Daily market review for 27.07.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.09. Currency pair USD/JPY increased to the level 105 and trades negatively. Pair USD/CHF trades in a narrow corridor and stay at level 0.98. GBP/USD trades positively and stay at the level 1.31. AUD/USD trades in a narrow corridor and decreased to the level 0.74. Gold trades in a narrow corridor, but asset's price decreased to the level 1317.

Market news

For Europe we recommend to pay attention to France Jobseekers Total statistics at 16:00 GMT time. For US there will be two important news blocks at 12:30 and 18:00 GMT time. For Britain we recommend pay attention to important news block at 8:30 GMT time. For Switzerland there will be no important news today. For Australia we recommend to pay attention to morning published news.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1001. The important level that prevents the fall is located at 1.0980. 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 106.53. 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 in a narrow corridor. The important level that prevents the rise is located at 0.9926. The important level that prevents the fall is located at 0.9909. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.3160. The important level that prevents the fall is located at 1.3104. 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 0.7564. The important level that prevents the fall is located at 0.7459. 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 1320. The important level that prevents the fall is located at 1315. 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.