Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.3980 -1.3995 on the upside, 1.3800-1.3815 on the downside.
AUDUSD: 0.9420-0.9435 on the upside, 0.9240-0.9255 on the downside.
USDJPY: 102.40-102.55 on the upside, 101.05-101.20 on the downside.
GBPUSD: 1.7035-1.7050 on the upside, 1.6840-1.6855 on the downside.
USDCAD: 1.0990-1.1005 on the upside, 1.0810-1.0825 on the downside.
NZDUSD: 0.8745-0.8760 on the upside, 0.8555 – 0.8570 on the downside.
EURJPY: 142.05-142.20 on the upside, 141.05-141.20 on the downside.
EURGBP: 0.8245-0.8260 on the upside, 0.8140-0.8155 on the downside.
XAUUSD: 1335.00-1345.00 on the upside, 1250.00-1260.00 on the downside.
BRENT: 109.50-110.50 on the upside, 106.00-107.00 on the downside.
SP500: 1910.00-1920.00 on the upside, 1810.00-1820.00 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 trades above 1.0700 after EU inflation data
EUR/USD regained its traction and climbed above 1.0700 in the European session. Eurostat reported that the annual Core HICP inflation edged lower to 2.7% in April from 2.9% in March. This reading came in above the market expectation of 2.6% and supported the Euro.
GBP/USD recovers to 1.2550 despite US Dollar strength
GBP/USD is recovering losses to trade near 1.2550 in the European session on Tuesday. The pair rebounds despite a cautious risk tone and broad US Dollar strength. The focus now stays on the mid-tier US data amid a data-light UK docket.
Gold price remains depressed near $2,320 amid stronger USD, ahead of US macro data
Gold price (XAU/USD) remains depressed heading into the European session on Tuesday and is currently placed near the lower end of its daily range, just above the $2,320 level.
XRP hovers above $0.51 as Ripple motion to strike new expert materials receives SEC response
Ripple (XRP) trades broadly sideways on Tuesday after closing above $0.51 on Monday as the payment firm’s legal battle against the US Securities and Exchange Commission (SEC) persists.
Mixed earnings for Europe as battle against inflation in UK takes step forward
Corporate updates are dominating this morning after HSBC’s earnings report contained the surprise news that its CEO is stepping down after 5 years in the job. However, HSBC’s share price is rising this morning and is higher by nearly 2%.