Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.0955 -1.0970 on the upside, 1.0495-1.0510 on the downside.
AUDUSD: 0.7935-0.7950 on the upside, 0.7490- 0.7505 on the downside.
USDJPY: 119.60-119.75 on the upside, 117.65-117.80 on the downside.
GBPUSD: 1.5120-1.5135 on the upside, 1.4635-1.4650 on the downside.
USDCAD: 1.2580-1.2595 on the upside, 1.1935-1.1950 on the downside.
NZDUSD: 0.7770-0.7785 on the upside, 0.7455 - 0.7470 on the downside.
EURJPY: 129.75-129.90 on the upside, 125.50-125.65 on the downside.
EURGBP: 0.7255-0.7270 on the upside, 0.7135-0.7150 on the downside.
XAUUSD: 1225.00-1235.00 on the upside, 1155.00-1165.0 on the downside.
BRENT: 66.00-67.00 on the upside, 55.00-56.00 on the downside.
SP500: 2125.00-2135.00 on the upside, 2060.00-2070.00 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
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GBP/USD rises to near 1.2450 despite the bearish sentiment
GBP/USD has been on the rise for the second consecutive day, trading around 1.2450 in Asian trading on Wednesday. However, the pair is still below the pullback resistance at 1.2518, which coincides with the lower boundary of the descending triangle at 1.2510.
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US versus the Eurozone: Inflation divergence causes monetary desynchronization
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