Daily market review for 13.06.2016

EUR/USD trades in a narrow range near the 1.12 level. The price chart's further move is indefinite. USD/JPY trades negatively near the 105 level. It has perspectives for a further decline. Gold continues to actively increase in value. The asset's price has stopped at 1274. There might be a further rise.

Market news

There will be no important data for the Eurozone and the USA.

Our recommendations

EUR/USD trades in a narrow range. Moving averages stay horizontally, but there might be a further decrease. The important levels that prevent the rise are located at 1.1268 and 1.1312. The important level that prevents the fall is located at 1.1232. 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 106.64 and 107.18. The important level that prevents the fall is located at 105.82. 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 1278. The important levels that prevent the fall are located at 1272 and 1265. 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.