BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1145-1.1160 on the upside, 1.0860-1.0875 on the downside.
AUDUSD: 0.7320-0.7335 on the upside, 0.7040-0.7055 on the downside.
USDJPY: 114.50-114.65 on the upside, 111.15 -111.30 on the downside.
GBPUSD: 1.4480-1.4095 on the upside, 1.3730-1.3745 on the downside.
USDCAD: 1.3780-1.3795 the upside, 1.3420-1.3435 on the downside.
NZDUSD: 0.6810-0.6825 on the upside, 0.6400 - 0.6415 on the downside.
EURJPY: 125.60 -125.75 on the upside, 122.35 -122.50 on the downside.
EURGBP: 0.7940-0.7955 on the upside, 0.7740-0.7755 on the downside.
XAUUSD: 1255.00-1265.00 on the upside, 1195.00-1205.00 on the downside.
BRENT: 37.50-38.50 on the upside, 30.50-31.50 on the downside.
SP500: 1985.00-1995.00 on the upside, 1870.00-1880.00 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 flirts with 1.0700 post-US PMIs
EUR/USD maintains its daily gains and climbs to fresh highs near the 1.0700 mark against the backdrop of the resumption of the selling pressure in the Greenback, in the wake of weaker-than-expected flash US PMIs for the month of April.
GBP/USD surpasses 1.2400 on further Dollar selling
Persistent bearish tone in the US Dollar lends support to the broad risk complex and bolsters the recovery in GBP/USD, which manages well to rise to fresh highs north of 1.2400 the figure post-US PMIs.
Gold trims losses on disappointing US PMIs
Gold (XAU/USD) reclaims part of the ground lost and pares initial losses on the back of further weakness in the Greenback following disheartening US PMIs prints.
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Germany’s economic come back
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