Daily market review for 26.04.2016

EUR/USD trades positively near the 1.12 level. There might be a trend reversal during the day. USD/JPY still trades near the 111 mark and keeps perspectives for a further growth. Gold continues to trade negatively. The asset's value has dropped down to 1234. There might be a further decrease.

Market news

Only some important US data will be published today. We recommend to pay attention to the Core durable goods orders and the CB Consumer confidence.

Our recommendations

EUR/USD trades positively. Moving averages stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 1.1278. The important levels that prevent the fall are located at 1.1259 and 1.1243. 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 111.33. The important level that prevents the fall is located at 110.84. 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 level that prevents the rise is located at 1241. The important levels that prevent the fall are located at 1234 and 1230. 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.