Daily market review for 19.02.2016

EUR/USD is still located near the 1.11 level. The pair trades positively, but has no clear trend. GBP/USD, just like EUR/USD, trades positively and keeps perspectives for a further rise. USD/JPY has fallen down to the 112 mark, but now has started to gradually increase in value. The pair has tendencies for a further growth. Gold has risen up to the 1239 mark, but currently trades in a narrow range. The asset's price has stopped near its maximum values at 1226. Any of the price chart's further moves will give traders a chance to make good profit.

Market news

Important statistics for the UK and the USA are expected today. As to the UK, we recommend to pay attention to the Retails sales report, the data is expected to be better than the previous one and can positively affect the British pound. As to the USA, the Core consumer price index report will be released. The data is expected to remain on the same level and can positively influence the American dollar.

Our recommendations

EUR/USD trades positively. Moving averages stay horizontally, but there might be a further increase. The important levels that prevent the rise are located at 1.1130 and 1.1150. The important level that prevents the fall is located at 1.1071. 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, which show a further increase. The important levels that prevent the rise are located at 1.4347 and 1.4395. The important level that prevents the fall is located at 1.4273. 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, which show a further increase. The important levels that prevent the rise are located at 0.7142 and 0.7172. The important level that prevents the fall is located at 0.7092. 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, which show a further increase. The important levels that prevent the rise are located at 113.39 and 114.02. The important level that prevents the fall is located at 112.71. 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 horizontally, but there might be a further increase. The important levels that prevent the rise are located at 0.9938 and 0.9969. The important level that prevents the fall is located at 0.9905. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/RUB trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 76.62. The important levels that prevent the fall are located at 75.41 and 74.81. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades in a narrow range. Moving averages stay horizontally, but there might be a further increase. The important level that prevents the rise is located at 1239. The important levels that prevent the fall are located at 1222 and 1200. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.