Trading tactics for 24.04.2017 - 27.04.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in growth to the level 1.0722. The nearest resistance level is located at 1.0777. The nearest support levels are located at 1.0706 and 1.0641.

For Europe, this week, we recommend paying attention to German Ifo Business Climate Index (Apr), CPI (YoY) (Apr), ECB Press Conference, ECB Interest Rate Decision (Apr) and Deposit Facility Rate.

For USA, we recommend paying attention to CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar), Pending Home Sales (MoM) (Mar) and GDP (QoQ) (Q1).

- In case of rise, we recommend to buy up to 1.0722 and higher.

- In case of fall, we recommend to sell down to 1.0641.

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading in a narrow corridor and closed at the level 1.2805. There might be tendencies for the future growth. The nearest resistance level is located at 1.2878. The nearest support levels are located at 1.2681 and 1.2514.

For Britain, pay attention to GDP (YoY) (Q1) and GDP (QoQ) (Q1).

For USA, we recommend paying attention to CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar), Pending Home Sales (MoM) (Mar) and GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2878.

- In case of fall, we recommend to sell down 1.2514.

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7541. The nearest resistance levels are located at 0.7595 and 0.7546. The nearest support level is located at level 0.7490.

For Australia, pay attention to CPI (QoQ) (Q1), PPI (QoQ) (Q1), PPI (YoY) (Q1) and Private Sector Credit (MoM) (Mar).

For USA, we recommend paying attention to CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar), Pending Home Sales (MoM) (Mar) and GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7595

- In case of fall, we recommend to sell down 0.7490.

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently, and closed in a narrow corridor at the level 109.03. The nearest resistance level is located at 109.48. The nearest support levels are located at 108.85 and 108.31.

For Japan, pay attention to BoJ Monetary Policy Statement (YoY), BoJ Outlook Report (YoY), BoJ Interest Rate Decision, Household Spending (MoM) (Mar), Household Spending (YoY) (Mar), Jobs/applications ratio (Mar), National Core CPI (YoY) (Mar), Tokyo Core CPI (YoY) (Apr) and Industrial Production (MoM) (Mar).

For USA, we recommend paying attention to CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar), Pending Home Sales (MoM) (Mar) and GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 109.48

- In case of fall, we recommend to sell down 108.31.

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9939. Important resistance levels are located at 1.0047 and 0.9999. Nearest support level is located at level 0.9939.

For Switzerland, pay attention to KOF Leading Indicators (Apr).

For USA, we recommend paying attention to CB Consumer Confidence (Apr), New Home Sales (Mar), Crude Oil Inventories, Core Durable Goods Orders (MoM) (Mar), Pending Home Sales (MoM) (Mar) and GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0047.

- In case of fall, we recommend to sell down 0.9939.

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1284. Important resistance level is located at 1292. Nearest support level is located at 1282 and 1273.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1292.

- In case of fall, we recommend to sell down 1273.

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.