BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.0955 -1.0970 on the upside, 1.0640-1.0655 on the downside.
AUDUSD: 0.7875-0.7890 on the upside, 0.7505- 0.7520 on the downside.
USDJPY: 120.75-120.90 on the upside, 118.30-118.45 on the downside.
GBPUSD: 1.4960-1.4975 on the upside, 1.4665-1.4680 on the downside.
USDCAD: 1.2865-1.2880 on the upside, 1.2415-1.2430 on the downside.
NZDUSD: 0.7635-0.7650 on the upside, 0.7375 - 0.7390 on the downside.
EURJPY: 130.60-130.75 on the upside, 128.00-128.15 on the downside.
EURGBP: 0.7360.7375 on the upside, 0.7200-0.7215 on the downside.
XAUUSD: 1210.00-1220.00 on the upside, 1155.00-1165.0 on the downside.
BRENT: 60.00-61.00 on the upside, 51.00-52.00 on the downside.
SP500: 2105.00-2115.00 on the upside, 2030.00-2040.00 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
AUD/USD: Extra gains in the pipeline above 0.6520
AUD/USD partially reversed Tuesday’s strong pullback and regained the 0.6500 barrier and beyond in response to the sharp post-FOMC pullback in the Greenback on Wednesday.
EUR/USD jitters post-Fed with NFP Friday over the horizon
EUR/USD cycled familiar territory on Wednesday after the US Federal Reserve held rates as many investors had expected. However, market participants were hoping for further signs of impending rate cuts from the US central bank.
Gold prices skyrocketed as Powell’s words boosted the yellow metal
Gold prices rallied sharply above the $2,300 milestone on Wednesday after the Federal Reserve kept rates unchanged while announcing that it would diminish the pace of the balance sheet reduction.
Ethereum plunges outside key range briefly as US Dollar Index gains strength
Institutional whales appear to be dumping Ethereum after recent dip. Fed’s decision to leave rates unchanged appears to have helped ETH's price recover slightly. SEC Chair Gensler has misled Congress, considering recent revelations from Consensys suit, says Congressman McHenry.
The FOMC whipsaw and more Yen intervention in focus
Market participants clung to every word uttered by Chair Powell as risk assets whipped around in a frenetic fashion during the afternoon US trading session.