Trading tactics for 09.01.2017 - 13.01.2017

EUR/USD

In the beginning of the week, EUR/USD was trading positively and closed at the level 1.0528. The nearest resistance level is located at 1.0614. The nearest support levels are located at 1.0466 and 1.0340

For Europe, this week, we recommend paying attention to Unemployment Rate (Nov), Industrial Production (MoM) (Nov) and ECB Publishes Account of Monetary Policy Meeting.

For USA, we recommend to pay attention to JOLTs Job Openings (Nov), Crude Oil Inventories, U.S. President Trump Speech, Core Retail Sales (MoM) (Dec), PPI (MoM) (Dec) and Retail Sales (MoM) (Dec).

- In case of rise, we recommend to buy up to 1.0466 and higher.

- In case of fall, we recommend to sell down to 1.0614

We recommend: TO BUY

 

GBP/USD

In the beginning of the week, GBP/USD was trading in a narrow corridor and closed at the level 1.2279. The nearest resistance levels are located at 1.2430 and 1.2305. The nearest support level is located at 1.2199.

For Britain, we recommend paying attention to Halifax House Price Index (MoM) (Dec), Halifax House Price Index (YoY) (Dec), Manufacturing Production (MoM) (Nov) and BoE Gov Carney Speech.

For USA, we recommend to pay attention to JOLTs Job Openings (Nov), Crude Oil Inventories, U.S. President Trump Speech, Core Retail Sales (MoM) (Dec), PPI (MoM) (Dec) and Retail Sales (MoM) (Dec).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2430

- In case of fall, we recommend to sell down 1.2199

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7292. The nearest resistance level is located at 0.7355. The nearest support levels are located at 0.7262 и 0.7193.

For Australia, pay attention to Retail Sales (MoM) (Nov).

For USA, we recommend to pay attention to JOLTs Job Openings (Nov), Crude Oil Inventories, U.S. President Trump Speech, Core Retail Sales (MoM) (Dec), PPI (MoM) (Dec) and Retail Sales (MoM) (Dec).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7355

- In case of fall, we recommend to sell down 0.7193

We recommend: TO BUY

 

USD/JPY

USD/JPY was trading positively and pair closed at the level 116.89. The nearest resistance level is located at 118.59. The nearest support levels are located at 116.76 and 115.06.

For Japan, there will be no important news this week.

For USA, we recommend to pay attention to JOLTs Job Openings (Nov), Crude Oil Inventories, U.S. President Trump Speech, Core Retail Sales (MoM) (Dec), PPI (MoM) (Dec) and Retail Sales (MoM) (Dec).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 118.59

- In case of fall, we recommend to sell down 115.06

We recommend: TO AWAIT

 

USD/CHF

USD/CHF was trading differently and closed at level 1.0177. The nearest resistance levels are located at 1.0219 and 1.0333. The nearest support level is located at 1.0086.

For Switzerland, pay attention to Unemployment Rate s.a. (Dec).

For USA, we recommend to pay attention to JOLTs Job Openings (Nov), Crude Oil Inventories, U.S. President Trump Speech, Core Retail Sales (MoM) (Dec), PPI (MoM) (Dec) and Retail Sales (MoM) (Dec).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0333

- In case of fall, we recommend to sell down 1.0086

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading positively, but closed at the level 1172. Important resistance level is located at 1184. Nearest support levels are located at level 1163 and 1146.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1184

- In case of fall, we recommend to sell down 1146

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.