Daily market review for 27.06.2016

The values of all the three assets have significantly changed after the results of the Brexit referendum. EUR/USD has dropped to the 1.09 level and currently continues to trade negatively. USD/JPY trades in a narrow range near the 101 mark. Gold has reached its 2-year high at 1356. Now the asset's price has stopped at 1327. It has tendencies for a further growth.

Market news

There will be no important data for the Eurozone and the USA.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, which show a further decrease. The important level that prevents the rise is located at 1.1188. The important level that prevents the fall is located at 1.0983. 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 range. Moving averages stay horizontally, but there might be a further decrease. The important level that prevents the rise is located at 103.23. The important level that prevents the fall is located at 99.91. 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, which show a further increase. The important level that prevents the rise is located at 1335. The important level that prevents the fall is located at 1306. 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.