Daily market review for 27.12.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.04. GBP/USD trades positively and stay at the level 1.22. AUD/USD trades positively and decreased to the level 0.71. Currency pair USD/JPY stay at the level 117 and trades in a narrow corridor. Pair USD/CHF stay at the level 1.02 and trades in a narrow corridor. Gold trades in a narrow corridor, asset's price increased to the level 1144.

Market news

For Europe, there will be no important news today. For US, pay attention to S&P/CS HPI Composite - 20 n.s.a. (YoY) (Oct) at 14:00 and to CB Consumer Confidence (Dec) at 15:00 GMT. For Britain, Australia and Switzerland, there will be no important news today.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0452. The important level that prevents the fall is located at 1.0431. 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 1.2286. The important level that prevents the fall is located at 1.2261. 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 0.7195. The important level that prevents the fall is located at 0.7171. 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 117.85. The important level that prevents the fall is located at 116.88. 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 1.0288. The important level that prevents the fall is located at 1.0267. 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 1150. The important level that prevents the fall is located at 1131. 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.