Daily market review for 15.12.2015

EUR/USD trades positively and has reached the 1.10 level. The pair still keeps tendencies for a further growth. GBP/USD, just like EUR/USD, trades positively and keeps perspectives for a further rise. The American dollar has slightly weakened with other currencies. Traders expect the important economic releases today, which may cause opposite tendencies, or a further strengthening of the current trends. USD/JPY trades negatively and has perspectives for a further fall. Gold trades negatively and has tendencies for a further decline.

Market news

Important statistics for the Eurozone, the UK and the USA are expected today. As to the Eurozone, we recommend to pay attention to the German Zew Economic Sentiment report, the data is expected to be better than the previous one and can positively affect the euro. As to the UK and the USA, we recommend to pay attention to the Consumer Price Index reports, in both cases tha data is expected to remain on the same level, which can positively influence the British pound and the American dollar.

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 1.1048. The important levels that prevent the fall are located at 1.0986 and 1.0949. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.5199. The important levels that prevent the fall are located at 1.5137 and 1.5108. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades positively. Moving averages stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 0.7281. The important level that prevents the fall is located at 0.7195. 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 121.18 and 121.34. The important level that prevents the fall is located at 120.35. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades negatively. Moving averages stay down, which show a further decrease. The important level that prevents the rise is located at 0.9870. The important level that prevents the fall is located at 0.9791. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/RUB trades negatively. Moving averages stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 71.12. The important level, that prevents the fall is located at 70.00. 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 horizontally, but there might be a further increase. The important level that prevents the rise is located at 1074. The important level that prevents the fall is located at 1059. 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