Daily market review for 15.12.2016

EUR/USD trades positively, pair decreased to the level 1.04. GBP/USD trades in a narrow corridor and decreased to the level 1.25. AUD/USD trades in a narrow corridor and stay at the level 0.74. Currency pair USD/JPY increased to the level 117 and trades in a narrow corridor. Pair USD/CHF trades in a narrow corridor and increased to the level 1.02. Gold trades negatively, but asset's price decreased to the level 1136.

Market news

For Europe, pay attention to news blocks at 8:00 and 9 GMT and to ECB LTRO at 12:00 GMT. For US pay attention to two news blocks at 13:30 and 14:45 GMT. For Britain, pay attention to news block at 12:00 GMT. For Switzerland, pay attention to news block at 8:30 GMT. 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 1.0522. The important level that prevents the fall is located at 1.0468. 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 1.2566. The important level that prevents the fall is located at 1.2512. 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 0.7430. The important level that prevents the fall is located at 0.7384. 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 117.84. The important level that prevents the fall is located at 117.18. 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 1.0255. The important level that prevents the fall is located at 1.0214. 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 1144. The important level that prevents the fall is located at 1134. 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.