Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.2870 -1.2885 on the upside, 1.2605-1.2620 on the downside.
AUDUSD: 0.8815-0.8830 on the upside, 0.8705- 0.8720 on the downside.
USDJPY: 107.45-107.60 on the upside, 106.05-106.20 on the downside.
GBPUSD: 1.6265-1.6280 on the upside, 1.5965-1.5980 on the downside.
USDCAD: 1.1325-1.1340 on the upside, 1.1140-1.1155 on the downside.
NZDUSD: 0.8030-0.8045 on the upside, 0.7910 – 0.7925 on the downside.
EURJPY: 137.45-137.60 on the upside, 135.00-135.15 on the downside.
EURGBP: 0.7955-0.7970 on the upside, 0.7805-0.7820 on the downside.
XAUUSD: 1255.00-1265.00 on the upside, 1210.00-1220.0 on the downside.
BRENT: 89.00-90.00 on the upside, 81.00-82.00 on the downside.
SP500: 1995.00-2005.00 on the upside, 1845.00-1855.00 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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GBP/USD loses its bullish momentum and retreats below 1.3250 after touching its highest level since March 2022 above 1.3300 with the immediate reaction to the BoE's decision to leave the policy rate unchanged at 5%. In the US, weekly Jobless Claims declined to 219K.
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