Trading tactics for 06.02.2017 - 10.02.2017

EUR/USD

Almost all week EUR/USD was trading positively, but pair closed at level 1.0782. The nearest resistance level is located at 1.0827. The nearest support levels are located at 1.0736 и 1.0684

For Europe, this week, we recommend paying attention to ECB President Draghi Speech, German 10-Year Bund Auction.

For USA, we recommend to pay attention to JOLTs Job Openings (Dec), Crude Oil Inventories and Federal Budget Balance (Jan).

- In case of rise, we recommend to buy up to 1.0827 and higher.

- In case of fall, we recommend to sell down to 1.0684.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading positively and in the end of the week, pair decreased and closed at the level 1.2481. There might be tendencies for the future growth. The nearest resistance levels are located at 1.2546 and 1.2706. The nearest support level is located at 1.2411.

For Britain, we recommend paying attention to BoE Gov Carney Speech, Manufacturing Production (MoM) (Dec), NIESR GDP Estimate and Trade Balance Non-EU (Dec).

For USA, we recommend to pay attention to JOLTs Job Openings (Dec), Crude Oil Inventories and Federal Budget Balance (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2706

- In case of fall, we recommend to sell down 1.2411.

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week cleated many different trends and closed at level 0.7678. The nearest resistance level is located at 0.7695. The nearest support levels are located at level 0.7612 и 0.7542..

For Australia, pay attention to RBA Interest Rate Decision (Jan), RBA Rate Statement and Home Loans (MoM) (Dec).

For USA, we recommend to pay attention to JOLTs Job Openings (Dec), Crude Oil Inventories and Federal Budget Balance (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7695

- In case of fall, we recommend to sell down 1.2706

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently and closed at the level 112.55. The nearest resistance levels are located at 112.93 and 113.96. The nearest support level is located at 112.05.

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

For USA, we recommend to pay attention to JOLTs Job Openings (Dec), Crude Oil Inventories and Federal Budget Balance (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 113.96

- In case of fall, we recommend to sell down 112.05.

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed at level 0.9921. Important resistance levels are located at 0.9926 and 0.9984. Nearest support level is located at level 0.9860.

For Switzerland, pay attention to SECO Consumer Climate (Q1), Unemployment Rate n.s.a. (Jan) and Unemployment Rate s.a. (Jan).

For USA, we recommend to pay attention to JOLTs Job Openings (Dec), Crude Oil Inventories and Federal Budget Balance (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9984

- In case of fall, we recommend to sell down 0.9960.

We recommend: TO AWAIT

 

GOLD

Previous week GOLD formed many different trends, but closed in the narrow corridor at the level 1219, but there might be tendencies for the future growth. Important resistance level is located at 1225. Nearest support levels are located at levels 1207 and 1193.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1225.

- In case of fall, we recommend to sell down 1193.

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.