Trading tactics for 26.12.2017 - 29.12.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1859. The nearest resistance level is located at level 1.1901. The nearest support levels are located at 1.1828 and 1.1776.

For Europe, pay attention to German CPI (MoM) (Dec).

For USA, we recommend paying attention to CB Consumer Confidence (Dec), Pending Home Sales (MoM) (Nov), API Weekly Crude Oil Stock, Goods Trade Balance (Nov), Crude Oil Inventories, Cushing Crude Oil Inventories, U.S. Baker Hughes Oil Rig Count and CFTC Gold speculative net positions.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1901 and higher.

- In case of fall, we recommend to sell down to 1.1776

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3354. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3376 and 1.3419. The nearest support level is located at 1.3330.

For Britain, pay attention to Nationwide HPI (YoY) and Nationwide HPI (MoM).

For USA, we recommend paying attention to CB Consumer Confidence (Dec), Pending Home Sales (MoM) (Nov), API Weekly Crude Oil Stock, Goods Trade Balance (Nov), Crude Oil Inventories, Cushing Crude Oil Inventories, U.S. Baker Hughes Oil Rig Count and CFTC Gold speculative net positions.

- 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 0.7710. The nearest resistance level is located at 0.7720. The nearest support levels are located at levels 0.7683 and 0.7645.

For Australia, pay attention to Private Sector Credit (MoM) (Nov).

For USA, we recommend paying attention to CB Consumer Confidence (Dec), Pending Home Sales (MoM) (Nov), API Weekly Crude Oil Stock, Goods Trade Balance (Nov), Crude Oil Inventories, Cushing Crude Oil Inventories, U.S. Baker Hughes Oil Rig Count and CFTC Gold speculative net positions.

- In case of rise, we recommend to buy up to 0.7720

- In case of fall, we recommend to sell down 0.7645

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 113.24. The nearest resistance level is located at 113.63. The nearest support levels are located at 113.02 and 112.50.

For Japan, pay attention to Household Spending (MoM) (Nov).

For USA, we recommend paying attention to CB Consumer Confidence (Dec), Pending Home Sales (MoM) (Nov), API Weekly Crude Oil Stock, Goods Trade Balance (Nov), Crude Oil Inventories, Cushing Crude Oil Inventories, U.S. Baker Hughes Oil Rig Count and CFTC Gold speculative net positions.

- In case of rise, we recommend to buy up to 113.63

- In case of fall, we recommend to sell down 112.50

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9887. Important resistance level is located at 0.9910. Nearest support levels are located at 0.9870 and 0.9827.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to CB Consumer Confidence (Dec), Pending Home Sales (MoM) (Nov), API Weekly Crude Oil Stock, Goods Trade Balance (Nov), Crude Oil Inventories, Cushing Crude Oil Inventories, U.S. Baker Hughes Oil Rig Count and CFTC Gold speculative net positions.

- In case of rise, we recommend to buy up to 0.9870

- In case of fall, we recommend to sell down 0.9827

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1274. Important resistance level is located at 1276. Nearest support levels are located at 1267 and 1259.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1276

- In case of fall, we recommend to sell down 1259

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.