Daily market review for 11.07.2016

EUR/USD trades positively. The pair located near the level 1.10. Currency pair USD/JPY locates near the mark 101, trades positively and might be expected tendencies for a further increase. Pair USD/CHF trades in a narrow corridor and located at the level 0.98. Gold trades negatively. The asset's price located at the level 1362.

Market news

For Europe we recommend to pay attention to Eurogroup meetings today. For US pay attention to FOMC member E. George speech at 14:00 GMT time. For Switzerland there will be no important news today.

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 1.1055. The important level that prevents the fall is located at 1.1033. 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 show a further increase. The important level that prevents the rise is located at 101.85. The important level that prevents the fall is located at 100.54. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades a narrow corridor. The important level that prevents the rise is located at 0.9836. The important level that prevents the fall is located at 0.9817. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages stay down, that show a further decrease The important level that prevents the rise is located at 1371. The important level that prevents the fall is located at 1361. 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.