Trading tactics for 23.04.2018 - 27.04.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2284. The nearest resistance levels are located at levels 1.2313 and 1.2398. The nearest support level islocated at 1.2249.

For Europe, pay attention to German Manufacturing PMI (Apr), Deposit Facility Rate, ECB Marginal Lending Facility, ECB Interest Rate Decision (Apr), ECB Press Conference and to German Unemployment Change (Apr).

For USA, we recommend paying attention to Existing Home Sales (Mar), CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar) and to GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2398 and higher.

- In case of fall, we recommend to sell down to 1.2249

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3993. There might be tendencies for the future growth. The nearest resistance levels are located at 1.4160 and 1.4333. The nearest support level is located at 1.3993.

For Britain, pay attention to GDP (YoY) (Q1) and GDP (QoQ) (Q1).

For USA, we recommend paying attention to Existing Home Sales (Mar), CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar) and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up 1.4333

- In case of fall, we recommend to sell down 1.3993

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7666. The nearest resistance levels are located at 0.7717 and 0.7810. The nearest support level is located at level 0.7653.

For Australia, pay attention to CPI (QoQ) (Q1).

For USA, we recommend paying attention to Existing Home Sales (Mar), CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar) and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 0.7810

- In case of fall, we recommend to sell down 0.7653

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently and closed the level 107.62. The nearest resistance level is located at 107.84. The nearest support level are located at 107.36 and 106.88.

For Japan, pay attention to BoJ Monetary Policy Statement (YoY) and to BoJ Outlook Report (YoY).

For USA, we recommend paying attention to Existing Home Sales (Mar), CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar) and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 107.84

- In case of fall, we recommend to sell down 106.88

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9734. Important resistance level is located at 0.9755. Nearest support levels are located at 0.9683 и 0.9513.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Existing Home Sales (Mar), CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar) and to GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 0.9755

- In case of fall, we recommend to sell down 0.9513

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1335. Important resistance levels are located at 1343 and 1355. Nearest support level is located at 1334.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1355

- In case of fall, we recommend to sell down 1334

We recommend: TO SELL

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.