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

  • EURUSD: 1.2775 -1.2790 on the upside, 1.2510-1.2525 on the downside.

  • AUDUSD: 0.8815-0.8830 on the upside, 0.8620- 0.8635 on the downside.

  • USDJPY: 110.05-110.20 on the upside, 107.30-107.45 on the downside.

  • GBPUSD: 1.6255-1.6270 on the upside, 1.6080-1.60955 on the downside.

  • USDCAD: 1.1270-1.1285 on the upside, 1.1035-1.1050 on the downside.

  • NZDUSD: 0.7935-0.7950 on the upside, 0.7645 – 0.7660 on the downside.

  • EURJPY: 138.50-138.65 on the upside, 136.15-136.30 on the downside.

  • EURGBP: 0.7875-0.7890 on the upside, 0.76905-0.7705 on the downside.

  • XAUUSD: 1225.00-1235.00 on the upside, 1185.00-1195.0 on the downside.

  • BRENT: 98.0-99.00 on the upside, 89.00-90.00 on the downside.

  • SP500: 2005.00-2015.00 on the upside, 1910.00-1920.00 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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USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

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Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

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Sei Price Prediction: SEI is in the zone of interest after a 10% leap

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US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

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The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

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