Daily market review for 31.07.2017

EUR/USD trades in a narrow corridor, pair increased to the level 1.17. GBP/USD trades negatively and increased to the level 1.31. AUD/USD trades negatively and stay to the level 0.79. Currency pair USD/JPY stay at the level 110 and trades positively. Pair USD/CHF stay at the level 0.96 and trades in a narrow corridor. Gold trades negatively and increased to the level 1266.

Market news

For Europe, pay attention to news block at 9:00 GMT. For US, pay attention to news block at 13:45 GMT. For Britain, Australia and Switzerland, there will be no important news.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1752. The important level that prevents the fall is located at 1.1723. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located at 1.3143. The important level that prevents the fall is located at 1.3105. 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 are located down, that show a further decrease. The important level that prevents the rise is located at 0.7988. The important level that prevents the fall is located at 0.7955. 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 are located up, that show a further increase.. Important level that prevents the rise is located at 110.76. The important level that prevents the fall is located at 110.29. 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 0.9694. The important level that prevents the fall is located at 0.9662. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages are located down, that show a further decrease. The important level that prevents the rise is located 1270. The important level that prevents the fall is located at 1265. 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.