Daily market review for 13.04.2016

EUR/USD has fallen down to the 1.13 mark and currently trades negatively. It has perspectives for a further decline. USD/JPY still increases in value, but locates near its lows. The pair has tendencies for a further growth. Gold's value is actively falling. The asset's price is located at 1247. Traders have a good possibility to open profitable trades on the asset's further decrease.

Market news

The important US data will be published today. We recommend to pay attention to the Producer price index, the Retail sales and the Crude oil inventories. The data for all the three reports is expected to be better than the previous one and can have a strong impact on the USD's further value.

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 1.1391 and 1.1421. The important level that prevents the fall is located at 1.1346. 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 up, which show a further increase. The important level that prevents the rise is located at 108.95. The important levels that prevent the fall are located at 108.44 and 108.22. 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 down, which show a further decrease. The important levels that prevent the rise are located at 1256 and 1261. The important level that prevents the fall is located at 1247. 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.