Daily market review for 11.07.2017

EUR/USD trades in a narrow corridor, pair decreased to the level 1.13. GBP/USD trades positively and decreased to the level 1.28. AUD/USD trades positively and increased to the level 0.76. Currency pair USD/JPY stay at the level 114 and trades in a narrow corridor. Pair USD/CHF stay at to the level 0.96 and trades in a narrow corridor. Gold trades in a narrow corridor and increased to the level 1211.

Market news

For Europe, pay attention to ECB's Coeure Speech at 12:00 GMT. For US, pay attention to JOLTs Job Openings (May) at 14:00 GMT. For Britain, pay attention to BoE MPC Member Broadbent Speech at 11:00 GMT. For Australia and Switzerland, there will be no important news.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1397. The important level that prevents the fall is located at 1.1382. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.2884. The important level that prevents the fall is located at 1.2869. 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 show a further increase. The important level that prevents the rise is located at 0.7626. The important level that prevents the fall is located at 0.7602. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades in a narrow corridor. Important level that prevents the rise is located at 114.47. The important level that prevents the fall is located at 114.02. 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 0.9676. The important level that prevents the fall is located at 0.9634. 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 1215. The important level that prevents the fall is located at 1209. 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.