Daily market review for 11.12.2015

EUR/USD trades negatively, but is still located near the 1.09 level. There might be a further increase. GBP/USD, just like EUR/USD, trades negatively and has perspectives for a further decline. The American dollar has significantly strengthened in pair with other currencies. Today traders expect the important news block for the USA, which defines further trends of all four assets. USD/JPY trades positively and has tendencies for a further rise. Gold trades negatively, but began to gradually increase in value.

Market news

Only some secondary data for the Eurozone and the UK will be published today, which will not strongly affect the market. The important news block for the USA is expected today. We recommend to pay attention to the Core Retail Sales and the Producer Price Index (PPI) reports. The data is expected to be better than the previous one and can positively influence the American dollar.

Our recommedations

EUR/USD trades negatively. Moving averages stay horizontally, but there might be a further increase. The important levels that prevent the rise are located at 1.0999 and 1.0973. The important level that prevents the fall is located at 1.0925. 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 stay down, which show a further decrease. The important levels that prevent the rise are located at 1.5201 and 1.5180. The important level that prevents the fall is located at 1.5120. 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 stay horizontally, but there might be a further increase. The important level that prevents the rise is located at 0.7312. The important level that prevents the fall is located at 0.7235. 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 stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 122.23. The important levels that prevent the fall are located at 121.56 and 121.27. 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 range. Moving averages stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 0.9908. The important levels that prevent the fall are located at 0.9864 and 0.9834. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/RUB trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 69.32. The important levels that prevent the fall are located at 68.83 and 68.56. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages stay up, and there might be a further increase. The important levels that prevent the rise are located at 1075 and 1071. The important level that prevents the fall is located at 1065. 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