Daily market review for 30.05.2017

EUR/USD trades negatively, pair stay at the level 1.11. GBP/USD trades in a narrow corridor and stay at the level 1.28. AUD/USD trades positively and stay at the level 0.74. Currency pair USD/JPY decreased to the level 110 and trades negatively. Pair USD/CHF increased to the level 0.98 and trades positively. Gold trades in a narrow corridor and increased to the level 1267.

Market news

For Europe, pay attention to ECB's Liikanen Speech at 9:15 and to ECB's Nowotny Speech at 16:00 GMT. For US, pay attention to news blocks at 12:30 and 14:00 GMT. For Britain, there will be no important news today. For Australia, there will be no important news. For Switzerland, pay attention to KOF Leading Indicators (May) at 7:00 GMT.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that shows a further fall. The important level that prevents the rise is located at 1.1141. The important level that prevents the fall is located at 1.1109. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.2825. The important level that prevents the fall is located at 1.2793. 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 shows a further growth. The important level that prevents the rise is located at 0.7443. The important level that prevents the fall is located at 0.7415. 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 shows a further fall. Important level that prevents the rise is located at 111.28. The important level that prevents the fall is located at 110.76. 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, that shows a further growth. The important level that prevents the rise is located 0.9807. The important level that prevents the fall is located at 0.9782. 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 1270. The important level that prevents the fall is located at 1264. 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.