Trading tactics for 10.10.2016 - 14.10.2016

EUR/USD

First part of the week EUR/USD was trading positively, other week half pair started to fall and closed at level 1.1199. There might be tendencies for the future growth. The nearest resistance level is located at 1.1238. The nearest support levels are located at 1.1168 and 1.1103.

For Europe, this week, we recommend paying attention to German ZEW Economic Sentiment for October and Eurogroup Meetings.

For USA, we recommend to pay attention to FOMC Meeting Minutes, Crude Oil Inventories, Core Retail Sales (MoM) for September, PPI (MoM) for September, Retail Sales (MoM) for September and Fed Chair Yellen Speech.

- In case of rise, we recommend to buy up to 1.1238 and higher.

- In case of fall, we recommend to sell down to 1.1103.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading in a narrow corridor and closed by cutting fall in the end of the week at level 1.2430. Might be expected future fall. The nearest resistance level is located at 1.2873. The nearest support levels are located at 1.2379 amd 1.1939

For Britain, we recommend paying attention to CFTC GBP speculative net positions and RICS House Price Balance for September.

For USA, we recommend to pay attention to FOMC Meeting Minutes, Crude Oil Inventories, Core Retail Sales (MoM) for September, PPI (MoM) for September, Retail Sales (MoM) for September and Fed Chair Yellen Speech.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2873

- In case of fall, we recommend to sell down 1.1939

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading negatively and closed in a narrow corridor at level 0.7585. The nearest resistance levels are located at 0.7623 and 0.7691. The nearest support levels is located at level 0.7552.

For Australia, we recommend to pay attention to Home Loans (MoM) for August and RBA Financial Stability Review.

For USA, we recommend to pay attention to FOMC Meeting Minutes, Crude Oil Inventories, Core Retail Sales (MoM) for September, PPI (MoM) for September, Retail Sales (MoM) for September and Fed Chair Yellen Speech.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7691

- In case of fall, we recommend to sell down 0.7552

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading positively and closed by fall to the level 102.88. The nearest resistance level is located at 104.15. The nearest support levels are located at 102.78 and 101.52.

For Japan, we recommend to pay attention to Current Account n.s.a. for August and Adjusted Current Account.

For USA, we recommend to pay attention to FOMC Meeting Minutes, Crude Oil Inventories, Core Retail Sales (MoM) for September, PPI (MoM) for September, Retail Sales (MoM) for September and Fed Chair Yellen Speech.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 104.15

- In case of fall, we recommend to sell down 102.52

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading diferently. Pair closed at level 0.9775. Important resistance level is located at 0.9837. Nearest support levels are located at levels 0.9775 and 0.9718.

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

For USA, we recommend to pay attention to FOMC Meeting Minutes, Crude Oil Inventories, Core Retail Sales (MoM) for September, PPI (MoM) for September, Retail Sales (MoM) for September and Fed Chair Yellen Speech.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9837.

- In case of fall, we recommend to sell down 0.9718.

We recommend: TO SELL

 

GOLD

Previous week GOLD formed was trading negatively and closed in a narrow corridor at the level 1256. Important resistance levels are located at 1276 and 1314. Nearest support level is located at levels 1241.

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 AWAIT

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.