Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
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EURUSD: 1.1470-1.1485 on the upside, 1.1250-1.1265 on the downside.
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AUDUSD: 0.7755-0.7770 on the upside, 0.7515-0.7530 on the downside.
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USDJPY: 110.45-110.60 on the upside, 106.95 -107.10 on the downside.
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GBPUSD: 1.4330-1.4345 on the upside, 1.4085-1.4100 on the downside.
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USDCAD: 1.3050-1.3065 the upside, 1.2630-1.2645 on the downside.
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NZDUSD: 0.6980-0.6995 on the upside, 0.6720 - 0.6735 on the downside.
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EURJPY: 124.30 -124.45 on the upside, 122.40 -122.55 on the downside.
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EURGBP: 0.8080-0.8095 on the upside, 0.7865-0.7880 on the downside.
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XAUUSD: 1275.00-1285.00 on the upside, 1205.00-1215.00 on the downside.
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BRENT: 47.00-48.00 on the upside, 36.50-37.50 on the downside.
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SP500: 2095.00-2105.00 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.
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Editors’ Picks
EUR/USD holds above 1.0600 as focus shifts to Powell speech
EUR/USD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day.
GBP/USD stays near 1.2450 after UK employment data
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Gold retreats to $2,370 as US yields push higher
Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.
XRP struggles below $0.50 resistance as SEC vs. Ripple lawsuit likely to enter final pretrial conference
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Canada CPI Preview: Inflation expected to accelerate in March, snapping two-month downtrend
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