Trading tactics for 27.03.2017 - 31.03.2017

EUR/USD

Almost all week EUR/USD was trading negatively, but pair increased and closed at level 1.0789. The nearest resistance level is located at 1.0824. The nearest support levels are located at 1.0777 and 1.0734.

For Europe, this week, we recommend paying attention to German Ifo Business Climate Index (Mar), German Unemployment Change (Mar) and CPI (YoY) (Mar).

For USA, we recommend to pay attention to CB Consumer Confidence (Mar), Pending Home Sales (MoM) (Feb), Crude Oil Inventories, GDP (QoQ) (Q4).

- In case of rise, we recommend to buy up to 1.0824 and higher.

- In case of fall, we recommend to sell down to 1.0734.

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading positively and in the end of the week, pair closed in a narrow corridor at the level 1.2468. There might be tendencies for the future growth. The nearest resistance level is located at 1.2529. The nearest support levels are located at 1.2426 and 1.2339.

For Britain, we recommend paying attention to GDP (QoQ) (Q4) and GDP (YoY) (Q4).

For USA, we recommend to pay attention to CB Consumer Confidence (Mar), Pending Home Sales (MoM) (Feb), Crude Oil Inventories, GDP (QoQ) (Q4).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2529

- In case of fall, we recommend to sell down 1.2339.

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading negatively and closed at the level 0.7621. The nearest resistance levels are located at 0.7682 and 0.7748. The nearest support level is located at levels 0.7603.

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

For USA, we recommend to pay attention to CB Consumer Confidence (Mar), Pending Home Sales (MoM) (Feb), Crude Oil Inventories, GDP (QoQ) (Q4).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7748

- In case of fall, we recommend to sell down 0.7603.

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading negatively and closed by fall to the level 111.29. The nearest resistance levels are located at 111.83 and 112.85. The nearest support level is located at 110.63.

For Japan, pay attention to Household Spending (MoM) (Feb), Household Spending (YoY) (Feb), Jobs/applications ratio (Feb) and National Core CPI (YoY) (Feb).

For USA, we recommend to pay attention to CB Consumer Confidence (Mar), Pending Home Sales (MoM) (Feb), Crude Oil Inventories, GDP (QoQ) (Q4).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 112.85

- In case of fall, we recommend to sell down 110.63.

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9911. Important resistance levels are located at 0.9936 and 0.9989. Nearest support level is located at level 0.9881.

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

For USA, we recommend to pay attention to CB Consumer Confidence (Mar), Pending Home Sales (MoM) (Feb), Crude Oil Inventories, GDP (QoQ) (Q4).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9989

- In case of fall, we recommend to sell down 0.9881.

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading positively and closed at the level 1243. Important resistance level is located at 1253. Nearest support levels are located at 1238 and 1126.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1253

- In case of fall, we recommend to sell down 1126

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.