Trading tactics for 11.07.2016 - 15.07.2016

EUR/USD

EUR/USD during past week created many short lasting trends and stayed at level 1.1088. There might be tendencies for the future growth. The nearest resistance levels are located at 1.1088 and 1.1183. The nearest support level is located at 1.1000.

This week we recommend paying attention to few important news for Europe – German, French and Spanish CPI statistics for June.

For US there are recommend to pay attention to Crude Oils Inventories statistics and Producer Price Index (PPI) for June.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1183 and higher.

- In case of fall, we recommend to sell down to 1.1000.

We recommend: TO SELL

 

GBP/USD

GBP/USD trades in a narrow corridor. Might be expected future fall. The nearest resistance levels are located at 1.3045 and 1.3338. The nearest support level is located at 1.2796

This week we recommend paying attention to Interest rate Decision for June, BoE MPC Meeting Minutes and Bank of England Governor Mark Carney speech.

For US there are recommend to pay attention to Crude Oils Inventories statistics and Producer Price Index (PPI) for June.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3338

- In case of fall, we recommend to sell down 1.2796

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week had many growing trends. Moving averages are going up, that give a perspective for the future growth. The nearest resistance level is located at 0.7571. The nearest support levels are located at 0.7470 and 0.7407.

For Australia, we recommend to pay attention to Employment Change statistics for June.

For US there we recommend to pay attention to Crude Oils Inventories statistics and Producer Price Index (PPI) for June.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7571

- In case of fall, we recommend to sell down 0.7407

We recommend: TO BUY

 

USD/JPY

USD/JPY for the past few days is trading negatively. Might be expected future fall. The nearest resistance levels are located at 101.26 and 102.80. The nearest support levels is located at 99.99.

For Japan, we recommend to pay attention to Tertiary Industry Activity Index.

For US there are recommend to pay attention to Crude Oils Inventories statistics and Producer Price Index (PPI) for June.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 102.80

- In case of fall, we recommend to sell down 99.99

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week formed many short trends. Moving averages stay up, that show a future increase. Important resistance level is located at 0.9864. Nearest support levels are located at 0.9760 and 0.9685.

For Switzerland, we recommend to pay attention to Producer Price Index (PPI) for June.

For US there we recommend to pay attention to Crude Oils Inventories statistics and Producer Price Index (PPI) for June.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9864

- In case of fall, we recommend to sell down 0.9685

We recommend: TO BUY

 

GOLD

At the end of previous week GOLD showed a very good growth, but it does not guarantee the same this week. Gold is trading in a narrow corridor. The nearest resistance level is located at 1374. The nearest support levels are located at 1352 and 1337.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1374

- In case of fall, we recommend to sell down 1337

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.