Trading tactics for 07.08.2017 - 11.08.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed by fall to the level 1.1772. The nearest resistance levels are located at levels 1.1801 and 1.1905. The nearest support level is located at 1.1729.

For Europe, pay attention to German Trade Balance (Jun) and German CPI (MoM) (Jul).

For USA, we recommend paying attention to Core CPI (MoM) (Jul), CPI (MoM) (Jul), PPI (MoM) (Jul), Crude Oil Inventories and to JOLTs Job Openings (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1905 and higher.

- In case of fall, we recommend to sell down to 1.1729

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed by fall to the level 1.3031. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3133 and 1.3263. The nearest support level is located at 1.3023.

For Britain, pay attention to Manufacturing Production (MoM) (Jun) and to Trade Balance (Jun).

For USA, we recommend paying attention to Core CPI (MoM) (Jul), CPI (MoM) (Jul), PPI (MoM) (Jul), Crude Oil Inventories and to JOLTs Job Openings (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.3263

- In case of fall, we recommend to sell down 1.3023

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7926. The nearest resistance levels are located at 0.7962 and 0.8042. The nearest support level is located at level 0.7890.

For Australia, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (Jul), CPI (MoM) (Jul), PPI (MoM) (Jul), Crude Oil Inventories and to JOLTs Job Openings (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.8042

- - In case of fall, we recommend to sell down 0.7890

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 110.67. The nearest resistance level is located at 111.03. The nearest support levels are located at 109.83 and 110.40.

For Japan, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (Jul), CPI (MoM) (Jul), PPI (MoM) (Jul), Crude Oil Inventories and to JOLTs Job Openings (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 111.03

- In case of fall, we recommend to sell down 109.83

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9726. Important resistance level is located at 0.9762. Nearest support level is located at 0.9692 и 0.9630.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Core CPI (MoM) (Jul), CPI (MoM) (Jul), PPI (MoM) (Jul), Crude Oil Inventories and to JOLTs Job Openings (Jun).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9762

- In case of fall, we recommend to sell down 0.9630

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1258. Important resistance levels are located at 1263 and 1274. Nearest support level is located at 1254.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1274

- In case of fall, we recommend to sell down 1254

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.