Daily market review for 19.10.2016

EUR/USD trades negatively, pair decreased to the level 1.09. GBP/USD negatively and stay at the level 1.22. AUD/USD trades in a narrow corridor and stay at the level 0.76. Currency pair USD/JPY decreased to the level 103 and trades in a narrow corridor. Pair USD/CHF stay at the level 0.99 and trades in a narrow corridor. Gold trades in a narrow corridor, asset's price increased to the level 1260.

Market news

For US pay attention to new block at 12:30 and to OMC Member Harker Speech at 16:15, FOMC Member Kaplan Speech at 17:30, Beige Book at 18:00 GMT and to FOMC Member Dudley Speech at 23:45 GMT. For Britain pay attention to a news block at 8:30 GMT. For Switzerland and Australia there will be no important news today.

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 1.0998. The important level that prevents the fall is located at 1.0972. 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, that show a further decrease. The important level that prevents the rise is located at 1.2313. The important level that prevents the fall is located at 1.2274. 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 0.7689. The important level that prevents the fall is located at 0.7660. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades in a narrow corridor. Important level that prevents the rise is located at 103.94. The important level that prevents the fall is located at 103.64. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

 

USD/CHF trades in a narrow corridor. Moving averages stay up, that show a further increase. The important level that prevents the rise is located 0.9904. The important level that prevents the fall is located at 0.9873. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades in a narrow corridor. The important level that prevents the rise is located at 1264. The important level that prevents the fall is located at 1259 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.