Daily market review for 20.09.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.11. GBP/USD trades in a narrow corridor and stayed at the level 1.30. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY decreased to the level 101 and trades negatively. Pair USD/CHF increased to the level 0.98 and trades negatively. Gold trades in a narrow corridor, asset's price decreased to the level 1314.

Market news

For Europe pay attention to German PPI (MoM) for August at 6:00 GMT. For America pay attention to an important news block at 12:30 GMT. For Britain and Switzerland there will be no important news today. Pay attention to already published news for Australia.

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 1.1179. The important level that prevents the fall is located at 1.1168. 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 1.3045. The important level that prevents the fall is located at 1.3025. 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 0.7552. The important level that prevents the fall is located at 0.7529. 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, that show a further decrease. Important level that prevents the rise is located at 102.05. The important level that prevents the fall is located at 101.74. 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 0.9809. The important level that prevents the fall is located at 0.9797. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades in a narrow corridor. The important level that prevents the rise is located at 1316. The important level that prevents the fall is located at 1312. 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.