Daily market review for 08.09.2017

EUR/USD is traded in a narrow corridor. The currency pair rose to the level of 1.20. The pair GBP/USD was trading negatively and rose to the level of 1.31. The pair AUD/USD is trading negatively and rose to 0.80. The pair USD/JPY dropped to 107 and traded in a narrow corridor. USD/CHF fell to the level of 0.94 and is trading positively. Gold is traded in a narrow corridor and rose to 1352.

Expected news

In Europe, it is worth paying attention to the number of net speculative positions for EUR from the CFTC at 19:30 (GMT). In America, it's worth paying attention to the news block at 19:30 (GMT). In the UK, it's worth paying attention to the news block at 08:30 (GMT). In Australia, it is worth paying attention to the number of pure speculative positions on the AUD from the CFTC at 19:30 (GMT). In Switzerland, important news is not expected.

Trading ideas

EUR/USD is traded in a narrow corridor. An important level of restraining growth is at the level of 1.2091. An important level restraining further decline is at around 1.2019. 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 negatively. Moving averages are directed down, indicating further decline. An important level restraining further growth is at the level of 1.3143. An important level restraining further decline is at around 1.3093. 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 negatively. Moving averages are directed down, indicating further decline. An important level restraining further growth is at the level of 0.8116. An important level restraining further decline is at 0.8049. 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 traded in a narrow corridor. An important level of restraining growth is at the level of 108.47. An important level restraining further decline is at 107.62. 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 positively. Moving averages are directed upwards, which indicates further growth. An important level restraining further growth is at the level of 0.9500. An important level restraining further decline is at 0.9426. 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 traded in a narrow corridor. An important level restraining further growth is at the level of 1357. An important level of restraining further decline is at the level of 1347. 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 can not 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.