Trading tactics for 22.01.2018 - 26.01.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2214. The nearest resistance levels are located at level 1.2247 and 1.2321. The nearest support level is located at 1.2163.

For Europe, pay attention to German ZEW Economic Sentiment (Jan), German Manufacturing PMI (Jan), German Ifo Business Climate Index (Jan), Deposit Facility Rate, ECB Interest Rate Decision (Jan) and to ECB Press Conference.

For USA, we recommend paying attention to Existing Home Sales (Dec), Crude Oil Inventories, New Home Sales (Dec), Core Durable Goods Orders (MoM) (Dec) and to GDP (QoQ) (Q4).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2247 and higher.

- In case of fall, we recommend to sell down to 1.2163.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3843. There might be tendencies for the future growth. The nearest resistance level is located at 1.3943. The nearest support levels are located at 1.3836 and 1.3747.

For Britain, pay attention to GDP (QoQ) (Q4) and to GDP (YoY) (Q4).

For USA, we recommend paying attention to Existing Home Sales (Dec), Crude Oil Inventories, New Home Sales (Dec), Core Durable Goods Orders (MoM) (Dec) and to GDP (QoQ) (Q4).

- In case of rise, we recommend to buy up 1.3943

- In case of fall, we recommend to sell down 1.3747

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7985. The nearest resistance level is located at 0.8036. The nearest support levels are located at levels 0.7983 and 0.7935.

For Australia, there will be no important news.

For USA, we recommend paying attention to Existing Home Sales (Dec), Crude Oil Inventories, New Home Sales (Dec), Core Durable Goods Orders (MoM) (Dec) and to GDP (QoQ) (Q4).

- In case of rise, we recommend to buy up to 0.8036

- In case of fall, we recommend to sell down 0.7935

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 110.79. The nearest resistance level is located at 111.47. The nearest support levels are located at 110.75 and 110.17.

For Japan, pay attention to BoJ Outlook Report (YoY).

For USA, we recommend paying attention to Existing Home Sales (Dec), Crude Oil Inventories, New Home Sales (Dec), Core Durable Goods Orders (MoM) (Dec) and to GDP (QoQ) (Q4).

- In case of rise, we recommend to buy up to 111.47

- In case of fall, we recommend to sell down 110.17

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9739. Important resistance level is located at 0.9663. Nearest support levels are located at 0.9598 and 0.9533.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Existing Home Sales (Dec), Crude Oil Inventories, New Home Sales (Dec), Core Durable Goods Orders (MoM) (Dec) and to GDP (QoQ) (Q4).

- In case of rise, we recommend to buy up to 0.9663

- In case of fall, we recommend to sell down 0.9533

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1331. Important resistance levels are located at 1343 and 1333. Nearest support level is located at 1324.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1343

- In case of fall, we recommend to sell down 1324

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.