Trading tactics for 30.04.2018 - 04.05.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2127. The nearest resistance levels are located at levels 1.2152 and 1.2242. The nearest support level islocated at 1.2054.

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

For USA, we recommend paying attention to Pending Home Sales (MoM) (Mar), ISM Manufacturing PMI (Apr), ADP Nonfarm Employment Change (Apr), Crude Oil Inventories, FOMC Statement and to Fed Interest Rate Decision.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2242 and higher.

- In case of fall, we recommend to sell down to 1.2054

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3776. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3870 and 1.3995. The nearest support level is located at 1.3746.

For Britain, pay attention to Manufacturing PMI (Apr) and Construction PMI (Apr).

For USA, we recommend paying attention to Pending Home Sales (MoM) (Mar), ISM Manufacturing PMI (Apr), ADP Nonfarm Employment Change (Apr), Crude Oil Inventories, FOMC Statement and to Fed Interest Rate Decision.

- In case of rise, we recommend to buy up 1.3995

- In case of fall, we recommend to sell down 1.3746

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7579. The nearest resistance level is located at 0.7618. The nearest support levels are located at level 0.7577 and 0.7530

For Australia, pay attention to RBA Interest Rate Decision (May) and RBA Rate Statement.

For USA, we recommend paying attention to Pending Home Sales (MoM) (Mar), ISM Manufacturing PMI (Apr), ADP Nonfarm Employment Change (Apr), Crude Oil Inventories, FOMC Statement and to Fed Interest Rate Decision.

- In case of rise, we recommend to buy up to 0.7618

- In case of fall, we recommend to sell down 0.7530

We recommend: TO AWAIT

 

USD/JPY

nce level is located at 109.52. The nearest support level are located at 108.97 and 108.53.

For Japan, there will be no important news.

For USA, we recommend paying attention to Pending Home Sales (MoM) (Mar), ISM Manufacturing PMI (Apr), ADP Nonfarm Employment Change (Apr), Crude Oil Inventories, FOMC Statement and to Fed Interest Rate Decision.

- In case of rise, we recommend to buy up to 109.52

- In case of fall, we recommend to sell down 108.53

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9868. Important resistance level is located at 0.9917. Nearest support levels are located at 0.9845 and 0.9769.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Pending Home Sales (MoM) (Mar), ISM Manufacturing PMI (Apr), ADP Nonfarm Employment Change (Apr), Crude Oil Inventories, FOMC Statement and to Fed Interest Rate Decision.

- In case of rise, we recommend to buy up to 0.9917

- In case of fall, we recommend to sell down 0.9769

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1322. Important resistance levels are located at 1323 and 1332. Nearest support level is located at 1314.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1332

- In case of fall, we recommend to sell down 1314

We recommend: TO AWAIT

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.