BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1270 -1.1285 on the upside, 1.0945-1.0960 on the downside
AUDUSD: 0.7810-0.7825 on the upside, 0.7450-0.7465 on the downside.
USDJPY: 124.00-124.15 on the upside, 121.45-121.60 on the downside
GBPUSD: 1.5840-1.5855 on the upside, 1.5500-1.5515 on the downside..
USDCAD: 1.2745-1.2760 on the upside, 1.2240-1.2255 on the downside.
NZDUSD: 0.6920-0.6935 on the upside, 0.6595 - 0.6610 on the downside.
EURJPY: 137.95 -138.10 on the upside, 135.35-135.50 on the downside.
EURGBP: 0.7150-0.7165 on the upside, 0.6970-0.6985 on the downside.
XAUUSD: 1180.00-1190.00 on the upside, 1140.00-1150.0 on the downside.
BRENT: 63.00-64.00 on the upside, 59.50-60.50 on the downside.
SP500: 2095.00-2105.00 on the upside, 2040.00-2050.00 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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EUR/USD stays near 1.0850 after US housing data
EUR/USD trades in negative territory at around 1.0850 in the early American session on Tuesday. The US Dollar preserves its strength following the upbeat housing data and makes it difficult for the pair to gain traction. The two-day Fed meeting goes underway on Tuesday.
GBP/USD recovers modestly from two-week lows, trades near 1.2700
GBP/USD staged a modest rebound after touching its lowest level in two weeks below 1.2700 on Tuesday. The cautious market mood helps the US Dollar hold its ground and limits the pair's upside as markets gear up for the Fed and the BoE policy meetings.
Gold stays in daily range near $2,160
Gold fluctuates in a narrow band at around $2,160 for the second consecutive day on Tuesday. Ahead of the Fed's policy announcements, the benchmark 10-year US Treasury bond yield moves sideways near 4.3% and limits's XAU/USD's volatility.
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Shocker, Yen weakens after BoJ hike
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