Daily market review for 13.07.2017

EUR/USD trades in a narrow corridor, pair stay at the level 1.14. GBP/USD trades positively and increased to the level 1.29. AUD/USD trades positively and increased to the level 0.77. Currency pair USD/JPY decreased to the level 112 and trades negatively. Pair USD/CHF stay at to the level 0.96 and trades negatively. Gold trades in a narrow corridor and increased to the level 1223.

Market news

For Europe, pay attention to German CPI (MoM) (Jun) at 6:00 GMT. For US, pay attention to news block at 12:30 and to Fed Chair Yellen Testifies at 14:00 GMT. For Britain, there will be no important news. For Australia, there will be no important news. For Switzerland, pay attention PPI (MoM) (Jun) at 7:15 GMT.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1454. The important level that prevents the fall is located at 1.1413. 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 1.2918. The important level that prevents the fall is located at 1.2887. 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 0.7712. The important level that prevents the fall is located at 0.7673. 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 113.51. The important level that prevents the fall is located at 112.85. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located 0.9653. The important level that prevents the fall is located at 0.9616. 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 1223. The important level that prevents the fall is located at 1217. 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.