Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1410 -1.1425 on the upside, 1.1035-1.1050 on the downside.
AUDUSD: 0.7820-0.7835 on the upside, 0.7550-0.7565 on the downside.
USDJPY: 124.25-124.40 on the upside, 121.55 -121.70 on the downside.
GBPUSD: 1.5880-1.5895 on the upside, 1.5645-1.5660 on the downside.
USDCAD: 1.2420-1.2435 on the upside, 1.2125-1.2140 on the downside.
NZDUSD: 0.6955-0.6970 on the upside, 0.6790 - 0.6805 on the downside.
EURJPY: 140.75 -140.90 on the upside, 137.40-137.55 on the downside.
EURGBP: 0.7205-0.7220 on the upside, 0.7080-0.7095 on the downside.
XAUUSD: 1215.00-1225.00 on the upside, 1150.00-1160.0 on the downside.
BRENT: 65.00-66.00 on the upside, 60.50-61.50 on the downside.
SP500: 2145-2155.00 on the upside, 2065.00-2075.00 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 eases toward 0.6500 after mixed Australian trade data
AUD/USD is seeing some fresh selling interest in the Asian session on Thursday, following the release of mixed Australian trade data. The pair has stalled its recovery mode, as the US Dollar attempts a bounce after the Fed-led sell-off.
USD/JPY rebounds above 156.00 after probable Japan's intervention-led crash
USD/JPY is staging a solid comeback above 156.00, having lost nearly 450 pips in some minutes after the Japanese Yen rallied hard on another suspected Japan FX market intervention in the late American session on Wednesday.
Gold price stalls rebound below $2,330 as US Dollar recovers
Gold price is holding the rebound below $2,330 in Asian trading on Thursday, as the US Dollar recovers in sync with the USD/JPY pair and the US Treasury bond yields, in the aftermath of the Fed decision and the likely Japanese FX intervention.
Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now
Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.
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.