Trading tactics for 10.04.2017 - 14.04.2017

EUR/USD

Almost all week EUR/USD was trading negatively, but pair increased and closed by fall to the level 1.0587. The nearest resistance levels are located at 1.0631 and 1.0688. The nearest support level is located at 1.0580.

For Europe, this week, we recommend paying attention to German ZEW Economic Sentiment (Apr).

For USA, we recommend paying attention to JOLTs Job Openings (Feb), Crude Oil Inventories and to PPI (MoM) (Mar).

- In case of rise, we recommend to buy up to 1.0688 and higher.

- In case of fall, we recommend to sell down to 1.0580.

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and in the end of the week, pair closed by fall to the level 1.2364. There might be tendencies for the future growth. The nearest resistance levels is located at 1.2422 and 1.2504. The nearest support level is located at 1.2464.

For Britain, pay attention to CPI (YoY) (Mar), Average Earnings Index +Bonus (Feb) and to Claimant Count Change (Mar).

For USA, we recommend paying attention to JOLTs Job Openings (Feb), Crude Oil Inventories and to PPI (MoM) (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2504.

- In case of fall, we recommend to sell down 1.2464.

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed by fall to the level 0.7493. The nearest resistance levels are located 0.7547 and 0.7614. The nearest support level is located at level 0.7493.

For Australia, pay attention to Employment Change (Mar) and to NAB Business Confidence (Mar).

For USA, we recommend paying attention to JOLTs Job Openings (Feb), Crude Oil Inventories and to PPI (MoM) (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7614.

- In case of fall, we recommend to sell down 0.7493.

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently and closed in a narrow corridor at the level 111.03. The nearest resistance level is located at 111.44. The nearest support levels are located at 111.78 and 110.13.

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

For USA, we recommend paying attention to JOLTs Job Openings (Feb), Crude Oil Inventories and to PPI (MoM) (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 111.44.

- In case of fall, we recommend to sell down 110.13.

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading positively. Pair closed by fall to the level 1.0084. Important resistance level is located at 1.0095. Nearest support levels are located at levels 1.0050 and 1.0010.

For Switzerland, pay attention to PPI (MoM) (Mar).

For USA, we recommend paying attention to JOLTs Job Openings (Feb), Crude Oil Inventories and to PPI (MoM) (Mar).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0095.

- In case of fall, we recommend to sell down 1.0010.

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1254. Important resistance levels are located at 1258 and 1270. Nearest support level is located at 1243.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1270.

- In case of fall, we recommend to sell down 1243.

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.