Trading tactics for 15.08.2016 - 19.08.2016

EUR/USD

EUR/USD was trading positively, but closed in the narrow corridor at level 1.1160. There might be tendencies for the future growth. The nearest resistance level is located at 1.1219. The nearest support levels are located at 1.1141 and 1.1067.

For Europe, this week, we recommend paying attention German ZEW Economic Sentiment for August and CPI (YoY) for July.

For USA, we recommend to pay attention to Building Permits for July, Core CPI (MoM) for July, Crude Oil Inventories and FOMC Meeting Minutes.

- In case of rise, we recommend to buy up to 1.1219 and higher.

- In case of fall, we recommend to sell down to 1.1067.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair made a negative trend in the end of the week and closed negatively at the level 1.2918. Might be expected future fall. The nearest resistance levels are located at 1.2990 and 1.3093. The nearest support level is located at 1.2902.

For Britain, there will be few important news. We recommend paying attention, to Average Earnings Index +Bonus for June, CPI (YoY) for July and Retail Sales (MoM) for July.

For USA, we recommend to pay attention to Building Permits for July, Core CPI (MoM) for July, Crude Oil Inventories and FOMC Meeting Minutes.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3093

- In case of fall, we recommend to sell down 1.2902

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week cleated many different trends and closed negatively at level 0.7615. The nearest resistance levels are located at 0.7689 and 0.7760. The nearest support levels is located at level 0.7621.

For Australia, we recommend to pay attention to RBA Meeting Minutes and Employment Change for July.

For USA, we recommend to pay attention to Building Permits for July, Core CPI (MoM) for July, Crude Oil Inventories and FOMC Meeting Minutes.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7689

- In case of fall, we recommend to sell down 0.7621

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading negatively and closed by cutting fall at level 101.28. Might be expected future fall. The nearest resistance levels are located at 101.67 and 102.52. The nearest support level is located at 100.82.

For Japan, we recommend to pay attention to few important news: Adjusted Trade Balance and Exports (YoY) for July.

For USA, we recommend to pay attention to Building Permits for July, Core CPI (MoM) for July, Crude Oil Inventories and FOMC Meeting Minutes.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 102.52

- In case of fall, we recommend to sell down 100.82

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading negatively. Pair closed at level 0.9745. Important resistance levels are located at 0.9775 and 0.9843. Nearest support level is located at level 0.9707.

For Switzerland, we recommend to pay attention to Unemployment Rate s.a. for PPI (MoM) for July.

For USA, we recommend to pay attention to Building Permits for July, Core CPI (MoM) for July, Crude Oil Inventories and FOMC Meeting Minutes.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9843

- In case of fall, we recommend to sell down 0.9707

We recommend: TO AWAIT

 

GOLD

Previous week GOLD formed many different trends, but closed by cutting fall to level 1336, but there might be tendencies for the future growth. Important resistance level are located at 1342 and 1357. Nearest support level is located at levels 1330.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1367

- In case of fall, we recommend to sell down 1330

We recommend: TO SELL

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.