Trading tactics for 07.11.2016 - 11.11.2016

EUR/USD

Almost all week EUR/USD was trading positively and pair closed in a narrow corridor at level 1.1141. There might be tendencies for the future growth. The nearest resistance level is located at 1.1141. The nearest support levels are located at 1.1046 and 1.0959.

For Europe, this week, we recommend paying attention EU Finance Ministers Meeting, Eurogroup Meetings and Retail Sales (MoM) (Sep).

For USA, we recommend to pay attention to Crude Oil Inventories, 10-Year Note Auction and JOLTs Job Openings (Sep).

- In case of rise, we recommend to buy up to 1.1141 and higher.

- In case of fall, we recommend to sell down to 1.0959

We recommend: TO BUY

 

GBP/USD

GBP/USD pair positively and closed in a narrow corridor at the level 1.2516. The nearest resistance level is located at 1.2556. The nearest support levels are located at 1.2373 and 1.2205.

For Britain, we recommend paying attention to Manufacturing Production (MoM) (Sep) and Industrial Production (MoM) (Sep).

For USA, we recommend to pay attention to Crude Oil Inventories, 10-Year Note Auction and JOLTs Job Openings (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2556

- In case of fall, we recommend to sell down 1.2205

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week cleated many different trends and closed in a narrow corridor at the level 0.7669. The nearest resistance level is located at 0.7696. The nearest support levels are located at levels 0.7640 и 0.7597.

For Australia, we recommend to pay attention to NAB Business Confidence (Oct), Home Loans (MoM) (Sep) and RBA Assist Gov Debelle Speech.

For USA, we recommend to pay attention to Crude Oil Inventories, 10-Year Note Auction and JOLTs Job Openings (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7696

- In case of fall, we recommend to sell down 0.7597.

We recommend: TO WAIT

 

USD/JPY

USD/JPY all week was trading negatively and closed in a narrow corridor at level 103.09. Might be expected future fall. The nearest resistance levels are located at 103.78 и 105.11. The nearest support level is located at 102.56.

For Japan, we recommend paying attention to Tertiary Industry Activity Index (MoM), 10-Year JGB Auction and Current Account n.s.a. (Sep).

For USA, we recommend to pay attention to Crude Oil Inventories, 10-Year Note Auction and JOLTs Job Openings (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 105.11

- In case of fall, we recommend to sell down 102.56.

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading negatively and pair closed in a narrow corridor at level 0.9678. Important resistance levels are located at 0.9785 и 0.9903. Nearest support level is located at level 0.9678.

For Switzerland, pay attention to Unemployment Rate n.s.a. (Oct), Unemployment Rate s.a. (Oct) and CPI (MoM) (Oct).

For USA, we recommend to pay attention to Crude Oil Inventories, 10-Year Note Auction and JOLTs Job Openings (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9903

- In case of fall, we recommend to sell down 0.9678

We recommend: TO SELL

 

GOLD

Previous week GOLD formed many different trends, but closed in a narrow corridor at level 1304, but there might be tendencies for the future growth. Important resistance level is located at 1307. Nearest support levels are located at levels 1285 and 1271.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1307

- In case of fall, we recommend to sell down 1271.

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.