Trading tactics for 03.04.2018 - 06.04.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2322. The nearest resistance levels are located at levels 1.2359 and 1.2421. The nearest support level is located at 1.2282.

For Europe, pay attention to German Manufacturing PMI (Mar) and CPI (YoY) (Mar).

For USA, we recommend paying attention to Fed Chair Powell Speaks, Unemployment Rate (Mar), Crude Oil Inventories, ISM Non-Manufacturing PMI (Mar) and ADP Nonfarm Employment Change (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2421 and higher.

- In case of fall, we recommend to sell down to 1.2282

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.4067. There might be tendencies for the future growth. The nearest resistance levels are located at 1.4094 and 1.4198. The nearest support level is located at 1.4006

For Britain, pay attention to Services PMI (Mar) and BoE Gov Carney Speech.

For USA, we recommend paying attention to Fed Chair Powell Speaks, Unemployment Rate (Mar), Crude Oil Inventories, ISM Non-Manufacturing PMI (Mar) and ADP Nonfarm Employment Change (Mar).

- In case of rise, we recommend to buy up 1.4198

- In case of fall, we recommend to sell down 1.4006

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7676. The nearest resistance levels are located at 0.7677 and 0.7715. The nearest support level is located at level 0.7641.

For Australia, pay attention to RBA Interest Rate Decision (Apr), RBA Rate Statement and Retail Sales (MoM) (Feb).

For USA, we recommend paying attention to Fed Chair Powell Speaks, Unemployment Rate (Mar), Crude Oil Inventories, ISM Non-Manufacturing PMI (Mar) and ADP Nonfarm Employment Change (Mar).

- In case of rise, we recommend to buy up to 0.7677

- In case of fall, we recommend to sell down 0.7641

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently and closed the level 106.23. The nearest resistance level is located at 106.99. The nearest support level are located at 106.10 and 106.30.

For Japan, there will be no important news.

For USA, we recommend paying attention to Fed Chair Powell Speaks, Unemployment Rate (Mar), Crude Oil Inventories, ISM Non-Manufacturing PMI (Mar) and ADP Nonfarm Employment Change (Mar).

- In case of rise, we recommend to buy up to 106.99

- In case of fall, we recommend to sell down 105.30

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9523. Important resistance level is located at 0.9581. Nearest support levels are located at 0.9514 and 0.9458.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Fed Chair Powell Speaks, Unemployment Rate (Mar), Crude Oil Inventories, ISM Non-Manufacturing PMI (Mar) and ADP Nonfarm Employment Change (Mar).

- In case of rise, we recommend to buy up to 0.9581

- In case of fall, we recommend to sell down 0.9458

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1324. Important resistance levels are located at 1336 and 1356. Nearest support levels is located at 1321.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1356

- In case of fall, we recommend to sell down 1321

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.