Daily market review for 22.11.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and increased to the level 1.24. AUD/USD trades positively and stay at the level 0.73. Currency pair USD/JPY decreased to the level 110 and trades negatively. Pair USD/CHF increased to the level 1.01 and trades in a narrow corridor. Gold trades positively, asset's price increased to the level 1216.

Market news

For Europe, there will be no important news today. For US pay attention to news block at 15:00 GMT. For Britain, pay attention to CBI Industrial Trends Orders (Nov) at 11:00 GMT. For Switzerland and Australia there will be no important news today.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0648. The important level that prevents the fall is located at 1.0603. 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 1.2510. The important level that prevents the fall is located at 1.2463. 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 0.7403. The important level that prevents the fall is located at 0.7368. 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, that show a further decrease. Important level that prevents the rise is located at 111.22. The important level that prevents the fall is located at 110.30. 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 1.0117. The important level that prevents the fall is located at 0.0070. 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 1220. The important level that prevents the fall is located at 1213. 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.