Trading tactics for 16.04.2018 - 20.04.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2328. The nearest resistance levels are located at levels 1.2344 and 1.2392. The nearest support level islocated at 1.2298.

For Europe, pay attention to German ZEW Economic Sentiment (Apr) and to CPI (YoY) (Mar).

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

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2344 and higher.

- In case of fall, we recommend to sell down to 1.2298

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.4234. There might be tendencies for the future growth. The nearest resistance level is located at 1.4294. The nearest support levels are located at 1.4220 and 1.4143.

For Britain, pay attention to Average Earnings Index +Bonus (Feb), Claimant Count Change (Mar), CPI (YoY) (Mar) and to Retail Sales (MoM) (Mar).

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

- In case of rise, we recommend to buy up 1.4294

- In case of fall, we recommend to sell down 1.4143

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7759. The nearest resistance levels are located at 0.7770 and 0.7808. The nearest support level is located at level 0.7655.

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

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

- In case of rise, we recommend to buy up to 0.7808

- In case of fall, we recommend to sell down 0.7730

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently and closed the level 107.32. The nearest resistance level is located at 107.75. The nearest support level are located at 107.23 and 106.63.

For Japan, there will be no important news.

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

- In case of rise, we recommend to buy up to 107.75

- In case of fall, we recommend to sell down 106.63

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9611. Important resistance level is located at 0.9644. Nearest support levels are located at 0.9594 and 0.9532

For Switzerland, there will be no important news.

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

- In case of rise, we recommend to buy up to 0.9644

- In case of fall, we recommend to sell down 0.9532

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1344. Important resistance levels are located at 1350 and 1364. Nearest support level is located at 1333.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1364

- In case of fall, we recommend to sell down 1333

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.