Trading tactics for 02.01.2018 - 02.01.2018

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 1.2024. The nearest support levels are located at 1.1945 and 1.1853.

For Europe, pay attention to German Manufacturing PMI (Dec) and to German Unemployment Change (Dec), CPI (YoY) (Dec).

For USA, we recommend paying attention to ISM Manufacturing PMI (Dec), ADP Nonfarm Employment Change (Dec), Nonfarm Payrolls (Dec), Unemployment Rate (Dec) and to ISM Non-Manufacturing PMI (Dec).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2024 and higher.

- In case of fall, we recommend to sell down to 1.1853

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3495. There might be tendencies for the future growth. The nearest resistance level is located at 1.3542. The nearest support levels are located at 1.3437 and 1.3348.

For Britain, pay attention to Services PMI (Dec), Construction PMI (Dec) and Manufacturing PMI (Dec).

For USA, we recommend paying attention to ISM Manufacturing PMI (Dec), ADP Nonfarm Employment Change (Dec), Nonfarm Payrolls (Dec), Unemployment Rate (Dec) and to ISM Non-Manufacturing PMI (Dec).

- In case of rise, we recommend to buy up 1.3542

- In case of fall, we recommend to sell down 1.3348

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7800. The nearest resistance level is located at 0.7823. The nearest support levels are located at levels 0.7762 and 0.7714.

For Australia, there will be no important news.

For USA, we recommend paying attention to ISM Manufacturing PMI (Dec), ADP Nonfarm Employment Change (Dec), Nonfarm Payrolls (Dec), Unemployment Rate (Dec) and to ISM Non-Manufacturing PMI (Dec).

- In case of rise, we recommend to buy up to 0.7823

- In case of fall, we recommend to sell down 0.7714

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.64. The nearest resistance level is located at 113.63. The nearest support levels are located at 113.36 and 112.95.

For Japan, there will be no important news.

For USA, we recommend paying attention to ISM Manufacturing PMI (Dec), ADP Nonfarm Employment Change (Dec), Nonfarm Payrolls (Dec), Unemployment Rate (Dec) and to ISM Non-Manufacturing PMI (Dec).

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

- In case of fall, we recommend to sell down 112.95

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9731. Important resistance levels are located at 0.9814 and 0.9901. Nearest support level is located at 0.9731.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to ISM Manufacturing PMI (Dec), ADP Nonfarm Employment Change (Dec), Nonfarm Payrolls (Dec), Unemployment Rate (Dec) and to ISM Non-Manufacturing PMI (Dec).

- In case of rise, we recommend to buy up to 0.9901

- In case of fall, we recommend to sell down 0.9731

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1302. Important resistance level is located at 1307. Nearest support levels are located at 1292 and 1277.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1307

- In case of fall, we recommend to sell down 1277

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.