Trading tactics for 05.09.2016 - 09.09.2016

EUR/USD

Almost all week EUR/USD was trading in narrow corridor and pair closed falling to the level 1.1154. The nearest resistance levels are located at 1.1184 and 1.1250. The nearest support level is located at 1.1122.

For Europe, this week, we recommend paying attention to ECB President Draghi Speaks, Interest Rate Decision for September and Services PMI for August.

For USA, we recommend to pay attention to ISM Non-Manufacturing PMI for August, Crude Oil Inventories and Cushing Crude Oil Inventories.

- In case of rise, we recommend to buy up to 1.1250 and higher.

- In case of fall, we recommend to sell down to 1.1122.

We recommend: TO SELL

 

GBP/USD

GBP/USD pair made many different this week and pair increased and closed in a narrow corridor at the level 1.3290. The nearest resistance level is located at 1.3352. The nearest support levels are located at 1.3190 and 1.3059.

For Britain, we recommend paying attention to Halifax House Price Index (YoY) for August,

GBP Manufacturing Production (MoM) for July and Manufacturing PMI.

For USA, we recommend to pay attention to ISM Non-Manufacturing PMI for August, Crude Oil Inventories and Cushing Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3352

- In case of fall, we recommend to sell down 1.3059

We recommend: TO WAIT

 

AUD/USD

AUD/USD previous week cleated many different trends and closed growing to the level 0.7571. The nearest resistance level is located at 0.7615. The nearest support levels are located at levels 0.7559 and 0.7489.

For Australia, we recommend to pay attention to Interest Rate Decision for September, RBA Rate Statement and GDP (QoQ) (Q2).

For USA, we recommend to pay attention to ISM Non-Manufacturing PMI for August, Crude Oil Inventories and Cushing Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7615

- In case of fall, we recommend to sell down до 0.7489

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading positively and closed by growing to the level 103.94. Might be expected future growth. The nearest resistance level is located at 104.31. The nearest support levels are located at 102.83 and 101.75.

For Japan, we recommend to pay attention Current Account n.s.a. for July, GDP (QoQ) (Q2)and GDP (YoY) (Q2).

For USA, we recommend to pay attention to ISM Non-Manufacturing PMI for August, Crude Oil Inventories and Cushing Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 104.31

- In case of fall, we recommend to sell down 101.75

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading positively. Pair made a cutting fall and closed at level 0.9801. The nearest resistance levels are located at 0.9807 and 0.9883. The nearest support level is located at 0.9740.

For Switzerland, we recommend to pay attention to CHF GDP (YoY) (Q2) and CFH GDP (YoY) (Q2).

For USA, we recommend to pay attention to ISM Non-Manufacturing PMI for August, Crude Oil Inventories and Cushing Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9883

- In case of fall, we recommend to sell down 0.9883

We recommend: TO WAIT

 

GOLD

Previous week GOLD formed many negative trends, but closed by growing to level 1324, but there might be tendencies for the future growth. Important resistance level is located at 1329. Nearest support levels are located at levels 1316 and 1302.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1329

- In case of fall, we recommend to sell down 1302

We recommend: TO BUY

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.