Trading tactics for 18.07.2016 - 22.07.2016

EUR/USD

EUR/USD during past week created many short lasting trends and stayed at level 1.1028. There might be tendencies for the future growth. The nearest resistance levels are located at 1.1089 and 1.1162. The nearest support level is located at 1.1022.

This week we recommend paying attention to ZEW Economic Sentiment statistics and to Mario Draghi speech.

For US we recommend to pay attention to Crude Oils Inventories statistics and Philadelphia Fed Manufacturing Index for July.

- In case of rise, we recommend to buy up to 1.1162 and higher.

- In case of fall, we recommend to sell down to 1.1022.

We recommend: TO SELL

 

GBP/USD

GBP/USD made many trends previous week and stayed low at level 1.3176. Might be expected future fall. The nearest resistance levels are located at 1.3204 and 1.3480. The nearest support level is located at 1.2955.

This week we recommend paying attention to Average Earnings Index statistics for June and to Claimant Count Change statistics for June.

For US we recommend to pay attention to Crude Oils Inventories statistics and Philadelphia Fed Manufacturing Index for July.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3480

- In case of fall, we recommend to sell down 1.2955

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week had many growing trends. Currency pair located at level 0.7577. The nearest resistance levels are located at 0.7602 and 0.7675. The nearest support level is located at level 0.7526.

For Australia, we recommend pay attention to RBA Meeting Minutes and to CFTC AUD speculative net position statistics.

For US we recommend to pay attention to Crude Oils Inventories statistics and Philadelphia Fed Manufacturing Index for July.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7675

- In case of fall, we recommend to sell down 0.7526

We recommend: TO SELL

 

USD/JPY

USD/JPY for the past few days was trading negatively, and closed falling to level 104.83. Might be expected future fall. The nearest resistance level is located at 106.32. The nearest support levels are located at 104.56 and 102.44.

For Japan, we recommend to pay attention to CFTC JPY speculative net position statistics.

For US we recommend to pay attention to Crude Oils Inventories statistics and Philadelphia Fed Manufacturing Index for July.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 106.32

- In case of fall, we recommend to sell down 102.44

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week formed many short trends. Pair located at level 0.9815. Important resistance levels are located at 0.9827 and 0.9893. Nearest support level is located at level 0.9764.

For Switzerland, there is no important news this week.

For US we recommend to pay attention to Crude Oils Inventories statistics and Philadelphia Fed Manufacturing Index for July.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9827

- In case of fall, we recommend to sell down 0.9764

We recommend: TO AWAIT

 

GOLD

Previous week GOLD formed many different trends, but closed negatively at the level 1327, but there might be tendencies for the future growth. Important resistance levels are located at 1330 and 1346. Nearest support level is located at level 1319.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1346

- In case of fall, we recommend to sell down 1319

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.