Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1410-1.1425 on the upside, 1.1015-1.1030 on the downside.
AUDUSD: 0.7195-0.7210 on the upside, 0.6925-0.6940 on the downside.
USDJPY: 117.25-117.40 on the upside, 113.30-113.45 on the downside.
GBPUSD: 1.4565-1.4580 on the upside, 1.4330-1.4345 on the downside.
USDCAD: 1.4050-1.4065 the upside, 1.3715-1.3730 on the downside.
NZDUSD: 0.6770-0.6785 on the upside, 0.6500 - 0.6515 on the downside.
EURJPY: 132.70 -132.85 on the upside, 127.20 -127.35 on the downside.
EURGBP: 0.7910-0.7925 on the upside, 0.7515-0.7530 on the downside.
XAUUSD: 1225.00-1235.00 on the upside, 1110.00-1120.00 on the downside.
BRENT: 36.00-37.00 on the upside, 28.50-29.50 on the downside.
SP500: 1970.00-1980.00 on the upside, 1775.00-1785.00 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 extends gains above 1.0700, focus on key US data
EUR/USD meets fresh demand and rises toward 1.0750 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
USD/JPY keeps pushing higher, eyes 156.00 ahead of US GDP data
USD/JPY keeps breaking into its highest chart territory since June of 1990 early Thursday, recapturing 155.50 for the first time in 34 years as the Japanese Yen remains vulnerable, despite looming intervention risks. The focus shifts to Thursday's US GDP report and the BoJ decision on Friday.
Gold closes below key $2,318 support, US GDP holds the key
Gold price is breathing a sigh of relief early Thursday after testing offers near $2,315 once again. Broad risk-aversion seems to be helping Gold find a floor, as traders refrain from placing any fresh directional bets on the bright metal ahead of the preliminary reading of the US first-quarter GDP due later on Thursday.
Injective price weakness persists despite over 5.9 million INJ tokens burned
Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price.
US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4
The United States Gross Domestic Product (GDP) is seen expanding at an annualized rate of 2.5% in Q1. The current resilience of the US economy bolsters the case for a soft landing.