Trading tactics for 26.06.2017 - 30.06.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1192. The nearest resistance level is located at level 1.1208. The nearest support levels are located at 1.1168 and 1.1118.

For Europe, this week, pay attention to German Ifo Business Climate Index (Jun), ECB President Draghi Speech, German Unemployment Change (Jun) and to CPI (YoY) (Jun).

For USA, we recommend paying attention to Core Durable Goods Orders (MoM) (May), CB Consumer Confidence (Jun), Fed Chair Yellen Speech, Pending Home Sales (MoM) (May) and to Crude Oil Inventories, GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1208 and higher.

- In case of fall, we recommend to sell down to 1.1118

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.2713. There might be tendencies for the future growth. The nearest resistance level is located at 1.2757. The nearest support levels are located at 1.2674 and 1.2588.

For Britain, pay attention to GDP (QoQ) (Q1), GDP (YoY) (Q1) and to BoE Gov Carney Speech.

For USA, we recommend paying attention to Core Durable Goods Orders (MoM) (May), CB Consumer Confidence (Jun), Fed Chair Yellen Speech, Pending Home Sales (MoM) (May) and to Crude Oil Inventories, GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2757

- In case of fall, we recommend to sell down 1.2588

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading negatively and closed in growth at the level 0.7567. The nearest resistance levels are located at 0.7579 and 0.7622. The nearest support level is located at levels 0.7534.

For Australia, there will be no important news.

For USA, we recommend paying attention to Core Durable Goods Orders (MoM) (May), CB Consumer Confidence (Jun), Fed Chair Yellen Speech, Pending Home Sales (MoM) (May) and to Crude Oil Inventories, GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7622

- In case of fall, we recommend to sell down 0.7534

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently, and closed in growth to the level 111.27. The nearest resistance levels are located at 111.35 and 111.78. The nearest support level is located at 110.94.

For Japan, there will be no important news.

For USA, we recommend paying attention to Core Durable Goods Orders (MoM) (May), CB Consumer Confidence (Jun), Fed Chair Yellen Speech, Pending Home Sales (MoM) (May) and to Crude Oil Inventories, GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 111.35

- In case of fall, we recommend to sell down 110.94

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9691. Important resistance levels are located at 0.9721 and 0.9765. Nearest support level is located at 0.9675.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Core Durable Goods Orders (MoM) (May), CB Consumer Confidence (Jun), Fed Chair Yellen Speech, Pending Home Sales (MoM) (May) and to Crude Oil Inventories, GDP (QoQ) (Q1).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9765

- In case of fall, we recommend to sell down 0.9675

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading positively and closed in fall to the level 1256. Important resistance level is located at 1258. Nearest support levels are located at 1249 and 1241.

Binary Option Trading Tactic:

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

- In case of fall, we recommend to sell down 1241

We recommend: TO SELL