Daily market review for 31.08.2016

EUR/USD trades negatively, pair stayed at the level 1.11. GBP/USD trades in a narrow corridor and increased to the level 1.31. AUD/USD trades in a narrow corridor and stay at the level 0.75. Currency pair USD/JPY stay at the level 102 and trades positively. Pair USD/CHF increased to the level 0.98 and trades negatively. Gold trades negatively, asset's price decreased to the level 1314.

Market news

For Europe pay attention to important news blocks at 7:00, 7:55 and 9:00 GMT time. For US there will be an important news blocks at 14:00 GMT time. For Britain there will important news block at 6:00 GMT. For Switzerland there will be no important news today. For Australia pay attention to already published news.

Our recommendations

EUR/USD trades negatively. Moving averages stay down, that show a further decrease. The important level that prevents the rise is located at 1.1161. The important level that prevents the fall is located at 1.1135. 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 1.3115. The important level that prevents the fall is located at 1.3065. 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 0.7532. The important level that prevents the fall is located at 0.7507. 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 103.21. The important level that prevents the fall is located at 102.85. 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 0.9840. The important level that prevents the fall is located at 0.9822. 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, that show a further decrease. The important level that prevents the rise is located at 1315. The important level that prevents the fall is located at 1309. 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.