Trading tactics for 12.02.2018 - 16.02.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2249. The nearest resistance levels are located at levels 1.2302 and 1.2404. The nearest support level is located at 1.2382.

For Europe, pay attention to German GDP (QoQ) (Q4) and Trade Balance (Dec).

For USA, we recommend paying attention to Building Permits (Jan), PPI (MoM) (Jan), Philadelphia Fed Manufacturing Index (Feb), Crude Oil Inventories, Retail Sales (MoM) (Jan), Core Retail Sales (MoM) (Jan), Core CPI (MoM) (Jan).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2404 and higher.

- In case of fall, we recommend to sell down to 1.2203

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3822. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3907 and 1.4063. The nearest support level is located at 1.3762

For Britain, pay attention to CPI (YoY) (Jan) and to Retail Sales (MoM) (Jan).

For USA, we recommend paying attention to Building Permits (Jan), PPI (MoM) (Jan), Philadelphia Fed Manufacturing Index (Feb), Crude Oil Inventories, Retail Sales (MoM) (Jan), Core Retail Sales (MoM) (Jan), Core CPI (MoM) (Jan).

- In case of rise, we recommend to buy up 1.4063

- In case of fall, we recommend to sell down 1.3762

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7806. The nearest resistance levels are located at 0.7841 and 0.7908. The nearest support level is located at level 0.7757.

For Australia, pay attention to Employment Change (Jan) and to Westpac Consumer Sentiment (Feb).

For USA, we recommend paying attention to Building Permits (Jan), PPI (MoM) (Jan), Philadelphia Fed Manufacturing Index (Feb), Crude Oil Inventories, Retail Sales (MoM) (Jan), Core Retail Sales (MoM) (Jan), Core CPI (MoM) (Jan).

- In case of rise, we recommend to buy up to 0.7908

- In case of fall, we recommend to sell down 0.7757

We recommend: TO SEL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 108.76. The nearest resistance level is located at 109.76. The nearest support levels are located at 108.68 and 108.02.

For Japan, pay attention to GDP (QoQ) (Q4).

For USA, we recommend paying attention to Building Permits (Jan), PPI (MoM) (Jan), Philadelphia Fed Manufacturing Index (Feb), Crude Oil Inventories, Retail Sales (MoM) (Jan), Core Retail Sales (MoM) (Jan), Core CPI (MoM) (Jan).

- In case of rise, we recommend to buy up to 109.76

- In case of fall, we recommend to sell down 108.02

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9366. Important resistance levels are located at 0.9402 and 0.9468. Nearest support level is located at 0.9338.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Building Permits (Jan), PPI (MoM) (Jan), Philadelphia Fed Manufacturing Index (Feb), Crude Oil Inventories, Retail Sales (MoM) (Jan), Core Retail Sales (MoM) (Jan), Core CPI (MoM) (Jan).

- In case of rise, we recommend to buy up to 0.9468

- In case of fall, we recommend to sell down 0.9338

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1315. Important resistance levels are located at 1325 and 1343. Nearest support level is located at 1306.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1343

- In case of fall, we recommend to sell down 1306

We recommend: TO SELL

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.