Dzhafer Medzhakhed
Chifbaw LLC
BETA – Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.2565 -1.2580 on the upside, 1.2335-1.2350 on the downside.
AUDUSD: 0.8635-0.8650 on the upside, 0.8455- 0.8470 on the downside.
USDJPY: 118.35-118.50 on the upside, 116.50-116.65 on the downside.
GBPUSD: 1.5835-1.5850 on the upside, 1.5595-1.5610 on the downside.
USDCAD: 1.1315-1.1330 on the upside, 1.1190-1.1205 on the downside.
NZDUSD: 0.7940-0.7955 on the upside, 0.7715 – 0.7730 on the downside.
EURJPY: 147.60-147.75 on the upside, 144.90-145.05 on the downside.
EURGBP: 0.7960-0.7975 on the upside, 0.7755-0.7770 on the downside.
XAUUSD: 1210.00-1220.00 on the upside, 1170.00-1180.0 on the downside.
BRENT: 82.00-83.00 on the upside, 72.50-73.50 on the downside.
SP500: 2095.00-2105.00 on the upside, 2025.00-1235.00 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 consolidates recovery below 1.0700 amid upbeat mood
EUR/USD is consolidating its recovery but remains below 1.0700 in early Europe on Thursday. The US Dollar holds its corrective decline amid a stabilizing market mood, despite looming Middle East geopolitical risks. Speeches from ECB and Fed officials remain on tap.
GBP/USD advances toward 1.2500 on weaker US Dollar
GBP/USD is extending recovery gains toward 1.2500 in the European morning on Thursday. The pair stays supported by a sustained US Dollar weakness alongside the US Treasury bond yields. Risk appetite also underpins the higher-yielding currency pair. ahead of mid-tier US data and Fedspeak.
Gold appears a ‘buy-the-dips’ trade on simmering Israel-Iran tensions
Gold price attempts another run to reclaim $2,400 amid looming geopolitical risks. US Dollar pulls back with Treasury yields despite hawkish Fedspeak, as risk appetite returns. Gold confirmed a symmetrical triangle breakdown on 4H but defends 50-SMA support.
Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets
Manta Network price was not spared from the broader market crash instigated by a weakness in the Bitcoin market. While analysts call a bottoming out in the BTC price, the Web3 modular ecosystem token could suffer further impact.
Investors hunkering down
Amidst a relentless cautionary deluge of commentary from global financial leaders gathered at the International Monetary Fund and World Bank Spring meetings in Washington, investors appear to be taking a hiatus after witnessing significant market movements in recent weeks.