Trading tactics for 18.06.2018 - 22.06.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1603. The nearest resistance levels are located at levels 1.1683 and 1.1850. The nearest support level is located at 1.1542.

For Europe, pay attention to ECB President Draghi Speech and German Manufacturing PMI (Jun).

For USA, we recommend paying attention to Building Permits (May), Fed Chair Powell Speech, Existing Home Sales (May), Crude Oil Inventories and Philadelphia Fed Manufacturing Index (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1850 and higher.

- In case of fall, we recommend to sell down to 1.1542

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3275. The nearest resistance levels are located at 1.3322 and 1.3446. The nearest support level is located at 1.3208.

For Britain, pay attention to BoE Interest Rate Decision (Jun).

For USA, we recommend paying attention to Building Permits (May), Fed Chair Powell Speech, Existing Home Sales (May), Crude Oil Inventories and Philadelphia Fed Manufacturing Index (Jun).

- In case of rise, we recommend to buy up 1.3446

- In case of fall, we recommend to sell down 1.3208

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7615. The nearest resistance level is located at 0.7615. The nearest support levels are located at levels 0.7512 and 0.7432

For Australia, pay attention to RBA Meeting Minutes.

For USA, we recommend paying attention to Building Permits (May), Fed Chair Powell Speech, Existing Home Sales (May), Crude Oil Inventories and Philadelphia Fed Manufacturing Index (Jun).

- In case of rise, we recommend to buy up to 0.7615

- In case of fall, we recommend to sell down 0.7432

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently and closed the level 110.61. The nearest resistance level is located at 110.88. The nearest support levels are located at 110.32 and 109.90.

For Japan, pay attention to BoJ Press Conference and BoJ Monetary Policy Statement (YoY).

For USA, we recommend paying attention to Building Permits (May), Fed Chair Powell Speech, Existing Home Sales (May), Crude Oil Inventories and Philadelphia Fed Manufacturing Index (Jun).

- In case of rise, we recommend to buy up to 110.88

- In case of fall, we recommend to sell down 109.90

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9964. Important resistance level is located at 0.9987. Nearest support levels are located at 0.9916 and 0.9823.

For Switzerland, pay attention to SNB Interest Rate Decision, SNB Monetary Policy Assessment and SNB Press Conference.

For USA, we recommend paying attention to Building Permits (May), Fed Chair Powell Speech, Existing Home Sales (May), Crude Oil Inventories and Philadelphia Fed Manufacturing Index (Jun).

- In case of rise, we recommend to buy up to 0.9964

- In case of fall, we recommend to sell down 0.9823

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1279. Important resistance levels are located at 1285 and 1309. Nearest support levels are located at 1275.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1309

- In case of fall, we recommend to sell down 1275

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.