Daily market review for 15.11.2016

EUR/USD trades positively, pair stay at the level 1.07. GBP/USD trades in a narrow corridor and decreased to the level 1.24. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY decreased to the level 107 and trades negatively. Pair USD/CHF increased to the level 0.99 and trades negatively. Gold trades positively, asset's price increased to the level 1228.

Market news

For Europe, pay attention to news blocks at 7:00, 7:30, 8:00, 10:00 GMT. For US pay attention to news block at 13:30 and to FOMC Member Fisher Speech at 18:30 GMT. For Britain, pay attention to news block at 9:30 GMT and to Inflation Report Hearings at 10:00 GMT. For Switzerland and Australia there will be no important news.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.0791. The important level that prevents the fall is located at 1.0744. 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 1.2500. The important level that prevents the fall is located at 1.2464. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades in a narrow corridor. The important level that prevents the rise is located at 0.7575. The important level that prevents the fall is located at 0.7534. 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, that show a further decrease. Important level that prevents the rise is located at 108.36. The important level that prevents the fall is located at 107.82. 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, that show a further decrease. The important level that prevents the rise is located 0.9977. The important level that prevents the fall is located at 0.9946. 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 1230. The important level that prevents the fall is located at 1223. 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.