Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1075 -1.1090 on the upside, 1.0770-1.0785 on the downside.
AUDUSD: 0.7480-0.7495 on the upside, 0.7160-0.7175 on the downside.
USDJPY: 124.75-124.90 on the upside, 123.20 -123.35 on the downside.
GBPUSD: 1.56755-1.5690 on the upside, 1.5470-1.5485 on the downside.
USDCAD: 1.3315-1.3330 on the upside, 1.2870-1.2885 on the downside.
NZDUSD: 0.6650-0.6675 on the upside, 0.6435 - 0.6450 on the downside.
EURJPY: 136.90 -137.05 on the upside, 134.35-134.50 on the downside.
EURGBP: 0.7070-0.7085 on the upside, 0.6880-0.6895 on the downside.
XAUUSD: 1100.00-1110.00 on the upside, 1060.00-1070.0 on the downside.
BRENT: 53.00-54.00 on the upside, 47.50-48.50 on the downside.
SP500: 2110.00-2120.00 on the upside, 2065.00-2075.00 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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Editors’ Picks
EUR/USD comes under pressure near 1.0630
Further gains in the Greenback encourage sellers to maintain their control over the risk complex, forcing EUR/USD to retreat further and revisit the 1.0630 region as the US session draws to a close.
GBP/USD stays firm amid BoE, Fed commentary and US data
GBP/USD edges lower in the second half of the day and trades at around 1.2450. Better-than-expected Jobless Claims and Philadelphia Fed Manufacturing Index data from the US provides a support to the USD and forces the pair to stay on the back foot.
Gold is closely monitoring geopolitics
Gold trades in positive territory above $2,380 on Thursday. Although the benchmark 10-year US Treasury bond yield holds steady following upbeat US data, XAU/USD continues to stretch higher on growing fears over a deepening conflict in the Middle East.
Ripple faces significant correction as former SEC litigator says lawsuit could make it to Supreme Court
Ripple (XRP) price hovers below the key $0.50 level on Thursday after failing at another attempt to break and close above the resistance for the fourth day in a row.
Have we seen the extent of the Fed rate repricing?
Markets have been mostly consolidating recent moves into Thursday. We’ve seen some profit taking on Dollar longs and renewed demand for US equities into the dip. Whether or not this holds up is a completely different story.