Daily market review for 10.11.2016

EUR/USD trades in narrow corridor, pair decreased to the level 1.09. GBP/USD trades in a narrow corridor and stay at the level 1.24. AUD/USD trades positively and stay at the level 0.76. Currency pair USD/JPY increased to the level 105 and trades in positively. Pair USD/CHF decreased to the level 0.98 and trades positively. Gold trades negatively, asset's price decreased to the level 1283.

Market news

For Europe, there will be no important news today. For America, pay attention to IEA Monthly Report at 9:00, Initial Jobless Claims at 13:30 and news block at 14:15 GMT. For Britain, there will be no important news today. For Switzerland and Australia pay attention to already published news.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0952. The important level that prevents the fall is located at 1.0913. 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 1.2441. The important level that prevents the fall is located at 1.2394. 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 0.7753. The important level that prevents the fall is located at 0.7650. 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 105.77. The important level that prevents the fall is located at 104.95. 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 0.9845. The important level that prevents the fall is located at 0.9819. 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, that show a further decrease. The important level that prevents the rise is located at 1288. The important level that prevents the fall is located at 1276. 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.