Daily market review for 28.07.2017

EUR/USD trades positively, pair decreased to the level 1.16. GBP/USD trades positively and decreased to the level 1.30. AUD/USD trades positively and decreased to the level 0.79. Currency pair USD/JPY decreased at the level 110 and trades in a narrow corridor. Pair USD/CHF increased at the level 0.96 and trades negatively. Gold trades in a narrow corridor and decreased to the level 1259.

Market news

For Europe, pay attention to CFTC EUR speculative net positions at 19:30 GMT. For US, pay attention to news blocks at 12:30, 14:00 and 19:30 GMT. For Britain, pay attention to CFTC GBP speculative net positions at 19:30 GMT. Switzerland, there will be no important news. For Australia, pay attention to CFTC AUD speculative net positions at 19:30 GMT.

Our recommendations

EUR/USD trades positively. Moving averages are located up, that show a further increase. The important level that prevents the rise is located at 1.1700. The important level that prevents the fall is located at 1.1670. 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 are located up, that show a further increase. The important level that prevents the rise is located at 1.3088. The important level that prevents the fall is located at 1.3067. 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 are located up, that show a further increase. The important level that prevents the rise is located at 0.7984. The important level that prevents the fall is located at 0.7952. 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 111.23. The important level that prevents the fall is located at 110.86. 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 are located down, that show a further decrease The important level that prevents the rise is located 0.9720. The important level that prevents the fall is located at 0.9633. 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 1260. The important level that prevents the fall is located at 1256. 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.