Trading tactics for 24.11 - 28.11

EUR/USD

EUR/USD trades near the resistance level. The pair is likely to expect a release of important financial news. If the asset falls actively, 1.24405 will be possible to reach. After this scenario, EUR/USD can repeat its previous downtrend direction.

As regards to financial news, we recommend to pay attention to the quarterly GDP report in the USA. Trading binary options can rise actively on background of such data.

Trading tactics for binary options look as follows:

- If EUR/USD rises, we recommend to buy higher than 1.25975.

- In case of breaching 1.24405, we recommend to focus on selling the asset.

We recommend: TO SELL.

 

GBP/USD

Price chart for GBP/USD trades in an uncertain direction in a range between 1.57338 and 1.56100. In case of possible breaching lower than 1.56100, there will be a good signal to trade binary options. It is also possible, that the price chart will confidently move down trends.

No important economic statistics for the UK, which could possibly affect the market, will be published on this week. Therefore we recommend to pay attention to the boundary levels in the price chart.

Trading tactics for binary options look as follows:

- In case of intense sales, a new target down to 1.56100 will be opened.

- In case of buying, there will be a signal to buy up to 1.57338.

We recommend: TO AWAIT.

 

USD/JPY

USD/JPY tends to fall. The first level, which the price chart can reach to during decreasing is 116.74. Besides, after trading Call Options, a «cooling» of interest among traders has been noticed. The current situation on the market can cause possible sales.

Trading tactics for binary options look as follows:

- In case of intense sales down to 118.66 can give a signal to reach to 116.74.

- Buying can keep the asset in a 118.66 range.

We recommend: TO SELL.

 

AUD/USD

AUD/USD shows a signal for possible sales. A confident breaching of 0.85771 can give a reason for a further fall. Besides that, the Australian dollar repeatedly attempted to form a down trend direction. The price chart’s one more try to go lower, can become a strong signal for selling among traders.

Trading tactics for binary options look as follows:

- The technical barrier is located at 0.86846.

- Future sales of AUD/USD can keep the asset in a 0.85771 range.

We recommend: TO SELL.

 

GOLD

The price chart for GOLD attempts to go upwards. The actual target is 1205.86. A breach of this price level will give a good signal to perform a further selling. Possible sales can keep the price chart in an 1185.43 range.

Trading tactics for binary options look as follows:

- If 1205.86 has been breached, a target for a further rise will be opened.

- In case of sales, the price chart will reach 1185.43.

We recommend: TO BUY.

 

SP500

SP500 tends to rise further. During the last week the positive macroeconomic data for the USA was published. It gave a strong signal to buy the index. If the price chart moves in direction of sales, a new target at 2022.3 will be opened.

Trading tactics for binary options look as follows:

- If 2060.2 has been breached, a new phase of purchases will begin.

- In case of selling the asset, the price chart will go up to 2022.3.

We recommend: TO BUY.

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.