Daily market review for 24.04.2017

EUR/USD trades negatively, pair increased to the level 1.08. GBP/USD trades in a narrow corridor and decreased to the level 1.27. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY increased to the level 110 and trades in a narrow corridor. Pair USD/CHF stay at the level 0.99 and trades in a narrow corridor. Gold trades in a narrow corridor and decreased to the level 1271.

Market news

For Europe, pay attention to news block at 8:00 GMT. For US, pay attention to news blocks at 15:30 GMT. For Britain, pay attention to CBI Industrial Trends Orders (Apr) at 10:00 GMT. For Australia, and Switzerland there will be no important news today.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that shows a further decrease. The important level that prevents the rise is located at 1.0877. The important level that prevents the fall is located at 1.0820. 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 1.2826. The important level that prevents the fall is located at 1.2777. 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 0.7567. The important level that prevents the fall is located at 0.7546. 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 110.28. The important level that prevents the fall is located at 109.84. 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. The important level that prevents the rise is located 0.9980. The important level that prevents the fall is located at 0.9926. 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 1276. The important level that prevents the fall is located at 1268. 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.