Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1290 -1.1305 on the upside, 1.0800-1.0815 on the downside.
AUDUSD: 0.7965-0.7980 on the upside, 0.7730- 0.7745 on the downside.
USDJPY: 122.30-122.45 on the upside, 119.65-119.80 on the downside.
GBPUSD: 1.5800-1.5815 on the upside, 1.5265-1.5280 on the downside.
USDCAD: 1.2375-1.2390 on the upside, 1.2055-1.2070 on the downside.
NZDUSD: 0.7420-0.7435 on the upside, 0.7220 - 0.7235 on the downside.
EURJPY: 136.25 -136.40 on the upside, 132.45-132.60 on the downside.
EURGBP: 0.7175-0.7190 on the upside, 0.7015-0.7030 on the downside.
XAUUSD: 1215.00-1225.00 on the upside, 1175.00-11850.0 on the downside.
BRENT: 67.50-68.50 on the upside, 62.00-63.00 on the downside.
SP500: 2140.00-2150.00 on the upside, 2100.00-2110.00 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 gains momentum above 0.6500 ahead of Australian Retail Sales data
AUD/USD trades in positive territory for six consecutive days around 0.6535 during the early Asian session on Monday. The upward momentum of the pair is bolstered by the hawkish stance from the Reserve Bank of Australia after the recent release of Consumer Price Index inflation data last week.
EUR/USD: Federal Reserve and Nonfarm Payrolls spell action this week
The EUR/USD pair temporarily reconquered the 1.0700 threshold last week, settling at around that round level. The US Dollar lost its appeal following discouraging United States macroeconomic data indicating tepid growth and persistent inflationary pressures.
Gold trades on a softer note below $2,350 on hotter-than-expected US inflation data
Gold price trades on a softer note near $2,335 on Monday during the early Asian session. The recent US economic data showed that US inflationary pressures staying firm, which has added further to market doubts about near-term US Federal Reserve rate cuts.
Ethereum fees drops to lowest level since October, ETH sustains above $3,200
Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost.
Week ahead: Hawkish risk as Fed and NFP on tap, Eurozone data eyed too
Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.