Daily market review for 02.12.2016

EUR/USD trades negatively, pair stay at the level 1.06. GBP/USD trades positively and increased to the level 1.26. AUD/USD trades positively and stay at the level 0.74. Currency pair USD/JPY increased to the level 114 and trades in a narrow corridor. Pair USD/CHF decreased to the level 1.00 and trades in a narrow corridor. Gold trades positively, asset's price decreased to the level 1173.

Market news

For Europe, there will be no important news today. For US, pay attention to news blocks at 13:30, 18:00 and 20:30 GMT. For Britain, pay attention to Construction PMI (Nov) at 9:30 and to CFTC GBP speculative net positions at 20:30 GMT. For Switzerland and Australia, there will be no important news.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that show a further decrease The important level that prevents the rise is located at 1.0688. The important level that prevents the fall is located at 1.0659. 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, that show a further increase. The important level that prevents the rise is located at 1.2625. The important level that prevents the fall is located at 1.2575. 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 0.7432. The important level that prevents the fall is located at 0.7400. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades in a narrow corridor. Important level that prevents the rise is located at 114.10. The important level that prevents the fall is located at 113.57. 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 1.0106. The important level that prevents the fall is located at 1.0092. 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 up, that show a further increase. The important level that prevents the rise is located at 1177. The important level that prevents the fall is located at 1172. 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.