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

  • EURUSD: 1.185 -1.1100 on the upside, 1.0635-1.0650 on the downside

  • AUDUSD: 0.7935-0.7950 on the upside, 0.7705- 0.7720 on the downside.

  • USDJPY: 121.40-121.55 on the upside, 118.65-118.80 on the downside

  • GBPUSD: 1.5120-1.5135 on the upside, 1.4685-1.4700 on the downside..

  • USDCAD: 1.2760-1.2775 on the upside, 1.2370-1.2385 on the downside.

  • NZDUSD: 0.7785-0.7800 on the upside, 0.7215 - 0.7230 on the downside.

  • EURJPY: 132.30-132.45 on the upside, 128.40-128.55 on the downside.

  • EURGBP: 0.7375-0.7390 on the upside, 0.7125-0.7140 on the downside.

  • XAUUSD: 1210.00-1220.00 on the upside, 1145.00-1155.0 on the downside.

  • BRENT: 57.50-58.50 on the upside, 51.50-52.50 on the downside.

  • SP500: 2130.00-2140.00 on the upside, 2040.00-2050.00 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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Editors’ Picks

EUR/USD stays depressed near 1.0650, awaits US data and Fed verdict

EUR/USD stays depressed near 1.0650, awaits US data and Fed verdict

EUR/USD holds lower ground near 1.0650 amid a softer risk tone and broad US Dollar strength on Wednesday. With European markets closed for Labor Day, the pair awaits the US employment data and the Fed policy announcements for the next directional move. 

EUR/USD News

GBP/USD keeps losses below 1.2500 ahead of US data, Fed

GBP/USD keeps losses below 1.2500 ahead of US data, Fed

GBP/USD holds lower ground below 1.2500 early Wednesday. The stronger US Dollar supports the downtick of the pair amid the cautious mood ahead of the top-tier US employment data and the all-important Fed policy announcements. 

GBP/USD News

Gold sellers keep sight on $2,223 and the Fed decision

Gold sellers keep sight on $2,223 and the Fed decision

Gold price is catching a breather early Wednesday, having hit a four-week low at $2,285 on Tuesday. Traders refrain from placing fresh directional bets on Gold price, anticipating the all-important US Federal Reserve interest rate decision due later in the day.

Gold News

Ethereum dips below key level as Hong Kong ETFs underperform

Ethereum dips below key level as Hong Kong ETFs underperform

Ethereum experienced a further decline on Tuesday following a disappointing first-day trading volume for Hong Kong's spot Bitcoin and ETH ETFs. This comes off the back of increased long liquidations and mixed whale activity surrounding the top altcoin.

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ADP Employment Change Preview: US private sector expected to add 179K new jobs in April

ADP Employment Change Preview: US private sector expected to add 179K new jobs in April

The ADP report is expected to show the US private sector added 179K jobs in April. A tight labour market and sticky inflation support the Fed’s tight stance. The US Dollar seems to have entered a consolidative phase.   

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