Trading tactics for 19.02.2018 - 23.02.2018

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.2403. The nearest resistance levels are located at levels 1.2413 and 1.2554. The nearest support level is located at 1.2273.

For Europe, pay attention to CPI (YoY) (Jan), German GDP (QoQ) (Q4), ECB Publishes Account of Monetary Policy Meeting, German Ifo Business Climate Index (Feb), German Manufacturing PMI (Feb) and to German ZEW Economic Sentiment (Feb).

For USA, we recommend paying attention to Existing Home Sales (Jan), FOMC Meeting Minutes and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2554 and higher.

- In case of fall, we recommend to sell down to 1.2273

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.4027. There might be tendencies for the future growth. The nearest resistance level is located at 1.4143. The nearest support levels are located at 1.3968 and 1.3800.

For Britain, pay attention to Inflation Report Hearings, Average Earnings Index +Bonus (Dec), Claimant Count Change (Jan), GDP (QoQ) (Q4) and to GDP (YoY) (Q4).

For USA, we recommend paying attention to Existing Home Sales (Jan), FOMC Meeting Minutes and to Crude Oil Inventories.

- In case of rise, we recommend to buy up 1.4143

- In case of fall, we recommend to sell down 1.3800

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7905. The nearest resistance level is located at 0.7986. The nearest support level is located at levels 0.7867 and 0.7771.

For Australia, pay attention to RBA Meeting Minutes.

For USA, we recommend paying attention to Existing Home Sales (Jan), FOMC Meeting Minutes and to Crude Oil Inventories.

- In case of rise, we recommend to buy up to 0.7986

- In case of fall, we recommend to sell down 0.7771

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 106.25. The nearest resistance levels are located at 106.63 and 107.89. The nearest support level is located at 105.53.

For Japan, there will be no important news.

For USA, we recommend paying attention to Existing Home Sales (Jan), FOMC Meeting Minutes and to Crude Oil Inventories.

- In case of rise, we recommend to buy up to 107.89

- In case of fall, we recommend to sell down 105.53

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9262. Important resistance levels are located at 0.9270 and 0.9373. Nearest support level is located at 0.9186.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Existing Home Sales (Jan), FOMC Meeting Minutes and to Crude Oil Inventories.

- In case of rise, we recommend to buy up to 0.9373

- In case of fall, we recommend to sell down 0.9186

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1347. Important resistance level is located at 1361. Nearest support level is located at 1335 and 1316.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1347

- In case of fall, we recommend to sell down 1316

We recommend: TO BUY

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.