Daily market review for 16.06.2016

After the US Interest rate’s announcement, the American dollar has significantly decreased in value, which has impacted the assets’ prices. EUR/USD trades positively near the 1.12 level. The pair has perspectives for a further rise. USD/JPY has formed a new low by falling to the 104.07 mark. Gold has also formed a new high at 1302. Both assets keep clear tendencies. Traders have a great chance to make money.

Market news

As to the Eurozone, the Consumer price index report will be released. As to the USA, we recommend to pay attention to the Philadelphia Fed Manufacturing index.

Our recommendations

EUR/USD trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.1294. The important levels that prevent the fall are located at 1.1248 and 1.1209. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

USD/JPY trades negatively. Moving averages stay down, which show a further decrease. The important levels that prevent the rise are located at 105.65 and 106.33. The important level that prevents the fall is located at 104.07. 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, which show a further increase. The important level that prevents the rise is located at 1302. The important levels that prevent the fall are located at 1289 and 1278. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.