Daily market review for 10.02.2017

EUR/USD trades in a narrow corridor, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and increased to the level 1.25. AUD/USD trades positively and stay at the level 0.76. Currency pair USD/JPY increased to the level 113 and trades negatively. Pair USD/CHF increased to the level 1.00 and trades negatively. Gold trades in a narrow corridor and decreased to the level 1223.

Market news

For Europe, pay attention to German Buba President Weidmann Speaks at 10:00 and to CFTC EUR speculative net positions at 20:30 GMT. For US, pay attention to news blocks at 13:30, 15:00 and 20:30 GMT. For Britain, pay attention to news block at 9:30 GMT. For Switzerland, there will be no important news today. For Australia pay attention to CFTC AUD speculative net positions at 20:30 GMT.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0667. The important level that prevents the fall is located at 1.0648. 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 1.2520. The important level that prevents the fall is located at 1.2489. 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 shows a further growth. The important level that prevents the rise is located at 0.7656. The important level that prevents the fall is located at 0.7617. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades negatively. Moving averages stay down, that shows a further fall. Important level that prevents the rise is located at 113.79. The important level that prevents the fall is located at 113.36. 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 shows a further fall. The important level that prevents the rise is located 1.0023. The important level that prevents the fall is located at 1.0008. 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 1226. The important level that prevents the fall is located at 1221. 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.