Daily market review for 28.06.2016

EUR/USD has started to gradually increase in value. The pair has formed a clear positive trend and currently trades near the 1.10 level. USD/JPY trades negatively near the 102 mark. It has tendencies for a further decline. Gold has started to actively fall. Now the asset's price has stopped at 1315. It has tendencies for a further decrease.

Market news

As to the USA, the GDP data and the CB Consumer Confidence report will be published. There will be no important data for the Eurozone.

Our recommendations

EUR/USD trades positively. Moving averages stay up, which show a further increase. The important level that prevents the rise is located at 1.1083. The important levels that prevent the fall are located at 1.1010 and 1.0970. 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, which show a further decrease. The important level that prevents the rise is located at 102.20. The important level that prevents the fall is located at 101.40. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

GOLD trades negatively. Moving averages stay down, which show a further decrease. The important levels that prevent the rise are located at 1326 and 1333. The important level that prevents the fall is located at 1313. 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.