Trading tactics for 25.06.2018 - 29.06.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1655. The nearest resistance level is located at level 1.1673. The nearest support levels are located at 1.1594 and 1.1507.

For Europe, pay attention to EU Leaders Summit, German Unemployment Change (Jun) and to CPI (YoY) (Jun).

For USA, we recommend paying attention to New Home Sales (May), CB Consumer Confidence (Jun), Core Durable Goods Orders (MoM) (May), Pending Home Sales (MoM) (May), Crude Oil Inventories and to GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1673 and higher.

- In case of fall, we recommend to sell down to 1.1507

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3261. The nearest resistance level is located at 1.3312. The nearest support levels are located at 1.3185 and 1.3100.

For Britain, pay attention to GDP (QoQ) (Q1), GDP (YoY) (Q1) and to BoE Gov Carney Speech.

For USA, we recommend paying attention to New Home Sales (May), CB Consumer Confidence (Jun), Core Durable Goods Orders (MoM) (May), Pending Home Sales (MoM) (May), Crude Oil Inventories and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up 1.3312

- In case of fall, we recommend to sell down 1.3100

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7437. The nearest resistance level is located at 0.7442. The nearest support levels are located at levels 0.7393 and 0.7344.

For Australia, pay attention to HIA New Home Sales (MoM) (Oct) and Private Sector Credit (MoM) (May).

For USA, we recommend paying attention to New Home Sales (May), CB Consumer Confidence (Jun), Core Durable Goods Orders (MoM) (May), Pending Home Sales (MoM) (May), Crude Oil Inventories and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 0.7442

- In case of fall, we recommend to sell down 0.7344

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently and closed the level 109.94. The nearest resistance levels are located at 110.20 and 110.74. The nearest support level is located at 109.69.

For Japan, there will be no important news.

For USA, we recommend paying attention to New Home Sales (May), CB Consumer Confidence (Jun), Core Durable Goods Orders (MoM) (May), Pending Home Sales (MoM) (May), Crude Oil Inventories and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 110.74

- In case of fall, we recommend to sell down 109.69

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9870. Important resistance levels are located at 0.9918 and 0.9985. Nearest support level is located at 0.9870.

For Switzerland, pay attention to KOF Leading Indicators (Jun).

For USA, we recommend paying attention to New Home Sales (May), CB Consumer Confidence (Jun), Core Durable Goods Orders (MoM) (May), Pending Home Sales (MoM) (May), Crude Oil Inventories and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 0.9985

- In case of fall, we recommend to sell down 0.9870

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1279. Important resistance levels are located at 1269 and 1279. Nearest support levels are located at 1261.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1379

- In case of fall, we recommend to sell down 1261

We recommend: TO AWAIT

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.