Daily market review for 11.04.2016

EUR/USD trades positively and locates near the 1.14 level with perspectives for a further growth. USD/JPY still decreases in value. The pair is located near its 3-month low at 107. It has tendencies for a further fall. Gold's value is actively rising. The asset's price has stopped at 1251. It has tendencies for a further increase.

Market news

Today there will be no important data for the Eurozone and the USA.

Our recommendations

EUR/USD trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.1426. The important levels that prevent the fall are located at 1.1393 and 1.1352. 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 levels that prevent the rise are located at 108.33 and 108.92. The important level that prevents the fall is located at 107.64. 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 1252. The important levels that prevent the fall are located at 1243 and 1231. 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.