Daily market review for 06.04.2017

EUR/USD trades positively, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and stay at the level 1.24. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY stay at the level 110 and trades positively. Pair USD/CHF stay at the level 1.00 and trades in a narrow corridor. Gold trades in a narrow corridor and decreased to the level 1252.

Market news

For Europe, pay attention to news blocks at 11:30 and 16:40 GMT. For US, pay attention to Initial Jobless Claimsat at 12:30 and to FOMC Member Williams Speech at 16:30 GMT. For Britain, there will be no important news. For Australia, there will be no important news. For Switzerland, pay attention to CPI (MoM) (Mar) at 7:15 GMT.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that shows a further increase. The important level that prevents the rise is located at 1.0683. The important level that prevents the fall is located at 1.0669. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.2500. The important level that prevents the fall is located at 1.2474. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades in a narrow corridor. The important level that prevents the rise is located at 0.7576. The important level that prevents the fall is located at 0.7531. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades positively. Moving averages stay up, that shows a further increase. Important level that prevents the rise is located at 110.98. The important level that prevents the fall is located at 110.28. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades in a narrow corridor. The important level that prevents the rise is located 1.0040. The important level that prevents the fall is located at 1.0026. 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 1258. The important level that prevents the fall is located at 1252. 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.