Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1130 -1.1145 on the upside, 1.0885-1.0900 on the downside.
AUDUSD: 0.7555-0.7570 on the upside, 0.7305-0.7320 on the downside.
USDJPY: 123.30-123.45 on the upside, 120.25-120.40 on the downside
GBPUSD: 1.5720-1.5735 on the upside, 1.5290-1.5305 on the downside..
USDCAD: 1.2830-1.2845 on the upside, 1.2525-1.2540 on the downside.
NZDUSD: 0.6765-0.6780 on the upside, 0.6555 - 0.6570 on the downside.
EURJPY: 136.60 -136.75 on the upside, 132.55-132.70 on the downside.
EURGBP: 0.7255-0.7270 on the upside, 0.7005-0.7020 on the downside.
XAUUSD: 1185.00-1195.00 on the upside, 1130.00-1140.0 on the downside.
BRENT: 61.50-62.50 on the upside, 52.00-53.00 on the downside.
SP500: 2095.00-2105.00 on the upside, 2030.00-2040.00 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.
Recommended Content
Editors’ Picks
EUR/USD consolidates recovery below 1.0700 amid upbeat mood
EUR/USD is consolidating its recovery but remains below 1.0700 in early Europe on Thursday. The US Dollar holds its corrective decline amid a stabilizing market mood, despite looming Middle East geopolitical risks. Speeches from ECB and Fed officials remain on tap.
GBP/USD advances toward 1.2500 on weaker US Dollar
GBP/USD is extending recovery gains toward 1.2500 in the European morning on Thursday. The pair stays supported by a sustained US Dollar weakness alongside the US Treasury bond yields. Risk appetite also underpins the higher-yielding currency pair. ahead of mid-tier US data and Fedspeak.
Gold appears a ‘buy-the-dips’ trade on simmering Israel-Iran tensions
Gold price attempts another run to reclaim $2,400 amid looming geopolitical risks. US Dollar pulls back with Treasury yields despite hawkish Fedspeak, as risk appetite returns.
Ripple faces significant correction as former SEC litigator says lawsuit could make it to Supreme Court
Ripple (XRP) price hovers below the key $0.50 level on Thursday after failing at another attempt to break and close above the resistance for the fourth day in a row.
Have we seen the extent of the Fed rate repricing?
Markets have been mostly consolidating recent moves into Thursday. We’ve seen some profit taking on Dollar longs and renewed demand for US equities into the dip. Whether or not this holds up is a completely different story.