Ransquawk

EUR/GBP – the H1 chart has a strong downward trend. Yesterday afternoon there was a correction, comparing to declines it is quite weak. It seems that this morning the price may return to vicinity of last minimum. Its breaking will mean continuation of the trend. It is therefore worth considering PUT option.

CAD/CHF – H4 chart indicates a strong uptrend and a breakout to new year’s maximum. The second day in a row we have to deal with correction of last increases. Price is close to local support based on earlier peaks. It seems that in this area it may be possible to complete the correction and initiate another growth impulse. So consider CALL option.

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