Daily market review for 18.02.2016

EUR/USD continues to trade positively with tendencies for a further rise. The pair is stil located near the 1.11 level. GBP/USD trades negatively by falling to the 1.42 mark. It has perspectives for a further decline. During the day the US important releases will have a strong impact on the pairs' values. USD/JPY still decreases in value and currently trades at 113. Gold's value has slightly grown by reaching the 1213 level. Now the asset's price has stopped at 1207. There might be a further increase. Traders might have a great chance to make good profit.

Market news

Only the US important statistics will be published today. We recommend to pay attention to the Philadelphia Fed Manufacturing index and the Crude oil inventories report. The data for both reports are expected to be better than the previous one and can positively affect the American dollar.

Our recommendations

EUR/USD trades positively. Moving averages stay up, which show a further increase. The important levels that prevent the rise are located at 1.1157 and 1.1179. The important level that prevents the fall is located at 1.1106. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GBP/USD trades negatively. Moving averages stay down, which show a further decrease. The important levels that prevent the rise are located at 1.4313 and 1.4339. The important level that prevents the fall is located at 1.4235. 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, which show a further decrease. The important level that prevents the rise is located at 0.7186. The important levels that prevent the fall are located at 0.7134 and 0.7083. 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, which show a further decrease. The important levels that prevent the rise are located at 114.11 and 114.51. The important level that prevents the fall is located at 113.38. 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, which show a further decrease. The important level that prevents the rise is located at 0.9941. The important levels that prevent the fall are located at 0.9898 and 0.9853. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/RUB trades negatively. Moving averages stay horizontally, but there might be a further decrease. The important levels that prevent the rise are located at 76.74 and 78.25. The important level that prevents the fall is located at 74.57. 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 horizontally, but there might be a further increase. The important level that prevents the rise is located at 1213. The important levels that prevent the fall are located at 1204 and 1200. 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