Daily market review for 17.08.2016

EUR/USD trades negatively, pair stay at the level 1.12. GBP/USD trades in a narrow corridor and increased to the level 1.30. AUD/USD trades negatively and stay at the level 0.76. Currency pair USD/JPY stay at the level 100 and trades positively. Pair USD/CHF decreased to the level 0.96 and trades positively. Gold trades negatively, asset's price decreased to the level 1342.

Market news

For Europe there will no important news today. For US there will be an important news blocks at 14:30 GMT time. For Britain there will be an important news block at 8:30 GMT time. For Japan pay attention to an important news block at 23:50 GMT time. For Switzerland there will be no important news today. For Australia pay attention to already published 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 1.1289. The important level that prevents the fall is located at 1.1267. 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 1.3069. The important level that prevents the fall is located at 1.3024. 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 0.7706. The important level that prevents the fall is located at 0.7749. 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 100.90. The important level that prevents the fall is located at 100.15. 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 at 0.9633. The important level that prevents the fall is located at 0.9607. 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 1347. The important level that prevents the fall is located at 1342. 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.