Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.0680-1.0695 on the upside, 1.0505-1.0520 on the downside
AUDUSD: 0.7315-0.7330 on the upside, 0.7115- 0.7130 on the downside.
USDJPY: 123.60-123.75 on the upside, 121.45-121.60 on the downside.
GBPUSD: 1.5195-1.5210 on the upside, 1.4985-1.5000 on the downside..
USDCAD: 1.3440-1.3455 the upside, 1.3175- 1.3190 on the downside.
NZDUSD: 0.6610-0.6625 on the upside, 0.6395 - 0.6410 on the downside.
EURJPY: 131.60 -131.75 on the upside, 129.00 -129.15 on the downside.
EURGBP: 0.7090-0.7105 on the upside, 0.6915-0.6930 on the downside.
XAUUSD: 1105.00-1115.00 on the upside, 1045.00-1055.00 on the downside.
BRENT: 47.50-48.50 on the upside, 41.00-42.00 on the downside.
SP500: 2115.00-2125.00 on the upside, 2030.00-2040.00 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 clings to daily gains above 1.0650
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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Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
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