Daily market review for 23.09.2016

EUR/USD trades in a narrow corridor, pair decreased to the level 1.11. GBP/USD trades in a narrow corridor and stay at the level 1.30. AUD/USD trades in a narrow corridor and decreased to the level 0.76. Currency pair USD/JPY decreased to the level 101 and trades negatively. Pair USD/CHF stay at the level 0.97 and trades in a narrow corridor. Gold trades in a narrow corridor, asset's price increased to the level 1334.

Market news

For Europe pay attention to two important news blocks at 6:45 and 7:30 GMT. For US pay attention also to two important news blocks at 11:45 and 19:30 GMT. For Britain pay attention to CFTC GBP speculative net positions at 19:30 GMT. For Australia pay attention to CFTC GBP speculative net positions at 19:30 GMT. For Switzerland 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 1.1210. The important level that prevents the fall is located at 1.1193. 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 1.3066. The important level that prevents the fall is located at 1.3032. 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 0.7649. The important level that prevents the fall is located at 0.7623. 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 101.23. The important level that prevents the fall is located at 100.68. 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 0.9704. The important level that prevents the fall is located at 0.9684. 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 1337. The important level that prevents the fall is located at 1333. 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.