Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1530-1.1545 on the upside, 1.1205-1.1220 on the downside.
AUDUSD: 0.7365-0.7380 on the upside, 0.7145-0.7160 on the downside.
USDJPY: 120.20-120.35 on the upside, 117.90 -118.05 on the downside.
GBPUSD: 1.5575 -1.5590 on the upside, 1.5250-1.5265 on the downside.
USDCAD: 1.30900-1.3105 on the upside, 1.2775-1.2790 on the downside.
NZDUSD: 0.6940-0.6955 on the upside, 0.6635 - 0.6650 on the downside.
EURJPY: 136.25 -136.40 on the upside, 133.85-134.00 on the downside.
EURGBP: 0.7440-0.7455 on the upside, 0.7235-0.7250 on the downside.
XAUUSD: 1195.00-1205.00 on the upside, 1130.00-1140.00 on the downside.
BRENT: 51.50-52.50 on the upside, 45.00 -46.00 on the downside.
SP500: 2065.00-2075.00 on the upside, 1950.00-1960.00 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 meets support around 1.0650
EUR/USD managed to surpass the key 1.0700 barrier in response to the intense retracement in the US Dollar in the wake of the Fed’s interest rate decision and Chair Powell’s press conference.
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.