Daily market review for 15.05.2017

EUR/USD trades positively, pair increased to the level 1.09. GBP/USD trades positively and increased to the level 1.29. AUD/USD trades positively and increased to the level 0.74. Currency pair USD/JPY stay at the level 113 and trades in a narrow corridor. Pair USD/CHF stay at the level 1.00 and trades in a narrow corridor. Gold trades in a narrow corridor and increased to the level 1232.

Market news

For Europe, pay attention to ECB's Praet speech at 11:45 GMT. For US, pay attention to NY Empire State Manufacturing Index (May) at 12:30 GMT. For Britain, there will be no important news today. For Switzerland, pay attention to PPI (MoM) (Apr) at 7:15 GMT. For Australia, there will be no important news.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located at 1.0941. The important level that prevents the fall is located at 1.0921. 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 shows a further growth. The important level that prevents the rise is located at 1.2920. The important level that prevents the fall is located at 1.2881. 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 shows a further growth. The important level that prevents the rise is located at 0.7418. The important level that prevents the fall is located at 0.7385. 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 113.53. The important level that prevents the fall is located at 113.21. 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 1.0018. The important level that prevents the fall is located at 1.0000. 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 1232. The important level that prevents the fall is located at 1226. 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.