Daily market review for 05.07.2018

EUR/USD is trading positively. The currency pair stay at the level of 1.16. The pair GBP/USD Is trading positively and increased to the level 1.32. The pair AUD/USD is trading in a narrow corridor and decreased to the level 0.73. The pair USD/JPY stay at the level 110 and trades positively. USD/CHF stay at the level of 0.99 and is trades in a narrow corridor. Gold is trading in a narrow corridor and decreased to the level 1254.

Expected news

For Europe, pay attention to ECB's Mersch Speech at 12:15 GMT. For US, pay attention to news block at 14:00 and to FOMC Meeting Minutes at 18:00 GMT. For Britain, pay attention to BoE Gov Carney Speech at 10:00 GMT. For Australia, and Switzerland, there will be no important news.

Trading ideas

EUR/USD is trading positively. Moving averages are located up, that show a further increase. An important level of restraining growth is at the level of 1.1687. An important level restraining further decline is at around 1.1649. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from support levels, we can consider the opening of binary call options (call options).

 

GBP/USD is trading positively. Moving averages are located up, that show a further increase. An important level restraining further growth is at the level of 1.3232. An important level restraining further decline is at around 1.3215. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from support levels, we can consider the opening of binary call options (call options).

 

AUD/USD is trading positively. Moving averages are located up, that show a further increase. An important level restraining further growth is at the level of 0.7387. An important level restraining further decline is at 0.7360. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from support levels, we can consider the opening of binary call options (call options).

 

USD/JPY is trading in a narrow corridor. An important level of restraining growth is at the level of 110.64. An important level restraining further decline is at 110.23. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from support levels, we can consider the opening of binary call options (call options).

 

USD/CHF is trading negatively. Moving averages are located down, that show a further decrease. An important level restraining further growth is at the level of 0.9939. An important level restraining further decline is at 0.9921. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from support levels, we can consider the opening of binary call options (call options).

 

GOLD is trading in a narrow corridor. An important level restraining further growth is at the level of 1257. An important level of restraining further decline is at the level of 1252. From the resistance levels, we can consider the opening of binary options to reduce (put options), and from the support levels we can consider the opening of binary call options (call options).

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.