Daily market review for 13.03.2017

EUR/USD trades in a narrow corridor, pair increased to the level 1.07. GBP/USD trades positively and increased to the level 1.22. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY decreased to the level 114 and trades in a narrow corridor. Pair USD/CHF decreased to the level 1.00 and trades positively. Gold trades in a narrow corridor and increased to the level 1209.

Market news

For Europe, pay attention to news block at 12:45 and to ECB's Praet Speech at 16:30 GMT. For US, there will be no important news today. For Britain, 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 1.0713. The important level that prevents the fall is located at 1.0679. 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 down, that show a further increase. The important level that prevents the rise is located at 1.2236. The important level that prevents the fall is located at 1.2156. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades in a narrow corridor. The important level that prevents the rise is located at 0.7587. The important level that prevents the fall is located at 0.7532. 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 114.91. The important level that prevents the fall is located at 114.50. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades positively. Moving averages stay down, that show a further increase. The important level that prevents the rise is located 1.0104. The important level that prevents the fall is located at 1.0064. 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 1210. The important level that prevents the fall is located at 1203. 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.