BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.2715 -1.2840 on the upside, 1.2535-1.2550 on the downside.
AUDUSD: 0.8815-0.8830 on the upside, 0.8705- 0.8720 on the downside.
USDJPY: 109.00-109.15 on the upside, 106.05-106.20 on the downside.
GBPUSD: 1.6135-1.6150 on the upside, 1.5915-1.5930 on the downside.
USDCAD: 1.1295-1.1310 on the upside, 1.1160-1.1175 on the downside.
NZDUSD: 0.7990-0.8005 on the upside, 0.7700 – 0.7715 on the downside.
EURJPY: 137.75-137.90 on the upside, 134.20-134.35 on the downside.
EURGBP: 0.7955-0.7970 on the upside, 0.7805-0.7820 on the downside.
XAUUSD: 1260.00-1270.00 on the upside, 1210.00-1220.0 on the downside.
BRENT: 88.50-89.50 on the upside, 82.00-83.00 on the downside.
SP500: 1965.00-1975.00 on the upside, 1870.00-1880.00 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
AUD/USD drops toward 0.6500 after dismal Aussie Retail Sales, mixed China's PMIs
AUD/USD is extending losses toward 0.6500, hit by an unexpected drop in the Australian Retail Sales for March while China's NBS April PMI data came in mixed. Upbeat China's Caixin Manufacturing PMI data failed to lift the Aussie Dollar amid a softer risk tone and the US Dollar rebound.
USD/JPY holds rebound to 157.00 after Monday's suspected intervention-led crash
USD/JPY is trading close to 157.00, staging a solid rebound in the Asian session on Tuesday. The pair reverses a part of heavy losses incurred on Monday after the Japanese Yen rallied hard on probable FX market intervention by Japan's authorities. Poor Japan's jobs and Retail Sales data weigh on the Yen.
Gold prices soften as traders gear up for Fed monetary policy decision
Gold price snaps two days of gains, yet it remains within familiar levels, with traders bracing for the US Fed's monetary policy decision on May 1. The XAU/USD retreats below the daily open and trades at $2,334, down 0.11%, courtesy of an improvement in risk appetite.
BNB price risks a 10% drop as Binance founder and ex-CEO Changpeng Zhao eyes Tuesday sentencing
Binance Coin price is dumping, with the one-day chart showing a defined downtrend. While the broader market continues to bleed, things could get worse for BNB price ahead of Binance executive Changpeng Zhao sentencing on Tuesday, April 30.
FX market still on intervention watch
Asian foreign exchange traders will be particularly attentive to any signs of Japanese intervention on Tuesday, following reports of Tokyo's involvement in the market on Monday. This intervention action propelled the yen upward from its 34-year low of 160 per dollar, setting off shockwaves of volatility.