Daily market review for 20.06.2016

EUR/USD trades positively near the 1.13 level. It has perspectives for a further growth. USD/JPY continues to trade near its minimum value at 104. The pair has started to gradually increase in value. Gold's price has dropped to the 1280 mark. The asset has tendencies for a further decline.

Market news

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 1.1383. The important levels that prevent the fall are located at 1.1308 and 1.1242. 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 104.84. The important level that prevents the fall is located at 104.11. 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 1291 and 1299. The important level that prevents the fall is located at 1280. 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.