Daily market review for 26.07.2016

EUR/USD trades positively, pair stay at the level 1.09. Currency pair USD/JPY decreased to the level 104 and trades negatively. Pair USD/CHF trades negatively and stay at level 0.98. GBP/USD trades in a narrow corridor and stay at the level 1.31. AUD/USD trades positively and increased to the level 0.75. Gold trades in a narrow corridor, but asset's price decreased to the level 1318.

Market news

For Europe there will be no important news today. For US pay attention to an important news block at 13:45 GMT time. For Britain we recommend day attention to BBA Mortgage Approvals at 8:30 GMT time. There will be no important news for Switzerland and Australia today.

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 1.1005. The important level that prevents the fall is located at 1.0982. 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 105.87. The important level that prevents the fall is located at 104.26. 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 at 0.9864. The important level that prevents the fall is located at 0.9849. 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 0.3143. The important level that prevents the fall is located at 0.3082. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 0.7535. The important level that prevents the fall is located at 0.7461. 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 1322. The important level that prevents the fall is located at 1313. 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.