Daily market review for 18.04.2017

EUR/USD trades in a narrow corridor, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and stay at the level 1.25. AUD/USD trades in a narrow corridor and increased to the level 0.75. Currency pair USD/JPY stay at the level 109 and trades positively. Pair USD/CHF stay at the level 1.00 and trades positively. Gold trades negatively and decreased to the level 1282.

Market news

For Europe, there will be no important news. For US, pay attention to news blocks at 12:30 GMT. For Britain, Australia, and Switzerland there will be no important news today.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0652. The important level that prevents the fall is located at 1.0636. 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 1.2578. The important level that prevents the fall is located at 11.2549. 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 0.7595. The important level that prevents the fall is located at 0.7549. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades positively. Moving averages stay up, that shows a further increase. Important level that prevents the rise is located at 109.21. The important level that prevents the fall is located at 108.89. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades positively. Moving averages stay up, that shows a further increase. The important level that prevents the rise is located 1.0047. The important level that prevents the fall is located at 1.0030. 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 shows a further decrease. The important level that prevents the rise is located 1285. 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.