Daily market review for 22.08.2016

EUR/USD trades in a narrow corridor, pair decreased to the level 1.12 GBP/USD trades in a narrow corridor and decreased to the level 1.30. AUD/USD trades in a narrow corridor and decreased to the level 0.75. Currency pair USD/JPY stay at the level 100 and trades positively. Pair USD/CHF increased at the level 0.96 and trades in a narrow corridor. Gold trades in a narrow corridor, asset's price decreased to the level 1333.

Market news

For Europe, United States, Britain, Switzerland and Australia will be no important news today.

Our recommendations

EUR/USD trades in a narrow corridor. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1.1318. The important level that prevents the fall is located at 1.1270. 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 1.3081. The important level that prevents the fall is located at 1.3034. 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. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 0.7625. The important level that prevents the fall is located at 0.7582. 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 show a further increase. Important level that prevents the rise is located at 100.85. The important level that prevents the fall is located at 100.27. 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. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 0.9643. The important level that prevents the fall is located at 0.9598. 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. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1339. The important level that prevents the fall is located at 1331. 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.