Dzhafer Medzhakhed
Chifbaw LLC
BETA – Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.0955-1.0970 on the upside, 1.0735-1.0750 on the downside.
AUDUSD: 0.7270 -0.7285 on the upside, 0.69300-0.6945 on the downside.
USDJPY: 119.80-119.95 on the upside, 117.30 -117.45 on the downside.
GBPUSD: 1.4750 -1.4765 on the upside, 1.4530-1.4545 on the downside.
USDCAD: 1.4200-1.4215 on the upside, 1.3820-1.3835 on the downside.
NZDUSD: 0.6775-0.6790 on the upside, 0.6520 – 0.6535 on the downside.
EURJPY: 128.80 -128.95 on the upside, 125.40-125.55 on the downside.
EURGBP: 0.7435-0.7450 on the upside, 0.7260-0.7275 on the downside.
XAUUSD: 1120.00-1130.00 on the upside, 1050.00-1060.00 on the downside.
BRENT: 37.00-38.00 on the upside, 31.00 -32.00 on the downside.
SP500: 2045.00-2055.00 on the upside, 1920.00-1930.00 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 remains firm above 0.6600 ahead of RBA
AUD/USD maintains its bullish bias well and sound on Monday, extending the multi-session recovery past the 0.6600 barrier ahead of the key interest rate decision by the RBA.
EUR/USD propped up near 1.0750 ahead of European Retail Sales
EUR/USD churned around 1.0770 to kick off the new trading week, with the pair rising after better-than-expected Purchasing Managers Index figures early Monday before settling into familiar chart territory above 1.0750 ahead of Tuesday’s pan-European Retail Sales figures.
Gold holds on to modest gains around $2,320
Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.
Bitcoin price holds above $63K as MicroStrategy tops BTC ownership list
Bitcoin (BTC) price recorded a rather bold two days this past weekend in a surge that saw millions in positions liquidated. However, the week is off to a calm start with altcoins sucking liquidity from the BTC market.
RBA expected to leave key interest rate on hold as inflation lingers
Interest rate in Australia will likely stay unchanged at 4.35%. Reserve Bank of Australia Governor Michele Bullock to keep her options open. Australian Dollar bullish case to be supported by a hawkish RBA.