BETA – Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1410 -1.1425 on the upside, 1.1190-1.1205 on the downside.
AUDUSD: 0.8075-0.8090 on the upside, 0.7605- 0.7620 on the downside.
USDJPY: 118.85-119.00 on the upside, 116.00-116.15 on the downside.
GBPUSD: 1.5255-1.5270 on the upside, 1.4965-1.4980 on the downside.
USDCAD: 1.2770-1.2785 on the upside, 1.2310-1.2325 on the downside.
NZDUSD: 0.7530-0.7545 on the upside, 0.7110 – 0.7125 on the downside.
EURJPY: 134.55-134.70 on the upside, 131.85-132.00 on the downside.
EURGBP: 0.7585-0.7600 on the upside, 0.7380-0.7395 on the downside.
XAUUSD: 1310.00-1320.00 on the upside, 1225.00-1235.0 on the downside.
BRENT: 51.50-52.50 on the upside, 46.00-47.00 on the downside.
SP500: 2055.00-2065.00 on the upside, 1955.00-1965.00 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
AUD/USD remains under pressure above 0.6400
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EUR/USD faces decent contention around 1.0600
The knee-jerk in the Greenback reignited some buying interest in the risk complex and pushed EUR/USD to three-day highs near 1.0680, rapidly leaving behind the recent yearly low around 1.0600.
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Ethereum trades around the $3,000 support following a surge in validator queue
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Markets stabilize after Powell rules out rate hike, but the signs don’t look good
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