Daily market review for 28.11.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.06. GBP/USD trades in a narrow corridor and stay at the level 1.24. AUD/USD trades in a narrow corridor and stay at the level 0.74. Currency pair USD/JPY decreased to the level 111 and trades in a narrow corridor. Pair USD/CHF decreased at the level 1.00 and trades negatively. Gold trades positively, asset's price increased to the level 1193.

Market news

For Europe, pay attention to ECB President Draghi Speech at 14:00 and to CFTC EUR speculative net positions at 20:30 GMT. For US, pay attention to news blocks at 20:30 GMT. For Britain, pay attention to CFTC GBP speculative net positions at 20:30 GMT. For Switzerland, there will be no important news today. For Australia pay attention to CFTC AUD speculative net positions at 20:30 GMT.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.0681. The important level that prevents the fall is located at 1.0620. 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 1.2530. The important level that prevents the fall is located at 1.2463. 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 0.7478. The important level that prevents the fall is located at 0.7432. 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 112.44. The important level that prevents the fall is located at 111.34. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located 1.0115. The important level that prevents the fall is located at 0.0079. 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 1197. The important level that prevents the fall is located at 11790. 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.