Daily market review for 7.07.2016

EUR/USD trades negatively. The pair stayed at level 1.10. Currency pair USD/JPY locates near the mark 100 and trades negatively. Might be expected tendencies for a further decrease. Pair USD/CHF trades positively and located at the level 0.9747. Gold trades positively. The asset's price located at the level 1367.

Market news

For Europe we recommend to pay attention to ECB Account of Monetary Policy Meeting statistics at 11:30 GMT. For US pay attention to two important news blocks at 12:15 and 15:00 GMT time. For Switzerland pay attention to Consumer Price Index (CPI) for June, at 6:00 GMT time.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1.1106. The important level that prevents the fall is located at 1.1073. 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, which show a further decrease. The important level that prevents the rise is located at 101.23. The important level that prevents the fall is located at 100.66. 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 0.9757. The important level that prevents the fall is located at 0.9740. 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, which show a further increase. The important level that prevents the rise is located at 1370. The important level that prevents the fall is located at 1365. 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.