Trading tactics for 04.06.2018 - 08.06.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1651. The nearest resistance level is located at level 1.1723. The nearest support levels are located at 1.1610 and 1.1517.

For Europe, pay attention to German Unemployment Change (May).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (May), JOLTs Job Openings (Apr) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1723 and higher.

- In case of fall, we recommend to sell down to 1.1517.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3343. There might be tendencies for the future growth. The nearest resistance level is located at 1.3360. The nearest support levels are located at 1.3290 and 1.3226.

For Britain, pay attention to Services PMI (May) and Manufacturing Production (MoM) (Apr).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (May), JOLTs Job Openings (Apr) and Crude Oil Inventories.

- In case of rise, we recommend to buy up 1.3360

- In case of fall, we recommend to sell down 1.3226

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7562. The nearest resistance level is located at 0.7591. The nearest support levels are located at 0.7534 and 0.7474.

For Australia, pay attention to RBA Interest Rate Decision (Jun), RBA Rate Statement and GDP (QoQ) (Q1).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (May), JOLTs Job Openings (Apr) and Crude Oil Inventories.

- In case of rise, we recommend to buy up to 0.7591

- In case of fall, we recommend to sell down 0.7474

We recommend: TO BUY

 

EUR/JPY

EUR/JPY all week was trading differently and closed the level 127.61. The nearest resistance level is located at 128.10. The nearest support levels are located at 126.21 and 124.59.

For Japan, pay attention to GDP (QoQ) (Q1).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (May), JOLTs Job Openings (Apr) and Crude Oil Inventories.

- In case of rise, we recommend to buy up to 128.10

- In case of fall, we recommend to sell down 124.59

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9872. Important resistance levels are located at 0.9911 and 0.980. Nearest support level is located at 0.9824.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (May), JOLTs Job Openings (Apr) and Crude Oil Inventories.

- In case of rise, we recommend to buy up to 0.9911

- In case of fall, we recommend to sell down 0.9824

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1293. Important resistance levels are located at 1296 and 1306. Nearest support levels are located at 1288.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1306

- In case of fall, we recommend to sell down 1288

We recommend: TO SELL

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.