Daily market review for 14.08.2017

EUR/USD trades negatively, pair stay at the level 1.17. GBP/USD trades negatively and stay at the level 1.29. AUD/USD trades negatively and stay at the level 0.78. Currency pair USD/JPY stay at the level 109 and trades in a narrow corridor. Pair USD/CHF stay at the level 0.96 and trades in a narrow corridor. Gold trades negatively and decreased to the level 1282.

Market news

For Europe, pay attention to Industrial Production (MoM) (Jun) at 9:00 GMT. For US, there will be no important news. For Britain, there will be no important news. For Switzerland and Australia, there also will be no important news.

Our recommendations

EUR/USD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located at 1.1837. The important level that prevents the fall is located at 1.1794. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located at 1.3021. The important level that prevents the fall is located at 1.2988. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located at 0.7917. The important level that prevents the fall is located at 0.7871. 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 109.77. The important level that prevents the fall is located at 109.33. 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 0.9660. The important level that prevents the fall is located at 0.9626. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located 1289. The important level that prevents the fall is located at 1281. 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.