Daily market review for 12.09.2017

EUR/USD is trading in a narrow corridor. The currency pair decreased to the level of 1.19. The pair GBP/USD Is trading in a narrow corridor and stay at the level 1.31. The pair AUD/USD is trading in a narrow corridor and stay at the level 0.80. The pair USD/JPY increased to 109 and trading in a narrow corridor. USD/CHF increased to the level of 0.95 and is trading in a narrow corridor. Gold is trading in a narrow corridor and decreased to 1325.

Expected news

For Europe, pay attention to ECB's Constancio Speech at 13:45 GMT. For US, pay attention to JOLTs Job Openings (Jul) at 14:00 GMT. For Britain, pay attention to news block at 8:30 GMT. In Australia and Switzerland, important news is not expected.

Trading ideas

EUR/USD is trading in a narrow corridor. An important level of restraining growth is at the level of 1.1969. An important level restraining further decline is at around 1.1945. 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 in a narrow corridor. An important level restraining further growth is at the level of 1.3191. An important level restraining further decline is at around 1.3160. 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 in a narrow corridor. An important level restraining further growth is at the level of 0.8031. An important level restraining further decline is at 0.7997. 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 trading in a narrow corridor. An important level of restraining growth is at the level of 109.57. An important level restraining further decline is at 109.25. 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 in a narrow corridor. An important level restraining further growth is at the level of 0.9573. An important level restraining further decline is at 0.9549. 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 trading in a narrow corridor. An important level restraining further growth is at the level of 1328. An important level of restraining further decline is at the level of 1322. 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 cannot 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.