Daily market review for 30.09.2016

EUR/USD trades in a narrow corridor, pair stay at the level 1.12. GBP/USD trades in a narrow corridor and decreased to the level 1.29. AUD/USD trades in a narrow corridor and stay at the level 0.76. Currency pair USD/JPY stay at the level 101 and trades negatively. Pair USD/CHF decreased to the level 0.96 and trades positively. Gold trades in a narrow corridor, asset's price decreased to the level 1322.

Market news

For Europe pay attention to German Retail Sales (MoM) for August at 6:00 GMT and to an important news block at 9:00 GMT. For US pay attention to three important news blocks at 12:30, 14:00 and 19:30 GMT. For Britain pay attention to two news blocks at 6:00 and 8:30 GMT. For Australia pay attention to CFTC AUD speculative net positions at 19:30 GMT. For Switzerland pay attention to KOF Leading Indicators for September at 7:00 GMT. For Japan pay attention to CFTC JPY speculative net positions at 19:30 GMT.

Our recommendations

EUR/USD trades in a narrow corridor. The important level that prevents the rise is located at 1.1223. The important level that prevents the fall is located at 1.1203. 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 1.2974. The important level that prevents the fall is located at 1.2945. 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 0.7636. The important level that prevents the fall is located at 0.7613. 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. Important level that prevents the rise is located at 101.77. The important level that prevents the fall is located at 100.91. 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 0.9667. The important level that prevents the fall is located at 0.9654. 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 1324. The important level that prevents the fall is located at 1319. 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.