Daily market review for 14.07.2016

EUR/USD trades positively. Pair located near the level 1.11. Currency pair USD/JPY increased to the mark 104 and trades in a narrow corridor. Pair USD/CHF trades in a narrow corridor and located at the level 0.98. GPB/USD trades in a narrow corridor and located at level 1.31. AUD/USD trades positively and located at the level 0.76. Gold trades negatively. The asset's price decreased to the level 1337.

Market news

For Europe there will be no important news today. For US pay attention to two news blocks at 12:30 and 15:15 GMT time. For Switzerland pay attention to Producer Price Index statistics (PPI) for June at 7:00 GMT time. For Britain we recommend to pay attention to an important news block at 11:00 GMT time. For Australia important news has been already published at 1:30 GMT time.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.1115. The important level that prevents the fall is located at 1.1091. 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 104.76. The important level that prevents the fall is located at 103.96. 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 0.9847. The important level that prevents the fall is located at 0.9829. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GPB/USD trades in a narrow corridor. The important level that prevents the rise is located at 0.3220. The important level that prevents the fall is located at 0.3104. 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 0.7637. The important level that prevents the fall is located at 0.7590. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1346. The important level that prevents the fall is located at 1336. 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.