Daily market review for 1.07.2016

EUR/USD trades negatively. The pair has fallen to the 1.10 level and continues to fall. USD/JPY still locates near the 102 mark. The pair trades in a narrow corridor and may keep tendencies for a further decline. Gold trades positively. Now the asset's price has stopped at 1333. There might be a trend reversal during the day.

Market news

For Europe we recommend to pay attention to important news block at 8:30 GMT. For US there will be an important news block at 13:45 GMT.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, which show a further decrease. The important levels that prevent the rise are located at 1.1115. The important level that prevents the fall is located at 1.1081. 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. May expected a further decrease. The important level that prevents the rise is located at 103.25. The important level that prevents the fall is located at 102.74. 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 1335. The important level that prevents the fall is located at 1320. 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.