BETA – Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1865 -1.1880 on the upside, 1.1395-1.1410 on the downside.
AUDUSD: 0.8295-0.8310 on the upside, 0.8115-0.8130 on the downside.
USDJPY: 118.50-118.65 on the upside, 115.15-115.30 on the downside.
GBPUSD: 1.5280-1.5295 on the upside, 1.5050-1.5065 on the downside.
USDCAD: 1.2060-1.2075 on the upside, 1.1830-1.1845 on the downside.
NZDUSD: 0.7905-0.7920 on the upside, 0.7655 – 0.7670 on the downside.
EURJPY: 139.20-139.35 on the upside, 133.30-133.45 on the downside.
EURGBP: 0.7755-0.7770 on the upside, 0.7525-0.7540 on the downside.
XAUUSD: 1305.00-1315.00 on the upside, 1200.00-1210.00 on the downside.
BRENT: 52.50-53.50 on the upside, 44.50-45.50 on the downside.
SP500: 2040.00-2050.00 on the upside, 1940.00-1950.00 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 retreats toward 1.0850 on modest USD recovery
EUR/USD stays under modest bearish pressure and trades in negative territory at around 1.0850 after closing modestly lower on Thursday. In the absence of macroeconomic data releases, investors will continue to pay close attention to comments from Federal Reserve officials.
GBP/USD holds above 1.2650 following earlier decline
GBP/USD edges higher after falling to a daily low below 1.2650 in the European session on Friday. The US Dollar holds its ground following the selloff seen after April inflation data and makes it difficult for the pair to extend its rebound. Fed policymakers are scheduled to speak later in the day.
Gold climbs to multi-week highs above $2,400
Gold gathered bullish momentum and touched its highest level in nearly a month above $2,400. Although the benchmark 10-year US yield holds steady at around 4.4%, the cautious market stance supports XAU/USD heading into the weekend.
Chainlink social dominance hits six-month peak as LINK extends gains
Chainlink (LINK) social dominance increased sharply on Friday, exceeding levels seen in the past six months, along with the token’s price rally that started on Wednesday.
Week ahead: Flash PMIs, UK and Japan CPIs in focus – RBNZ to hold rates
After cool US CPI, attention shifts to UK and Japanese inflation. Flash PMIs will be watched too amid signs of a rebound in Europe. Fed to stay in the spotlight as plethora of speakers, minutes on tap.