Daily market review for 03.02.2017

EUR/USD trades negatively, pair stay at the level 1.07. GBP/USD trades positively and increased to the level 1.25. AUD/USD trades negatively and stay at the level 0.76. Currency pair USD/JPY increased to the level 113 and trades in a narrow corridor. Pair USD/CHF increased to the level 0.99 and trades positively. Gold trades negatively and decreased to the level 1212.

Market news

For Europe, pay attention to news blocks at 9:00 and 10:00 GMT. For US, pay attention to news blocks at 13:30, 15:00 and 20:30 GMT. For Britain, pay attention to Services PMI (Jan) at 9:30 GMT. For Switzerland and Australia, there will be no important news.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that shows a further fall. The important level that prevents the rise is located at 0.7660. The important level that prevents the fall is located at 0.7638. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located at 1.2537. The important level that prevents the fall is located at 1.2510. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades negatively. Moving averages stay down, that shows a further fall. The important level that prevents the rise is located at 0.7660. The important level that prevents the fall is located at 0.7638. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades in a narrow corridor. Important level that prevents the rise is located at 113.22. The important level that prevents the fall is located at 112.50. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located 0.9942. The important level that prevents the fall is located at 0.9916. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages stay down, that shows a further fall. The important level that prevents the rise is located 1216. The important level that prevents the fall is located at 1210. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions.