Trading tactics for 12.06.2017 - 16.06.2017

EUR/USD

Almost all week EUR/USD was trading negatively, but pair closed in a narrow corridor at the level 1.1195. The nearest resistance levels are located at levels 1.1220 and 1.1283. The nearest support level is located at 1.1165.

For Europe, this week, pay attention to German ZEW Economic Sentiment (Jun) and to CPI (YoY) (May).

For USA, we recommend paying attention to Core CPI (MoM) (May), Core Retail Sales (MoM) (May), Retail Sales (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Philadelphia Fed Manufacturing Index (Jun) and to Building Permits (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1283 and higher.

- In case of fall, we recommend to sell down to 1.1165

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading negatively and closed at the level 1.2737. There might be tendencies for the future growth. The nearest resistance levels are located at 1.2791 and 1.2976. The nearest support level is located at 1.2640.

For Britain, pay attention to CPI (YoY) (May), Average Earnings Index +Bonus (Apr), Claimant Count Change (May), Retail Sales (MoM) (May), BoE Interest Rate Decision (Jun) and to BoE MPC Meeting Minutes.

For USA, we recommend paying attention to Core CPI (MoM) (May), Core Retail Sales (MoM) (May), Retail Sales (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Philadelphia Fed Manufacturing Index (Jun) and to Building Permits (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2791

- In case of fall, we recommend to sell down 1.2640.

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading in a narrow corridor and closed in growth at the level 0.7526. The nearest resistance level is located at 0.7565. The nearest support levels are located at levels 0.7508 and 0.7456.

For Australia, pay attention to Employment Change (May).

For USA, we recommend paying attention to Core CPI (MoM) (May), Core Retail Sales (MoM) (May), Retail Sales (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Philadelphia Fed Manufacturing Index (Jun) and to Building Permits (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7565

- In case of fall, we recommend to sell down 0.7456

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed in growth to the level 110.30. The nearest resistance level is located at 110.80. The nearest support levels are located at 109.90 and 109.11.

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

For USA, we recommend paying attention to Core CPI (MoM) (May), Core Retail Sales (MoM) (May), Retail Sales (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Philadelphia Fed Manufacturing Index (Jun) and to Building Permits (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 110.80

- In case of fall, we recommend to sell down 109.11

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9690. Important resistance level is located at 0.9726. Nearest support levels are located at 0.9671 and 0.9612.

For Switzerland, pay attention to SNB Interest Rate Decision, SNB Monetary Policy Assessment and to SNB Press Conference.

For USA, we recommend paying attention to Core CPI (MoM) (May), Core Retail Sales (MoM) (May), Retail Sales (MoM) (May), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, Philadelphia Fed Manufacturing Index (Jun) and to Building Permits (May).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9726

- In case of fall, we recommend to sell down 0.9612

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed in fall to the level 1266. Important resistance levels are located at 1278 and 1296. Nearest support level is located at 1264.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1296

- In case of fall, we recommend to sell down 1264

We recommend: TO SELL

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.