Trading tactics for 26.09.2016 - 29.09.2016

EUR/USD

Almost all week EUR/USD was trading negatively, and then there were some positive trends, bur pair closed in the narrow corridor at level 1.1221. There might be tendencies for the future growth. The nearest resistance level is located at 1.1363. The nearest support levels are located at 1.1186 and 1.1122.

For Europe, this week, we recommend paying attention to German Unemployment Change for September, German Ifo Business Climate Index for September and CPI (YoY) for September.

For USA, we recommend to pay attention to New Home Sales for August, CB Consumer Confidence for September, Core Durable Goods Orders (MoM) for August, Crude Oil Inventories and GDP (QoQ) (Q2).

- In case of rise, we recommend to buy up to 1.1363 and higher.

- In case of fall, we recommend to sell down to 1.1122.

We recommend: TO BUY

 

GBP/USD

GBP/USD pair made a negative trend in the end of the week pair made a rapid increase and closed at the level 1.2960. There might be tendencies for the future growth, but pay attention to Britain news. The nearest resistance levels are located at 1.2997 and 1.3120. The nearest support level is located at 1.2913.

For Britain, we recommend paying attention to GDP (QoQ) (Q2), GDP (YoY) (Q2) and Current Account (Q2).

For USA, we recommend to pay attention to New Home Sales for August, CB Consumer Confidence for September, Core Durable Goods Orders (MoM) for August, Crude Oil Inventories and GDP (QoQ) (Q2).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3120

- In case of fall, we recommend to sell down 1.2913

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading positively and closed at level 0.7622. The nearest resistance level is located at 0.7673. The nearest support levels are located at levels 0.7599 and 0.7530.

For Australia, we recommend to pay attention to HIA New Home Sales (MoM) for September and Private Sector Credit (MoM) for August.

For USA, we recommend to pay attention to New Home Sales for August, CB Consumer Confidence for September, Core Durable Goods Orders (MoM) for August, Crude Oil Inventories and GDP (QoQ) (Q2).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7673

- In case of fall, we recommend to sell down 0.7530

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently and closed in a narrow coridor at level 101.98. Might be expected future fall. The nearest resistance levels are located at 101.37 and 102.78. The nearest support level is located at 100.09.

For Japan, we recommend to pay attention to Household Spending (MoM) for August, Jobs/applications ratio for August and Tokyo Core CPI (YoY) for September.

For USA, we recommend to pay attention to New Home Sales for August, CB Consumer Confidence for September, Core Durable Goods Orders (MoM) for August, Crude Oil Inventories and GDP (QoQ) (Q2).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 102.78

- In case of fall, we recommend to sell down 100.09

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading negatively. Pair closed at level 0.9699. Important resistance levels are located at 0.9732 and 0.9813. Nearest support level is located at level 0.9659.

For Switzerland, there will be no important news this week.

For USA, we recommend to pay attention to New Home Sales for August, CB Consumer Confidence for September, Core Durable Goods Orders (MoM) for August, Crude Oil Inventories and GDP (QoQ) (Q2).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9813.

- In case of fall, we recommend to sell down 0.9659.

We recommend: TO AWAIT

 

GOLD

Previous week GOLD formed many different trends, but closed in a narrow corridor at the level 1337, but there might be tendencies for the future growth. Important resistance level is located at 1343. Nearest support levels are located at levels 1324 and 1307.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1343

- In case of fall, we recommend to sell down 1307

We recommend: TO SELL

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.