Trading tactics for 18.12.2017 - 22.12.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1748. The nearest resistance levels are located at levels 1.1785 and 1.1862. The nearest support level is located at 1.1717.

For Europe, pay attention to CPI (YoY) (Nov) and to German Ifo Business Climate Index (Dec).

For USA, we recommend paying attention to Building Permits (Nov), Existing Home Sales (Nov), Crude Oil Inventories, GDP (QoQ) (Q3), Philadelphia Fed Manufacturing Index (Dec), Core Durable Goods Orders (MoM) (Nov) и на New Home Sales (Nov).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1862 and higher.

- In case of fall, we recommend to sell down to 1.1717

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3318. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3388 and 1.3464. The nearest support level is located at 1.3300.

For Britain, pay attention to GDP (YoY) (Q3) and GDP (QoQ) (Q3).

For USA, we recommend paying attention to Building Permits (Nov), Existing Home Sales (Nov), Crude Oil Inventories, GDP (QoQ) (Q3), Philadelphia Fed Manufacturing Index (Dec), Core Durable Goods Orders (MoM) (Nov) и на New Home Sales (Nov).

- In case of rise, we recommend to buy up 1.3464

- In case of fall, we recommend to sell down 1.3300

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7641. The nearest resistance level is located at 0.7693. The nearest support levels are located at levels 0.7600 and 0.7518.

For Australia, pay attention to RBA Meeting Minutes.

For USA, we recommend paying attention to Building Permits (Nov), Existing Home Sales (Nov), Crude Oil Inventories, GDP (QoQ) (Q3), Philadelphia Fed Manufacturing Index (Dec), Core Durable Goods Orders (MoM) (Nov) и на New Home Sales (Nov).

- In case of rise, we recommend to buy up to 0.7693

- In case of fall, we recommend to sell down 0.7518

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.59. The nearest resistance levels are located at 112.84 and 113.74. The nearest support level is located at 112.02.

For Japan, pay attention to BoJ Monetary Policy Statement (YoY) and to BoJ Press Conference.

For USA, we recommend paying attention to Building Permits (Nov), Existing Home Sales (Nov), Crude Oil Inventories, GDP (QoQ) (Q3), Philadelphia Fed Manufacturing Index (Dec), Core Durable Goods Orders (MoM) (Nov) и на New Home Sales (Nov).

- In case of rise, we recommend to buy up to 113.74

- In case of fall, we recommend to sell down 112.02

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9904. Important resistance level is located at 0.9934. Nearest support levels are located at 0.9884 and 0.9839.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Building Permits (Nov), Existing Home Sales (Nov), Crude Oil Inventories, GDP (QoQ) (Q3), Philadelphia Fed Manufacturing Index (Dec), Core Durable Goods Orders (MoM) (Nov) и на New Home Sales (Nov).

- In case of rise, we recommend to buy up to 0.9934

- In case of fall, we recommend to sell down 0.9839

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1254. Important resistance level is located at 1261. Nearest support levels are located at 1249 and 1236.

Binary Option Trading Tactic:

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

- In case of fall, we recommend to sell down 1236

We recommend: TO BUY

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.