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, 1.1190-1.1205 on the downside.
AUDUSD: 0.8075-0.8090 on the upside, 0.7605- 0.7620 on the downside.
USDJPY: 118.85-119.00 on the upside, 116.00-116.15 on the downside.
GBPUSD: 1.5255-1.5270 on the upside, 1.4965-1.4980 on the downside.
USDCAD: 1.2770-1.2785 on the upside, 1.2310-1.2325 on the downside.
NZDUSD: 0.7530-0.7545 on the upside, 0.7110 – 0.7125 on the downside.
EURJPY: 134.55-134.70 on the upside, 131.85-132.00 on the downside.
EURGBP: 0.7585-0.7600 on the upside, 0.7380-0.7395 on the downside.
XAUUSD: 1310.00-1320.00 on the upside, 1225.00-1235.0 on the downside.
BRENT: 51.50-52.50 on the upside, 46.00-47.00 on the downside.
SP500: 2055.00-2065.00 on the upside, 1955.00-1965.00 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 to 1.0700 after US data
EUR/USD lost its traction and turned negative on the day near 1.0700 in the American session on Tuesday. The data from the US showed that Employment Cost Index rose more than expected in Q1 and provided a boost to the USD.
GBP/USD declines toward 1.2500 on renewed USD strength
GBP/USD turned south and dropped toward 1.2500 in the second half of the day. The US Dollar gathers strength following the strong wage inflation data, forcing the pair to stay on the back foot.
Gold extends daily slide toward $2,300 after US data
Gold stays under bearish pressure and declines toward $2,300 on Tuesday. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.6% after US Employment Cost Index data, weighing on XAU/USD.
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.
Eurozone inflation stable as the outlook on prices gets increasingly muddied
Eurozone headline inflation remains stable at 2.4%. With higher energy prices and improving domestic demand, questions about the direction of inflation become louder.