Trading tactics for 17.07.2017 - 21.07.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in growth at the level 1.1465. The nearest resistance level is located at level 1.1488. The nearest support levels are located at 1.1434 and 1.1371.

For Europe, pay attention to CPI (YoY) (Jun), German ZEW Economic Sentiment (Jul), Deposit Facility Rate, ECB Interest Rate Decision (Jul) and to ECB Press Conference.

For USA, we recommend paying attention to Building Permits (Jun), Cushing Crude Oil Inventories, Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Jul).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1488 and higher.

- In case of fall, we recommend to sell down to 1.1371

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading positively and closed at the level 1.3094. There might be tendencies for the future growth. The nearest resistance level is located at 1.3112. The nearest support levels are located at 1.2968 and 1.2812.

For Britain, pay attention to CPI (YoY) (Jun) an to Retail Sales (MoM) (Jun).

For USA, we recommend paying attention to Building Permits (Jun), Cushing Crude Oil Inventories, Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Jul).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3112

- In case of fall, we recommend to sell down 1.2812

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading positively and closed at the level 0.7822. The nearest resistance level is located at 0.7832. The nearest support levels are located at levels 0.7729 and 0.7602.

For Australia, pay attention to RBA Meeting Minutes and to Employment Change (Jun).

For USA, we recommend paying attention to Building Permits (Jun), Cushing Crude Oil Inventories, Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Jul).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7832

- In case of fall, we recommend to sell down 0.7302

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.50. The nearest resistance levels are located at 114.48 and 113.53. The nearest support level is located at 112.27.

For Japan, pay attention to BoJ Outlook Report (YoY), BoJ Press Conference and to BoJ Monetary Policy Statement (YoY).

For USA, we recommend paying attention to Building Permits (Jun), Cushing Crude Oil Inventories, Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Jul).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 114.48

- In case of fall, we recommend to sell down 112.27

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9632. Important resistance levels are located at 0.9699 and 0.9654. Nearest support level is located at 0.9602.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Building Permits (Jun), Cushing Crude Oil Inventories, Crude Oil Inventories and to Philadelphia Fed Manufacturing Index (Jul).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9699

- In case of fall, we recommend to sell down 0.9602

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1218. Important resistance level is located at 1232. Nearest support levels are located at 1219 и 1208.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1232

- In case of fall, we recommend to sell down 1208

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.