Trading tactics for 26.12.2016 - 30.12.2016

EUR/USD

In the beginning of the week, EUR/USD was trading positively; other half pair closed in the narrow corridor at the level 1.0460. The nearest resistance level is located at 1.0486. The nearest support levels are located at 1.0416 and 1.0353.

For Europe, this week, we recommend paying attention to CFTC GBP speculative net positions.

For USA, we recommend to pay attention to CB Consumer Confidence (Dec), pending Home Sales (MoM) (Nov) and to Crude Oil Inventories.

- In case of rise, we recommend to buy up to 1.0486 and higher.

- In case of fall, we recommend to sell down to 1.0353

We recommend: TO AWAIT

 

GBP/USD

In the beginning of the week, GBP/USD was trading differently; other half pair fallen and closed in the narrow corridor at the level 1.2283. The nearest resistance levels are located at 1.2304 and 1.2389. The nearest support level is located at 1.2228.

For Britain, we recommend paying attention to BBA Mortgage Approvals, nationwide HPI (YoY) (Dec), Nationwide HPI (MoM) (Dec) and CFTC GBP speculative net positions.

For USA, we recommend to pay attention to CB Consumer Confidence (Dec), pending Home Sales (MoM) (Nov) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2389

- In case of fall, we recommend to sell down 1.2228.

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed in a narrow corridor at the level 0.7193. The nearest resistance levels are located 0.7226 and 0.7279. The nearest support level is located at level 0.7156.

For Australia, we recommend to pay attention to CFTC AUD speculative net positions and Private Sector Credit (MoM) (Nov).

For USA, we recommend to pay attention to CB Consumer Confidence (Dec), pending Home Sales (MoM) (Nov) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7279

- In case of fall, we recommend to sell down 0.7156.

We recommend: TO SELL

 

USD/JPY

USD/JPY was trading in a narrow corridor and pair closed at the level 117.10. The nearest resistance levels are located at 117.68 and 118.19. The nearest support level is located at 116.99.

For Japan, pay attention to Industrial Production (MoM) (Nov), Retail Sales (YoY) (Nov) and to CFTC JPY speculative net positions.

For USA, we recommend to pay attention to CB Consumer Confidence (Dec), pending Home Sales (MoM) (Nov) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 118.19

- - In case of fall, we recommend to sell down 116.99.

We recommend: TO SELL

 

USD/CHF

USD/CHF was trading differently and closed at the level 1.0244. The nearest resistance levels are located at .0279 and 1.0318. The nearest support level is located at 1.0226.

For Switzerland, there will be no important news today.

For USA, we recommend to pay attention to CB Consumer Confidence (Dec), pending Home Sales (MoM) (Nov) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0318

- In case of fall, we recommend to sell down 1.0226.

We recommend: TO SELL

 

GOLD

Previous week GOLD formed many different trends, but closed in a narrow corridor at the level 1133. Important resistance level is located at 1139. Nearest support levels are located at levels 1132 and 1125.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1139

- In case of fall, we recommend to sell down 1125.

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.