Daily market review for 12.01.2017

EUR/USD trades positively, pair increased to the level 1.06. GBP/USD trades negatively and increased to the level 1.22. AUD/USD trades positively and increased to the level 0.74. Currency pair USD/JPY decreased to the level 114 and trades negatively. Pair USD/CHF decreased to the level 1.00 and trades negatively. Gold trades positively and increased to the level 1201.

Market news

For Europe, pay attention to Industrial Production (MoM) (Nov) at 10:00 and to ECB Publishes Account of Monetary Policy Meeting at 12:30 GMT. For US, pay attention to important news blocks at 13:30 and 17:30 GMT. For Britain, Switzerland and Australia will be no important news today.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located at 1.0644. The important level that prevents the fall is located at 1.0570. 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 shows a further growth. The important level that prevents the rise is located at 1.2280. The important level that prevents the fall is located at 1.2168. 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 0.7492. The important level that prevents the fall is located at 0.7429. 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 115.21. The important level that prevents the fall is located at 114.14. 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 1.0148. The important level that prevents the fall is located at 1.0077. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located 1201. The important level that prevents the fall is located at 1193. 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.