Daily market review for 05.07.2017

EUR/USD trades positively, pair stay at the level 1.13. GBP/USD trades positively and stay the level 1.29. AUD/USD trades in positively 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 stay at the level 0.96 and trades negatively. Gold trades in a narrow corridor and decreased to the level 1224.

Market news

For Europe, pay attention to news block at 8:00 GMT. For US, pay attention to FOMC Meeting Minutes at 18:00 GMT. For Britain, pay attention to Services PMI (Jun) at 8:30 GMT. For Australia and Switzerland, there will be no important news.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.1367. The important level that prevents the fall is located at 1.1348. 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 show a further increase. The important level that prevents the rise is located at 1.2947. The important level that prevents the fall is located at 1.2911. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 0.7627. The important level that prevents the fall is located at 0.7606. 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 113.29. The important level that prevents the fall is located at 112.81. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located 0.9652. The important level that prevents the fall is located at 0.9633. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades in a narrow corridor. The important level that prevents the rise is located 1228. The important level that prevents the fall is located at 1223. 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.