Daily market review for 21.11.2016

EUR/USD trades positively, pair stay at the level 1.06. GBP/USD trades negatively and stay at the level 1.23. AUD/USD trades positively and stay at the level 0.73. Currency pair USD/JPY increased to the level 111 and trades in a narrow corridor. Pair USD/CHF stay at the level 1.00 and trades in a narrow corridor. Gold trades positively, asset's price decreased to the level 1213.

Market news

For Europe pay attention to ECB President Draghi speech at 16:00 GMT. For US pay attention to FOMC Member Stanley Fischer Speech at 13:00 GMT. For Britain, Switzerland and Australia there will be no important news today.

Our recommendations

EUR/USD trades positively. Moving averages stay up, that show a further increase. The important level that prevents the rise is located at 1.0612. The important level that prevents the fall is located at 1.0578. 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 1.2362. The important level that prevents the fall is located at 1.2318. 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, that show a further increase. The important level that prevents the rise is located at 0.7338. The important level that prevents the fall is located at 0.7312. 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 111.16. The important level that prevents the fall is located at 110.64. 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. The important level that prevents the rise is located 1.0112. The important level that prevents the fall is located at 0.0086. 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 up, that show a further increase. The important level that prevents the rise is located at 1213. The important level that prevents the fall is located at 1205. 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.