Daily market review for 19.07.2016

EUR/USD trades negatively, pair located near the level 1.10. Currency pair USD/JPY stay at the mark 105 and trades in a narrow corridor. Pair USD/CHF trades positively and stay at level 0.98. GPB/USD trades positively and stay at level 1.32. AUD/USD trades in a narrow corridor and stay at level 0.75. Gold trades negatively, but asset's price decreased to the mark 1327.

Market news

For Europe we recommend to pay attention to important news block at 9:00 GMT time. For US pay attention to a huge news block at 12:30 GMT time. There will be no important news for Switzerland today. For Britain we recommend to pay attention to The Consumer Price Index (CPI) report for June at 8:30 GMT time and to Producer Price Index (PPI) statistics for June at the same time. For Australia we recommend to pay attention to published Monetary Policy Meeting Minutes report.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1.1079. The important level that prevents the fall is located at 1.1062. 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 106.31. The important level that prevents the fall is located at 105.63. 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 show a further increase. The important level that prevents the rise is located at 0.9834. The important level that prevents the fall is located at 0.9818. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GPB/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 0.3272. The important level that prevents the fall is located at 0.3203. 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 0.7584. The important level that prevents the fall is located at 0.7508. 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 1331. The important level that prevents the fall is located at 1325. 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.