Daily market review for 27.10.2016

EUR/USD trades in a narrow corridor, pair increased to the level 1.09. GBP/USD trades in a narrow corridor and increased to the level 1.22. AUD/USD trades in a narrow corridor and stay at the level 0.76. Currency pair USD/JPY stay at the level 104 and trades positively. Pair USD/CHF stay at the level 0.99 and trades in a narrow corridor. Gold trades positively, asset's price decreased to the level 1267.

Market news

For Europe, there will be no important news today. For America pay attention to news blocks at 12:30 and 14:00 GMT. For Britain pay attention to news block at 8:30 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 1.0910. The important level that prevents the fall is located at 1.0891. 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 1.2248. The important level that prevents the fall is located at 1.2204. 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 0.7651. The important level that prevents the fall is located at 0.7620. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/JPY trades positively. Moving averages stay up, that show a further increase. Important level that prevents the rise is located at 104.37. The important level that prevents the fall is located at 104.01. 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. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located 0.9946. The important level that prevents the fall is located at 0.9931. 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 1267. The important level that prevents the fall is located at 1264. 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.