Trading tactics for 03.10.2016 - 07.10.2016

EUR/USD

Almost all week EUR/USD was trading in narrow corridor, and then there were some positive trends, bur pair closed in the narrow corridor at level 1.1239. There might be tendencies for the future growth. The nearest resistance level is located at 1.1256. The nearest support levels are located at 1.1205 and 1.1153.

For Europe, this week, we recommend paying attention to German Manufacturing PMI for September, ECB Publishes Account of Monetary Policy Meeting and to Services PMI for September.

For USA, we recommend to pay attention to ISM Manufacturing PMI for September, ADP Nonfarm Employment Change for September, Nonfarm Payrolls for September and to Unemployment Rate for September.

- In case of rise, we recommend to buy up to 1.1256 and higher.

- In case of fall, we recommend to sell down to 1.1153.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading in a narrow corridor and closed negatively at the level 1.2978. Might be expected future fall. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3057 and 1.2986. The nearest support level is located at 1.2936.

For Britain, we recommend paying attention to Manufacturing PMI for September, Construction PMI for September, Services PMI for September and to Manufacturing Production (MoM) for August.

For USA, we recommend to pay attention to ISM Manufacturing PMI for September, ADP Nonfarm Employment Change for September, Nonfarm Payrolls for September and to Unemployment Rate for September.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3057

- In case of fall, we recommend to sell down 1.2936

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week cleated many different trends and closed positively at level 0.7656. The nearest resistance level is located at 0.7710. The nearest support levels are located at levels 0.7641 and 0.7589.

For Australia, we recommend to pay attention to CFTC AUD speculative net positions, Trade Balance for August and to Interest Rate Decision for October.

For USA, we recommend to pay attention to ISM Manufacturing PMI for September, ADP Nonfarm Employment Change for September, Nonfarm Payrolls for September and to Unemployment Rate for September.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7710

- In case of fall, we recommend to sell down 0.7589

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading in a narrow corridor and closed at level 101.32. Might be expected future fall. The nearest resistance level is located at 101.77. The nearest support levels are located at 100.92 and 100.08.

For Japan, we recommend to pay attention to 10-Year JGB Auction and CFTC JPY speculative net positions.

For USA, we recommend to pay attention to ISM Manufacturing PMI for September, ADP Nonfarm Employment Change for September, Nonfarm Payrolls for September and to Unemployment Rate for September.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 101.77

- In case of fall, we recommend to sell down 100.08

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading positively. Pair closed at level 0.9711. Important resistance level is located at 0.9752. Nearest support levels are located at level 0.9690 and 0.9639.

For Switzerland, pay attention to SVME PMI for September and CPI (MoM) for September.

For USA, we recommend to pay attention to ISM Manufacturing PMI for September, ADP Nonfarm Employment Change for September, Nonfarm Payrolls for September and to Unemployment Rate for September.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9752

- In case of fall, we recommend to sell down 0.9639

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading negatively, but closed by cutting fall to level 1315, but there might be tendencies for the future growth. Important resistance level are located at 1327 and 1341. Nearest support level is located at levels 1313.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1341

- In case of fall, we recommend to sell down 1313.

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.