Daily market review for 13.01.2017

EUR/USD trades in a narrow corridor, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and decreased to the level 1.21. AUD/USD trades in a narrow corridor and stay at the level 0.74. Currency pair USD/JPY stay at 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 decreased to the level 1198.

Market news

For Europe, pay attention to news block at 8:00 and to CFTC EUR speculative net positions at 20:30 GMT. For US, pay attention to important news blocks at 13:30, 15:00 and 20:30 GMT. For Britain, pay attention to CFTC GBP speculative net positions at 20:30 GMT. For Switzerland will be no important news today. For Australia pay attention to CFTC AUD speculative net positions at 20:30 GMT.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0640. The important level that prevents the fall is located at 1.0603. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.2175. The important level that prevents the fall is located at 1.2139. 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 0.7507. The important level that prevents the fall is located at 0.7475. 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 115.17. The important level that prevents the fall is located at 114.57. 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 up, that shows a further growth. The important level that prevents the rise is located 1.0112. The important level that prevents the fall is located at 1.0079. 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 1196. The important level that prevents the fall is located at 1190. 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.