BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1480 -1.1495 on the upside, 1.1260-1.1275 on the downside.
AUDUSD: 0.7875-0.7890 on the upside, 0.7690- 0.7705 on the downside.
USDJPY: 119.85-120.00 on the upside, 117.15-117.30 on the downside.
GBPUSD: 1.5550-1.5565 on the upside, 1.5135-1.5150 on the downside.
USDCAD: 1.2750-1.2765 on the upside, 1.2280-1.2295 on the downside.
NZDUSD: 0.7620-0.7635 on the upside, 0.7240 - 0.7255 on the downside.
EURJPY: 137.10-137.25 on the upside, 133.90-134.05 on the downside.
EURGBP: 0.7480-0.7495 on the upside, 0.7335-0.7350 on the downside.
XAUUSD: 1250.00-1260.00 on the upside, 1185.00-1195.0 on the downside.
BRENT: 67.50-68.50 on the upside, 51.00-52.00 on the downside.
SP500: 2120.00-2130.00 on the upside, 2025.00-2035.00 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 eases to near 1.0700 ahead of German inflation data
EUR/USD is paring gains to near 1.0700 in the European session on Monday. The pair stays supported by a softer US Dollar, courtesy of the USD/JPY sell-off and a risk-friendly market environment. Germany's inflation data is next in focus.
USD/JPY recovers after testing 154.50 on likely Japanese intervention
USD/JPY is recovering ground after sliding to 154.50 on what seemed like a Japanese FX intervention. The Yen tumbled in early trades amid news that Japan's PM lost 3 key seats in the by-election. Focus shifts to the US employment data and the Fed decision later this week.
Gold price bulls move to the sidelines as focus shifts to the crucial FOMC policy meeting
Gold price struggles to capitalize on its modest gains registered over the past two trading days and edges lower on the first day of a new week, albeit the downside remains cushioned.
Ripple CTO shares take on ETHgate controversy, XRP holders await SEC opposition brief filing
Ripple loses all gains from the past seven days, trading at $0.50 early on Monday. XRP holders have their eyes peeled for the Securities and Exchange Commission filing of opposition brief to Ripple’s motion to strike expert testimony.
Week ahead: FOMC and jobs data in sight
May kicks off with the Federal Open Market Committee meeting and will be one to watch, scheduled to make the airwaves on Wednesday. It’s pretty much a sealed deal for a no-change decision at this week’s meeting.