Daily market review for 26.09.2016

EUR/USD trades negatively, pair increased to the level 1.12. GBP/USD trades in a narrow corridor and decreased to the level 1.29. AUD/USD trades positively and stay at the level 0.76. Currency pair USD/JPY decreased to the level 100 and trades in a narrow corridor. Pair USD/CHF stay at the level 0.97 and trades in a narrow corridor. Gold trades in a narrow corridor, asset's price decreased to the level 1333.

Market news

For Europe pay attention to important news blocks at 8:00 GMT and to ECB President Draghi Speaks at 15:05 GMR. For US pay attention also to important news block at 14:00 and FOMC Member Kaplan Speaks at 17:30 GMT. For Britain pay attention to BBA Mortgage Approvals at 8:30 GMT. For Australia there will be no important news, for Switzerland pay attention to SNB Chairman Thomas Jordan speaks at 9:30 GMT.

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 1.1240. The important level that prevents the fall is located at 1.1224. 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 1.2985. The important level that prevents the fall is located at 1.2958. 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 0.7529. The important level that prevents the fall is located at 0.7605. 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 101.07. The important level that prevents the fall is located at 100.69. 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 0.9701. The important level that prevents the fall is located at 0.9689. 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 1339. The important level that prevents the fall is located at 1332. 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.