Daily market review for 27.03.2017

EUR/USD trades positively, pair increased to the level 1.08. GBP/USD trades positively and increased to the level 1.25. AUD/USD trades negatively and decreased to the level 0.76. Currency pair USD/JPY decreased to the level 110 and trades in a narrow corridor. Pair USD/CHF decreased to the level 0.98 and trades negatively. Gold trades positively and increased to the level 1257.

Market news

For Europe, pay attention to news blocks at 8:00 and 9:20 GMT. For US, there will be no important news. For Britain, there will be no important news. For Switzerland and Australia there will be no important news.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located at 1.0856. The important level that prevents the fall is located at 1.0837. 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 shows a further growth. The important level that prevents the rise is located at 1.2544. The important level that prevents the fall is located at 1.2501. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades negatively. Moving averages stay down, that shows a further fall. The important level that prevents the rise is located at 0.7636. The important level that prevents the fall is located at 0.7614. 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 110.78. The important level that prevents the fall is located at 110.14. 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 shows a further fall. The important level that prevents the rise is located 0.9886. The important level that prevents the fall is located at 0.9866. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades positively. Moving averages stay up, that shows a further growth. The important level that prevents the rise is located 1258. The important level that prevents the fall is located at 1251. 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.