Trading tactics for 10.07.2017 - 14.07.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1397. The nearest resistance level is located at level 1.1433. The nearest support levels are located at 1.1370 and 1.1345

For Europe, this week, pay attention to Industrial Production (MoM) (May).

For USA, we recommend paying attention to JOLTs Job Openings (May), PPI (MoM) (Jun), Core CPI (MoM) (Jun), Core Retail Sales (MoM) (Jun) and to Retail Sales (MoM) (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1433 and higher.

- In case of fall, we recommend to sell down to 1.1345

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.2872. There might be tendencies for the future growth. The nearest resistance levels are located at 1.2918 and 1.2975. The nearest support level is located at 1.2866.

For Britain, pay attention to Average Earnings Index +Bonus (May) and to Claimant Count Change (Jun).

For USA, we recommend paying attention to JOLTs Job Openings (May), PPI (MoM) (Jun), Core CPI (MoM) (Jun), Core Retail Sales (MoM) (Jun) and to Retail Sales (MoM) (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2975

- In case of fall, we recommend to sell down 1.2866

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7686. The nearest resistance levels are located at 0.7631 and 0.7681. The nearest support levels are located at levels 0.7640 and 0.7571.

For Australia, pay attention to Retail Sales (MoM) (May), RBA Interest Rate Decision (Jul) and RBA Rate Statement.

For USA, we recommend paying attention to JOLTs Job Openings (May), PPI (MoM) (Jun), Core CPI (MoM) (Jun), Core Retail Sales (MoM) (Jun) and to Retail Sales (MoM) (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7681

- In case of fall, we recommend to sell down 0.7571

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 113.51. The nearest resistance level is located at 114.16. The nearest support levels are located at 113.51 and 112.76.

For Japan, there will be no important news.

For USA, we recommend paying attention to JOLTs Job Openings (May), PPI (MoM) (Jun), Core CPI (MoM) (Jun), Core Retail Sales (MoM) (Jun) and to Retail Sales (MoM) (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 114.16

- In case of fall, we recommend to sell down 112.76

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9634. Important resistance levels are located at 0.9685 and 0.9636. Nearest support level is located at 0.9595.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to JOLTs Job Openings (May), PPI (MoM) (Jun), Core CPI (MoM) (Jun), Core Retail Sales (MoM) (Jun) and to Retail Sales (MoM) (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9685

- In case of fall, we recommend to sell down 0.9595

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed in fall to the level 1212. Important resistance levels are located at 1217 and 1229. Nearest support level is located at 1207.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1229

- In case of fall, we recommend to sell down 1207

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.