Daily market review for 15.08.2016

EUR/USD trades positively, pair stay at the level 1.11. GBP/USD trades in a narrow corridor and stay at the level 1.29. AUD/USD trades positively and stay at the level 0.76. Currency pair USD/JPY decreased to level 102 and trades in a narrow corridor. Pair USD/CHF stay at the level 0.97 and trades negatively. Gold trades positively, asset's price decreased to the level 1338.

Market news

For Europe there will be no important news today. For US pay attention to NY Empire State Manufacturing Index for August at 12:30 and to TIC Net Long-Term Transactions for June at 20:00 GMT time. There will be no important news for Britain today. For Switzerland pay attention to PPI (MoM) for July at 7:15 GMT time. For Australia there will be no important news today.

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 1.1164. The important level that prevents the fall is located at 1.1152. 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 1.2939. The important level that prevents the fall is located at 1.2898. 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 0.7660. The important level that prevents the fall is located at 0.7635. 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 101.44. The important level that prevents the fall is located at 101.16. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 0.9757. The important level that prevents the fall is located at 0.9745. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1339. The important level that prevents the fall is located at 1335. 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.