Trading tactics for 12.03.2018 - 16.03.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2302. The nearest resistance levels are located at levels 1.2353 and 1.2443. The nearest support level is located at 1.2272.

For Europe, pay attention to German ZEW Economic Sentiment (Mar) and to ECB President Draghi Speech.
 

For USA, we recommend paying attention to Core CPI (MoM) (Feb), Core Retail Sales (MoM) (Feb), PPI (MoM) (Feb), Retail Sales (MoM) (Feb), Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Mar).

 

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2353 and higher.

- In case of fall, we recommend to sell down to 1.2272

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3845. There might be tendencies for the future growth. The nearest resistance level is located at 1.3913. The nearest support levels are located at 1.3786 and 1.3842

For Britain, pay attention to Spring Forecast Statement.
 

For USA, we recommend paying attention to Core CPI (MoM) (Feb), Core Retail Sales (MoM) (Feb), PPI (MoM) (Feb), Retail Sales (MoM) (Feb), Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Mar).

 

- In case of rise, we recommend to buy up 1.3913

- In case of fall, we recommend to sell down 1.3786.

We recommend: TO AWAIT

 

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7843. The nearest resistance level is located at 0.7852. The nearest support levels are located at levels 0.7812 and 0.7770.

For Australia, pay attention to RBA Assist Gov Kent Speech and to Westpac Consumer Sentiment (Mar).

 

For USA, we recommend paying attention to Core CPI (MoM) (Feb), Core Retail Sales (MoM) (Feb), PPI (MoM) (Feb), Retail Sales (MoM) (Feb), Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Mar).

 

- In case of rise, we recommend to buy up to 0.7852

- In case of fall, we recommend to sell down 0.7770

 

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently and closed the level 106.79. The nearest resistance level is located at 107.01. The nearest support levels are located at 106.24 and 105.43

For Japan, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (Feb), Core Retail Sales (MoM) (Feb), PPI (MoM) (Feb), Retail Sales (MoM) (Feb), Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Mar).

 

- In case of rise, we recommend to buy up to 107.01

- In case of fall, we recommend to sell down 105.43

We recommend: TO BUY

 

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9509. Important resistance level is located at 0.9532. Nearest support levels are located at 0.9450 and 0.9355..


For Switzerland, there will be no important news.  

For USA, we recommend paying attention to Core CPI (MoM) (Feb), Core Retail Sales (MoM) (Feb), PPI (MoM) (Feb), Retail Sales (MoM) (Feb), Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Mar).

 

- In case of rise, we recommend to buy up to 0.9532

- In case of fall, we recommend to sell down 0.9355

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1323. Important resistance levels are located at 1326 and 1340. Nearest support level is located at 1313.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1340

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

We recommend: TO SELL