BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1300-1.1315 on the upside, 1.0755-1.0770 on the downside.
AUDUSD: 0.7335 -0.7350 on the upside, 0.6945-0.6960 on the downside.
USDJPY: 121.55-121.70 on the upside, 114.40 -114.55 on the downside.
GBPUSD: 1.4735 -1.4750 on the upside, 1.4320-1.4335 on the downside.
USDCAD: 1.4180-1.4195 on the upside, 1.3385-1.3400 on the downside.
NZDUSD: 0.6870-0.6885 on the upside, 0.6555 – 0.6570 on the downside.
EURJPY: 131.60 -131.75 on the upside, 128.00-128.15 on the downside.
EURGBP: 0.7765-0.7780 on the upside, 0.7385-0.7400 on the downside.
XAUUSD: 1170.00-1180.00 on the upside, 1100.00-1110.00 on the downside.
BRENT: 37.50- 38.50 on the upside, 30.00 -31.00 on the downside.
SP500: 1945.00-1955.00 on the upside, 1860.00-1870.00 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
EUR/USD holds above 1.0700 after German inflation data
EUR/USD trades modestly higher on the day above 1.0700. The data from Germany showed that the annual HICP inflation edged higher to 2.4% in April. This reading came in above the market expectation of 2.3% and helped the Euro hold its ground.
USD/JPY recovers above 156.00 following suspected intervention
USD/JPY recovers ground and trades above 156.00 after sliding to 154.50 on what seemed like a Japanese FX intervention. Later this week, Federal Reserve's policy decisions and US employment data could trigger the next big action.
Gold holds steady above $2,330 to start the week
Gold fluctuates in a relatively tight channel above $2,330 on Monday. The benchmark 10-year US Treasury bond yield corrects lower and helps XAU/USD limit its losses ahead of this week's key Fed policy meeting.
Week Ahead: Bitcoin could surprise investors this week Premium
Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation.
Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium
Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.