Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1080 -1.1095 on the upside, 1.0660-1.0665 on the downside.
AUDUSD: 0.8030-0.8045 on the upside, 0.7450- 0.7465 on the downside.
USDJPY: 120.80-120.95 on the upside, 117.95-118.10 on the downside.
GBPUSD: 1.4980-1.4995 on the upside, 1.4695-1.4710 on the downside.
USDCAD: 1.2850-1.2865 on the upside, 1.2280-1.2295 on the downside.
NZDUSD: 0.7705-0.7720 on the upside, 0.7385 - 0.7400 on the downside.
EURJPY: 131.90-132.05 on the upside, 128.15-128.30 on the downside.
EURGBP: 0.7410-0.7425 on the upside, 0.7220-0.7235 on the downside.
XAUUSD: 1220.00-1230.00 on the upside, 1165.00-1175.0 on the downside.
BRENT: 61.00-62.00 on the upside, 52.00-53.00 on the downside.
SP500: 2110.00-2120.00 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.
Recommended Content
Editors’ Picks
How will US Dollar react to April jobs report? – LIVE
Following the Fed's policy announcements, market focus shifts to the April jobs report from the US. Nonfarm Payrolls are forecast to rise 238K. Investors will also pay close attention to revisions and wage inflation figures.
EUR/USD clings to gains near 1.0750 ahead of US jobs report
EUR/USD clings to modest gains at around 1.0750 after closing the previous two days in positive territory. Investors eagerly await April jobs report from the US, which will include Nonfarm Payrolls and Unemployment Rate readings.
GBP/USD advances to 1.2550, all eyes on US NFP data
The GBP/USD pair trades on a stronger note around 1.2550 amid the softer US Dollar on Friday. Market participants refrain from taking large positions as focus shifts to April Nonfarm Payrolls and ISM Services PMI data from the US.
Gold remains stuck near $2,300 ahead of US NFP
Gold price struggles to gain any meaningful traction and trades in a tight channel near $2,300. The Fed’s less hawkish outlook drags the USD to a multi-week low and lends support to XAU/USD ahead of the key US NFP data.
XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.