Daily market review for 25.08.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.12. Pair GBP/USD trades in a narrow corridor, and increased to the level 1.32. AUD/USD trades positively, and stay at the level 0.76. Currency pair USD/JPY stay at the level 100 and trades positively. Pair USD/CHF trades in a narrow corridor and stay at the level 0.96. Gold trades in a narrow corridor, but asset's price decreased to the level 1325.

Market news

For Europe, there will be an important news block at 8:00 GMT. For US there will be one important news block at 12:30 GMT time. . For Britain, there will be no important news today. For Switzerland there will be no important news today, we recommend paying attention to already published news for Australia.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1275. The important level that prevents the fall is located at 1.1258. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.3263. The important level that prevents the fall is located at 1.3218. 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 up, that show a further increase. The important level that prevents the rise is located at 0.7671. The important level that prevents the fall is located at 0.7583. 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, that show a further increase. Important level that prevents the rise is located at 100.61. The important level that prevents the fall is located at 100.38. 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 corridor. The important level that prevents the rise is located at 0.9676. The important level that prevents the fall is located at 0.9661. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades in a narrow corridor. Important level that prevents the rise is located at 1326. The important level that prevents the fall is located at 1323. 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.