Trading tactics for 29.01.2018 - 02.02.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2425. The nearest resistance level is located at level 1.2536. The nearest support levels are located at 1.2385 and 1.2270.

For Europe, pay attention to German Unemployment Change (Jan), CPI (YoY) (Jan) and German Manufacturing PMI (Jan).

For USA, we recommend paying attention to Unemployment Rate (Jan), Nonfarm Payrolls (Jan), ISM Manufacturing PMI (Jan), Fed Interest Rate Decision, FOMC Statement, Crude Oil Inventories, Pending Home Sales (MoM) (Dec) and U.S. President Trump Speech.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2536 and higher.

- In case of fall, we recommend to sell down to 1.2270.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.4149. There might be tendencies for the future growth. The nearest resistance level is located at 1.4346. The nearest support levels are located at 1.4118 and 1.3947.

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

For USA, we recommend paying attention to Unemployment Rate (Jan), Nonfarm Payrolls (Jan), ISM Manufacturing PMI (Jan), Fed Interest Rate Decision, FOMC Statement, Crude Oil Inventories, Pending Home Sales (MoM) (Dec) and U.S. President Trump Speech.

- In case of rise, we recommend to buy up 1.4346

- In case of fall, we recommend to sell down 1.3947

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.8107. The nearest resistance level is located at 0.8134. The nearest support levels are located at levels 0.8040 and 0.7964.

For Australia, pay attention to CPI (QoQ) (Q4).

For USA, we recommend paying attention to Unemployment Rate (Jan), Nonfarm Payrolls (Jan), ISM Manufacturing PMI (Jan), Fed Interest Rate Decision, FOMC Statement, Crude Oil Inventories, Pending Home Sales (MoM) (Dec) and U.S. President Trump Speech.

- In case of rise, we recommend to buy up to 0.8134

- In case of fall, we recommend to sell down 0.7965

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 134.92. The nearest resistance levels are located at 135.28 and 136.27. The nearest support level is located at 134.51.

For Japan, there will be no important news.

For USA, we recommend paying attention to Unemployment Rate (Jan), Nonfarm Payrolls (Jan), ISM Manufacturing PMI (Jan), Fed Interest Rate Decision, FOMC Statement, Crude Oil Inventories, Pending Home Sales (MoM) (Dec) and U.S. President Trump Speech.

- In case of rise, we recommend to buy up to 136.27

- In case of fall, we recommend to sell down 134.51

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 Unemployment Rate (Jan), Nonfarm Payrolls (Jan), ISM Manufacturing PMI (Jan), Fed Interest Rate Decision, FOMC Statement, Crude Oil Inventories, Pending Home Sales (MoM) (Dec) and U.S. President Trump Speech.

- In case of rise, we recommend to buy up to 0.9609

- In case of fall, we recommend to sell down 0.9288

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1349. Important resistance level is located at 1365. Nearest support level is located at 1348 and 1331.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1365

- In case of fall, we recommend to sell down 1331

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.