Daily market review for 13.07.2016

EUR/USD trades in a narrow corridor. Pair located near the level 1.10. Currency pair USD/JPY increased to the mark 104 and trades negatively. Pair USD/CHF trades in a narrow corridor and located at the level 0.98. Gold trades in a narrow corridor. The asset's price decreased to the level 1337.

Market news

For Europe we recommend to pay attention to two important news blocks at 6:45 and 8:00 GMT time. For US there will be 3 important news blocks at 10:00, 12:30 and 14:30 GMT time. For Switzerland there will be no important news today.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1069. The important level that prevents the fall is located at 1.1053. 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 show a further decrease. Important level that prevents the rise is located at 104.86. The important level that prevents the fall is located at 103.93. 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 at 0.9893. The important level that prevents the fall is located at 0.9877. 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 at 1340. The important level that prevents the fall is located at 1327. 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.