Trading tactics for 05.02.2018 - 09.02.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2453. The nearest resistance levels are located at levels 1.2461 and 1.2521. The nearest support level is located at 1.2382.

For Europe, pay attention to German Factory Orders (MoM) (Dec).

For USA, we recommend paying attention to Crude Oil Inventories, JOLTs Job Openings (Dec) and to ISM Non-Manufacturing PMI (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2521 and higher.

- In case of fall, we recommend to sell down to 1.2382

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.4118. There might be tendencies for the future growth. The nearest resistance levels are located at 1.4174 and 1.4276. The nearest support level is located at 1.4096.

For Britain, pay attention to Services PMI (Jan), BOE Inflation Letter, BoE Inflation Report, BoE Interest Rate Decision (Feb) and to Manufacturing Production (MoM) (Dec).

For USA, we recommend paying attention to Crude Oil Inventories, JOLTs Job Openings (Dec) and to ISM Non-Manufacturing PMI (Jan).

- In case of rise, we recommend to buy up 1.4276

- In case of fall, we recommend to sell down 1.4096

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7916. The nearest resistance levels are located at 0.8002 and 0.8115. The nearest support level is located at level 0.7916.

For Australia, pay attention to RBA Rate Statement, RBA Interest Rate Decision (Feb) and to Retail Sales (MoM) (Dec).

For USA, we recommend paying attention to Crude Oil Inventories, JOLTs Job Openings (Dec) and to ISM Non-Manufacturing PMI (Jan).

- In case of rise, we recommend to buy up to 0.8115

- In case of fall, we recommend to sell down 0.7916

We recommend: TO SEL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 110.12. The nearest resistance level is located at 110.47. The nearest support levels are located at 109.41 and 108.46.

For Japan, there will be no important news.

For USA, we recommend paying attention to Crude Oil Inventories, JOLTs Job Openings (Dec) and to ISM Non-Manufacturing PMI (Jan).

- In case of rise, we recommend to buy up to 110.47

- In case of fall, we recommend to sell down 108.46

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9303. Important resistance level is located at 0.9359. Nearest support levels are located at 0.9300 and 0.9253.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Crude Oil Inventories, JOLTs Job Openings (Dec) and to ISM Non-Manufacturing PMI (Jan).

- In case of rise, we recommend to buy up to 0.9359

- In case of fall, we recommend to sell down 0.9253

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1332. Important resistance levels are located at 1336 and 1350. Nearest support level is located at 1327.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1350

- In case of fall, we recommend to sell down 1327

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.