BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 09:00 GMT):
EURUSD: 1.1280-1.1295 on the upside, 1.0910-1.0925 on the downside.
AUDUSD: 0.7310 -0.7325 on the upside, 0.6965-0.6980 on the downside.
USDJPY: 118.95-119.10 on the upside, 115.70 -115.85 on the downside.
GBPUSD: 1.4680 -1.4695 on the upside, 1.4370-1.4385 on the downside.
USDCAD: 1.4220-1.4235 on the upside, 1.3625-1.3640 on the downside.
NZDUSD: 0.6870-0.6885 on the upside, 0.6340 – 0.6355 on the downside.
EURJPY: 132.15 -132.30 on the upside, 129.00-129.15 on the downside.
EURGBP: 0.7715-0.7730 on the upside, 0.7430-0.7445 on the downside.
XAUUSD: 1190.00-1200.00 on the upside, 1115.00-1125.00 on the downside.
BRENT: 37.00- 38.00 on the upside, 30.50 -31.50 on the downside.
SP500: 1955.00-1965.00 on the upside, 1835.00-1845.00 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.
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Editors’ Picks
EUR/USD hovers near 1.0700 even as USD struggles ahead of data
EUR/USD has erased gains to trade flat near 1.0700 in the European session on Thursday. The pair comes under pressure even as the US Dollar struggles, in the aftermath of the Fed policy announcements and ahead of more US employment data.
GBP/USD turns south toward 1.2500, US data eyed
GBP/USD is consolidating the rebound above 1.2500 in European trading on Thursday. The pair struggles, despite the US Dollar weakness on dovish Fed signals. A mixed market mood caps the GBP/USD upside ahead of mid-tier US data.
Gold price pulls back as market sentiment improves
The Gold price is trading in the $2,310s on Thursday after retracing about three-tenths of a percent on reduced safe-haven demand. Market sentiment is overall positive as Asian stocks on balance closed higher and Oil prices hover at seven-week lows.
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Happy Apple day
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