BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):

  • EURUSD: 1.1080 -1.1095 on the upside, 1.0720-1.0735 on the downside.

  • AUDUSD: 0.7935-0.7950 on the upside, 0.7660- 0.7675 on the downside.

  • USDJPY: 119.90-120.05 on the upside, 117.85-118.00 on the downside.

  • GBPUSD: 1.4960-1.4975 on the upside, 1.4735-1.4750 on the downside.

  • USDCAD: 1.2730-1.2745 on the upside, 1.2360-1.2375 on the downside.

  • NZDUSD: 0.7675-0.7690 on the upside, 0.7465 - 0.7480 on the downside.

  • EURJPY: 131.40-131.55 on the upside, 128.05-128.40 on the downside.

  • EURGBP: 0.7425-0.7440 on the upside, 0.7225-0.7240 on the downside.

  • XAUUSD: 1215.00-1225.00 on the upside, 1160.00-1170.0 on the downside.

  • BRENT: 61.00-62.00 on the upside, 53.00-54.00 on the downside.

  • SP500: 2085.00-2095.00 on the upside, 2010.00-2020.00 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

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Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?

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Gold price is trading close to $2,400 early Friday, reversing from a fresh five-day high reached at $2,418 earlier in the Asian session. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row.

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Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’

Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’

Bitcoin price remains the focus of traders and investors ahead of the halving, which is an important event expected to kick off the next bull market. Amid conflicting forecasts from analysts, an international media site has lauded the halving and what it means for the industry.   

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Israel vs. Iran: Fear of escalation grips risk markets

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Recent reports of an Israeli aerial bombardment targeting a key nuclear facility in central Isfahan have sparked a significant shift out of risk assets and into safe-haven investments. 

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