Trading tactics for 03.04.2017 - 07.04.2017

EUR/USD

Almost all week EUR/USD was trading negatively, but pair increased and closed at level 1.0646. The nearest resistance levels are located at 1.0768 and 1.0871. The nearest support level is located at 1.0646.

For Europe, this week, we recommend paying attention to German Manufacturing PMI (Mar).

For USA, we recommend paying attention to ISM Manufacturing PMI (Mar), ADP Nonfarm Employment Change (Mar), ISM Non-Manufacturing PMI (Mar), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Mar) and to Unemployment Rate (Mar).

- In case of rise, we recommend to buy up to 1.0871 and higher.

- In case of fall, we recommend to sell down to 1.0646.

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and in the end of the week, pair closed in a narrow corridor at the level 1.2237. There might be tendencies for the future growth. The nearest resistance level is located at 1.2596. The nearest support levels are located at 1.2494 and 1.2376.

For Britain, pay attention to Manufacturing PMI (Mar), Construction PMI (Mar), Services PMI (Mar) and to Manufacturing Production (MoM) (Feb).

For USA, we recommend paying attention to ISM Manufacturing PMI (Mar), ADP Nonfarm Employment Change (Mar), ISM Non-Manufacturing PMI (Mar), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Mar) and to Unemployment Rate (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2596.

- In case of fall, we recommend to sell down 1.2376.

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7624. The nearest resistance levels are located at 0.7629 and 0.7678. The nearest support level is located at level 0.7586

For Australia, pay attention to RBA Interest Rate Decision (Apr) and RBA Rate Statement.

For USA, we recommend paying attention to ISM Manufacturing PMI (Mar), ADP Nonfarm Employment Change (Mar), ISM Non-Manufacturing PMI (Mar), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Mar) and to Unemployment Rate (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7678.

- In case of fall, we recommend to sell down 0.7586.

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently and closed by fall to the level 111.37. The nearest resistance level is located at 112.19. The nearest support levels are located at 111.10 and 110.17.

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

For USA, we recommend paying attention to ISM Manufacturing PMI (Mar), ADP Nonfarm Employment Change (Mar), ISM Non-Manufacturing PMI (Mar), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Mar) and to Unemployment Rate (Mar).

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 110.17.

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading positively. Pair closed by fall to the level 1.0025. Important resistance level is located at 1.0028. Nearest support levels are located at levels 0.9921 and 0.9829.

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

For USA, we recommend paying attention to ISM Manufacturing PMI (Mar), ADP Nonfarm Employment Change (Mar), ISM Non-Manufacturing PMI (Mar), Crude Oil Inventories, FOMC Meeting Minutes, Nonfarm Payrolls (Mar) and to Unemployment Rate (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0028.

- In case of fall, we recommend to sell down 0.9829.

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1248. Important resistance level is located at 1258. Nearest support levels are located at 1248 and 1239.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1258.

- In case of fall, we recommend to sell down 1239.

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.