BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):

  • EURUSD: 1.1105-1.1120 on the upside, 1.0480-1.0495 on the downside.

  • AUDUSD: 0.7360-0.7375 on the upside, 0.7195-0.7210 on the downside.

  • USDJPY: 124.10-124.25 on the upside, 121.60 -121.75 on the downside.

  • GBPUSD: 1.5275 -1.5290 on the upside, 1.4775-1.4790 on the downside.

  • USDCAD: 1.3420-1.3435 on the upside, 1.3245-1.3260 on the downside.

  • NZDUSD: 0.6720-0.6735 on the upside, 0.6400 - 0.6415 on the downside.

  • EURJPY: 136.05 -136.20 on the upside, 127.15-127.30 on the downside.

  • EURGBP: 0.7335-0.7350 on the upside, 0.6990-0.7005 on the downside.

  • XAUUSD: 1080.00-1090.00 on the upside, 1020.00-1030.00 on the downside.

  • BRENT: 46.50-47.50 on the upside, 40.50 -41.50 on the downside.

  • SP500: 2135.00-2145.00 on the upside, 2015.00-2025.00 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

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Gold struggles to hold above $2,350 following US inflation

Gold struggles to hold above $2,350 following US inflation

Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses. 

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

Majors

Cryptocurrencies

Signatures