Daily market review for 09.09.2016

EUR/USD trades negatively, pair stay at the level 1.12. GBP/USD trades positively and stay at the level 1.33. AUD/USD trades negatively and stay at the level 0.76. Currency pair USD/JPY increased to the level 102 and trades positively. Pair USD/CHF increased to the level 0.97 and trades positively. Gold trades in a narrow corridor, asset's price decreased to the level 1333.

Market news

For Europe pay attention to German Trade Balance for July at 6:00 and to Eurogroup Meetings at 13:00 GMT. For US pay attention to news block at 13:30 GMT. For Britain pay attention to news block at 8:30 GMT. For Switzerland pay attention to important news block at 5:45 GMT. For Australia pay attention to CFTC AUD speculative net positions at 19:30 GMT time.

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 1.1284. The important level that prevents the fall is located at 1.1259. 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 1.3335. The important level that prevents the fall is located at 1.3286. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 0.7655. The important level that prevents the fall is located at 0.7595. 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 102.73. The important level that prevents the fall is located at 101.95. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located 0.9745. The important level that prevents the fall is located at 0.9709. 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. The important level that prevents the rise is located at 1339. The important level that prevents the fall is located at 1332. 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.