Daily market review for 25.11.2015

EUR/USD trades positively and has perspectives for a further rise. Many investors are intended to increase sales and focus on 1.04. In order to further increase in value, some positive data for the Eurozone or some negative news for the USA will be necessary. GBP/USD, just like EUR/USD, trades positively. The pair keeps tendencies for a further rise. USD/JPY trades negatively and has perspectives for a further fall. Gold trades positively and has perspectives for a further growth.

Market news

Important statistics for the Eurozone and the USA are expected today. No important data for the UK will be released today. As to the Eurozone, we recomend to pay attention to the German 10-year Bund Auction report, which can influence the further direction of the euro. As to the USA, we recommend to pay attention to the New Home Sales report for October, the data is expected to be better than the previous one and can positively affect the American dollar.

Our recommendations

EUR/USD trades positively. Moving averages stay horizontally, but there might be a further increase. The important level that prevents the rise is located at 1.0676. The important levels that prevent the fall are located at 1.0636 and 1.0621. 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 horizontally, but there might be a further increase. The important levels that prevent the rise are located at 1.5153 and 1.5112. The important level that prevents the fall is located at 1.5057. 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, which show a further increase. The important level that prevents the rise is located at 0.7276. The important levels that prevent the fall are located at 0.7203 and 0.7184. 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 level that prevents the rise is located at 122.95. The important levels that prevent the fall are located at 122.56 and 122.25. 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 levels that prevent the rise are located at 1.0192 and 1.0179. The important level that prevents the fall is located at 1.0143. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/RUB trades in a narrow range. Moving averages stay horizontally, but there might be a further increase. The important level that prevents the rise is located at 66.50. The important levels that prevent the fall are located at 64.00 and 64.70. 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 horizontally, but there might be a further increase. The important level that prevents the rise is located at 1080. The important levels that prevent the fall are located at 1076 and 1074. 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.