Dzhafer Medzhakhed
Chifbaw LLC
BETA - Propareos levels (areas where probabilities of price action reversal or saturation reach 90%; valid till 15:00 GMT):
EURUSD: 1.1410-1.1425 on the upside, 1.1015-1.1030 on the downside.
AUDUSD: 0.7195-0.7210 on the upside, 0.6925-0.6940 on the downside.
USDJPY: 117.25-117.40 on the upside, 113.30-113.45 on the downside.
GBPUSD: 1.4565-1.4580 on the upside, 1.4330-1.4345 on the downside.
USDCAD: 1.4050-1.4065 the upside, 1.3715-1.3730 on the downside.
NZDUSD: 0.6770-0.6785 on the upside, 0.6500 - 0.6515 on the downside.
EURJPY: 132.70 -132.85 on the upside, 127.20 -127.35 on the downside.
EURGBP: 0.7910-0.7925 on the upside, 0.7515-0.7530 on the downside.
XAUUSD: 1225.00-1235.00 on the upside, 1110.00-1120.00 on the downside.
BRENT: 36.00-37.00 on the upside, 28.50-29.50 on the downside.
SP500: 1970.00-1980.00 on the upside, 1775.00-1785.00 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 declines below 1.0700 as USD recovery continues
EUR/USD lost its traction and declined below 1.0700 after spending the first half of the day in a tight channel. The US Dollar extends its recovery following the strong Unit Labor Costs data and weighs on the pair ahead of Friday's jobs report.
GBP/USD struggles to hold above 1.2500
GBP/USD turned south and dropped below 1.2500 in the American session on Thursday. The US Dollar continues to push higher following the Fed-inspired decline on Wednesday and doesn't allow the pair to regain its traction.
Gold slumps below $2,300 as US yields rebound
Gold extended its daily slide and dropped below $2,290 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield erased its daily losses after US data, causing XAU/USD to stretch lower ahead of Friday's US jobs data.
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.
Happy Apple day
Apple is due to report Q1 results today after the bell. Expectations are soft given that Apple’s Chinese business got a major hit in Q1 as competitors increased their market share against the giant Apple.