Dzhafer Medzhakhed
Chifbaw LLC
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.
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EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
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