Daily market review for 21.06.2016

EUR/USD continues to trade positively near the 1.13 level. It has perspectives for a further rise. USD/JPY gradually increases in value, but still locates near its low at 104. Gold's value has reached the 1294 mark, but afterwards started to fall. Gold's price has stopped at 1284. The asset has tendencies for a further decline.

Market news

As to the Eurozone, the German ZEW economic sentiment will be published. As to the USA, the Fed's Chairman Yellen will perform a speech.

Our recommendations

EUR/USD trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.1357. The important level that prevents the fall is located at 1.1302. 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 level that prevents the rise is located at 104.65. The important level that prevents the fall is located at 103.59. 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, which show a further decrease. The important level that prevents the rise is located at 1293. The important level that prevents the fall is located at 1277. 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.