Daily market review for 29.01.2016
EUR/USD has grown up to the 1.09 mark, but now is actively decreasing in value. The pair keeps tendencies for a decline, but its direction might change during the day, since traders expect a few important economic releases for the Eurozone and the USA. GBP/USD has finally showed an active rise by reaching the 1.44 level, and has perspectives for a further growth. USD/JPY has also increased in value and currently trades near the 120 mark. There might be a further rise. Gold trades near its maximum values, but currently locates in a narrow range. There might be new trends during the day. 
 
Market news
 
Important statistics for the Eurozone and the USA are expected today. Only some secondary data for the UK will be published today and won't strongly affect the market. As to the Eurozone, we recommend to pay attention to the Consumer price index report. The data is expected to be better than the previous one, and can have a positive impact on the euro's value. As to the USA, we recommend to pay attention to the GDP report. The forecast is negative and can influence the American dollar. 
 
Our recommendations
 
EUR/USD trades negatively. Moving averages stay down, which show a further decrease. The important level that prevents the rise is located at 1.0968. The important level that prevents the fall is located at 1.0870. 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, which show a further increase. The important level that prevents the rise is located at 1.4282. The important levels that prevent the fall are located at 1.4334 and 1.4239. 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, which show a further increase. The important level that prevents the rise is located at 0.7140. The important levels that prevent the fall are located at 0.7067 and 0.7036. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.
 
 
USD/JPY trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 121.40. The important level that prevents the fall is located at 118.54. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.
 
 
USD/CHF trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.0223. The important level that prevents the fall is located at 1.0110. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.
 
 
USD/RUB trades negatively. Moving averages stay down, which show a further decrease. The important levels that prevent the rise are located at 76.94 and 78.28. The important level that prevents the fall is located at 75.10. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.
 
 
GOLD trades in a narrow range. Moving averages stay horizontally, but there might be a further increase. The important level that prevents the rise is located at 1121. The important level that prevents the fall is located at 1108. 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