
Gold trades on the back foot, manages to hold above $2,300
Gold struggles to stage a rebound midweek following Monday's sharp decline but manages to hold above $2,300. The benchmark 10-year US Treasury bond yield stays in the green above 4.6% after US data, not allowing the pair to reverse its direction.
Worldcoin looks set for comeback despite Nvidia’s 22% crash Premium
Worldcoin price is in a better position than last week's and shows signs of a potential comeback. This development occurs amid the sharp decline in the valuation of the popular GPU manufacturer Nvidia.
Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium
While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration.