Daily market review for 29.09.2016

EUR/USD trades in a narrow corridor, pair increased to level 1.12. GBP/USD trades in a narrow corridor and stay at level 1.30. AUD/USD trades negatively and stay at the level 0.76. Currency pair USD/JPY increased to the level 101 and trades in a narrow corridor. Pair USD/CHF increased to the level 0.97 and trades positively. Gold trades in a narrow corridor, asset's price increased to the level 1322.

Market news

For Europe pay attention to two important news blocks at 7:00 and 7:55 GMT. For US pay attention to three important news blocks at 12:30, 14:00 and 12:00 GMT. For Britain, Australia and Switzerland 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 1.1234. The important level that prevents the fall is located at 1.1213. 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 1.3056. The important level that prevents the fall is located at 1.3013. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

AUD/USD trades negatively. Moving averages stay down, which show a further decrease. The important level that prevents the rise is located at 0.7709. The important level that prevents the fall is located at 0.7683. 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. Moving averages stay up, which show a further increase. Important level that prevents the rise is located at 101.48. The important level that prevents the fall is located at 100.67. We recommend to sell Put Options at the resistance levels and to buy Call Options at the support levels.

 

USD/CHF trades positively. The important level that prevents the rise is located 0.9714. The important level that prevents the fall is located at 0.9700. 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 1325. The important level that prevents the fall is located at 1320. 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.