BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):

  • EURUSD: 1.0735 -1.0750 on the upside, 1.0405-1.0420 on the downside.

  • AUDUSD: 0.7745-0.7760 on the upside, 0.7535- 0.7550 on the downside.

  • USDJPY: 121.90-122.05 on the upside, 119.75-119.90 on the downside.

  • GBPUSD: 1.4970-1.4985 on the upside, 1.4650-1.4665 on the downside.

  • USDCAD: 1.2855-1.2870 on the upside, 1.2555-1.2570 on the downside.

  • NZDUSD: 0.7480-0.7495 on the upside, 0.7135 - 0.7150 on the downside.

  • EURJPY: 130.00-130.15 on the upside, 125.90-126.05 on the downside.

  • EURGBP: 0.7200.7215 on the upside, 0.6995-0.7010 on the downside.

  • XAUUSD: 1170.00-1180.00 on the upside, 1120.00-1130.0 on the downside.

  • BRENT: 60.50-61.50 on the upside, 51.00-52.000 on the downside.

  • SP500: 2080.00-2090.00 on the upside, 2015.00-2025.00 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.

Probabilities

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USD/JPY recovers 156.00 after testing 155.50 on likely Japanese intervention

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Gold tests critical daily support line, will it defend?

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Gold price is seeing a negative start to a new week on Monday, having booked a weekly loss. Gold price bears the brunt of resurgent US Dollar (USD) demand and a risk-on market mood amid Japanese holiday-thinned market conditions.

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