Trading tactics for 02.07.2018 - 06.07.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1677. The nearest resistance level is located at levels 1.1689. The nearest support levels are located at 1.1605 and 1.1525.

For Europe, pay attention to German Manufacturing PMI (Jun).

For USA, we recommend paying attention to ADP Nonfarm Employment Change (Jun), SM Non-Manufacturing PMI (Jun), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Jun) and Unemployment Rate (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1689 and higher.

- In case of fall, we recommend to sell down to 1.1525

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3199. There might be tendencies for the future growth. The nearest resistance level is located at 1.3253. The nearest support levels are located at .3149 and 1.3047.

For Britain, pay attention to Manufacturing PMI (Jun), Construction PMI (Jun) and Services PMI (Jun).

For USA, we recommend paying attention to ADP Nonfarm Employment Change (Jun), SM Non-Manufacturing PMI (Jun), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Jun) and Unemployment Rate (Jun).

- In case of rise, we recommend to buy up 1.3253

- In case of fall, we recommend to sell down 1.3047

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7398. The nearest resistance level is located at 0.7407. The nearest support levels are located at levels 0.7364 and 0.7320

For Australia, pay attention to Retail Sales (MoM) (May), RBA Rate Statement and RBA Interest Rate Decision (Jul).

For USA, we recommend paying attention to ADP Nonfarm Employment Change (Jun), SM Non-Manufacturing PMI (Jun), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Jun) and Unemployment Rate (Jun).

- In case of rise, we recommend to buy up to 0.7407

- In case of fall, we recommend to sell down 0.7320

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently and closed the level 110.66. The nearest resistance level is located at 110.92. The nearest support levels are located at 110.20 and 109.53.

For Japan, there will be no important news today.

For USA, we recommend paying attention to ADP Nonfarm Employment Change (Jun), SM Non-Manufacturing PMI (Jun), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Jun) and Unemployment Rate (Jun).

- In case of rise, we recommend to buy up to 110.92

- In case of fall, we recommend to sell down 109.53

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9891. Important resistance levels are located at 0.9930 and 9990. Nearest support level is located at 0.9882.

For Switzerland, there will be no important news today.

For USA, we recommend paying attention to ADP Nonfarm Employment Change (Jun), SM Non-Manufacturing PMI (Jun), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Jun) and Unemployment Rate (Jun).

- In case of rise, we recommend to buy up to 0.9990

- In case of fall, we recommend to sell down 0.9882

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1252. Important resistance levels are located at 1253 and 1261. Nearest support level is located at 1245.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1261

- In case of fall, we recommend to sell down 1245

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.