Trading tactics for 15.05.2017 - 19.05.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in growth to the level 1.0928. The nearest resistance level is located at 1.0933. The nearest support levels are located at 1.0891 and 1.0839.

For Europe, this week, we recommend paying attention to Eurozone Consumer Price Index (CPI) YoY.

For USA, we recommend paying attention to U.S. Building Permits, U.S. Crude Oil Inventories and to U.S. Philadelphia Fed Manufacturing Index.

- In case of rise, we recommend to buy up to 1.0933 and higher.

- In case of fall, we recommend to sell down to 1.0839

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.2883. There might be tendencies for the future growth. The nearest resistance levels are located at 1.2908 and 1.2983. The nearest support level is located at 1.2844.

For Britain, pay attention to U.K. Consumer Price Index (CPI) YoY, U.K. Average Earnings Index +Bonus, U.K. Claimant Count Change and to U.K. Retail Sales MoM.

For USA, we recommend paying attention to U.S. Building Permits, U.S. Crude Oil Inventories and to U.S. Philadelphia Fed Manufacturing Index.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2983

- In case of fall, we recommend to sell down 1.2844

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading negatively and closed at the level 0.7385. The nearest resistance level is located at 0.7420. The nearest support levels are located at levels 0.7372 and 0.7326.

For Australia, pay attention to Reserve Bank of Australia Meeting Minutes and to Australia Employment Change.

For USA, we recommend paying attention to U.S. Building Permits, U.S. Crude Oil Inventories and to U.S. Philadelphia Fed Manufacturing Index.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7420

- In case of fall, we recommend to sell down 0.7326.

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed in a narrow corridor at the level 113.33. The nearest resistance levels are located at 113.63 and 114.36. The nearest support level is located at 113.13.

For Japan, pay attention to Japan Gross Domestic Product (GDP) QoQ.

For USA, we recommend paying attention to U.S. Building Permits, U.S. Crude Oil Inventories and to U.S. Philadelphia Fed Manufacturing Index.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 114.36

- In case of fall, we recommend to sell down 113.13.

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 1.0006. Important resistance levels are located at 1.0035 and 1.0098. Nearest support levels is located at level 0.9979..

For Switzerland, there will be no important news today.

For USA, we recommend paying attention to U.S. Building Permits, U.S. Crude Oil Inventories and to U.S. Philadelphia Fed Manufacturing Index.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0098

- In case of fall, we recommend to sell down 0.9979

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed negatively at the level 1228. Important resistance level is located at 1231. Nearest support level is located at 1222 and 1214

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1231

- In case of fall, we recommend to sell down 1214

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.