BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):

  • EURUSD: 1.1345 -1.1360 on the upside, 1.0960-1.0975 on the downside.

  • AUDUSD: 0.8035-0.8050 on the upside, 0.7795- 0.7810 on the downside.

  • USDJPY: 122.20-122.35 on the upside, 119.55-119.70 on the downside.

  • GBPUSD: 1.5660-1.5675 on the upside, 1.5345-1.5360 on the downside.

  • USDCAD: 1.2265-1.2280 on the upside, 1.2005-1.2020 on the downside.

  • NZDUSD: 0.7460-0.7475 on the upside, 0.7215 - 0.7230 on the downside.

  • EURJPY: 135.85 -136.00 on the upside, 133.10-133.25 on the downside.

  • EURGBP: 0.7245-0.7260 on the upside, 0.7060-0.7075 on the downside.

  • XAUUSD: 1225.00-1235.00 on the upside, 1175.00-11850.0 on the downside.

  • BRENT: 67.00-68.00 on the upside, 62.00-63.00 on the downside.

  • SP500: 2140.00-2150.00 on the upside, 2085.00-2095.00 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.

Probabilities

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The US Dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.

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