Trading tactics for 28.08.2017 - 01.09.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in growth to the level 1.1924. The nearest resistance level is located at level 1.1939. The nearest support level are located at 1.1854 and 1.1740.

For Europe, pay attention to German Manufacturing PMI (Aug), CPI (YoY) (Aug) and to German Unemployment Change (Aug).

For USA, we recommend paying attention to CB Consumer Confidence (Aug), ADP Nonfarm Employment Change (Aug), GDP (QoQ) (Q2), Crude Oil Inventories, Pending Home Sales (MoM) (Jul), Nonfarm Payrolls (Aug) and to Unemployment Rate (Aug).


Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1939 and higher.

- In case of fall, we recommend to sell down to 1.1740

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.2874. There might be tendencies for the future growth. The nearest resistance level is located at 1.2908. The nearest support levels are located at 1.2846 and 1.2773.

For Britain, pay attention to Manufacturing PMI (Aug).

For USA, we recommend paying attention to CB Consumer Confidence (Aug), ADP Nonfarm Employment Change (Aug), GDP (QoQ) (Q2), Crude Oil Inventories, Pending Home Sales (MoM) (Jul), Nonfarm Payrolls (Aug) and to Unemployment Rate (Aug).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2908

- In case of fall, we recommend to sell down 1.2773

We recommend: TO AWAIT

 

AUD/USD

 

AUD/USD previous week was trading differently and closed at the level 0.7930. The nearest resistance level is located at 0.7953. The nearest support levels are located at levels 0.7913 and 0.7865

For Australia, there will be no important news.

For USA, we recommend paying attention to CB Consumer Confidence (Aug), ADP Nonfarm Employment Change (Aug), GDP (QoQ) (Q2), Crude Oil Inventories, Pending Home Sales (MoM) (Jul), Nonfarm Payrolls (Aug) and to Unemployment Rate (Aug).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7953

- In case of fall, we recommend to sell down 0.7865

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 109.31. The nearest resistance levels are located at 109.37 and 109.82. The nearest support level is located at 108.83.

For Japan, there will be no important news.

For USA, we recommend paying attention to CB Consumer Confidence (Aug), ADP Nonfarm Employment Change (Aug), GDP (QoQ) (Q2), Crude Oil Inventories, Pending Home Sales (MoM) (Jul), Nonfarm Payrolls (Aug) and to Unemployment Rate (Aug).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 109.82

- In case of fall, we recommend to sell down 108.83

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9556. Important resistance levels are located at 0.9620 and 0.9699. Nearest support level is located at 0.9550..

For Switzerland, there will be no important news.

For USA, we recommend paying attention to CB Consumer Confidence (Aug), ADP Nonfarm Employment Change (Aug), GDP (QoQ) (Q2), Crude Oil Inventories, Pending Home Sales (MoM) (Jul), Nonfarm Payrolls (Aug) and to Unemployment Rate (Aug).

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 0.9550

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1290. Important resistance level is located at 1295. Nearest support levels are located at 1285 and 1276.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1295

- In case of fall, we recommend to sell down 1276

We recommend: TO AWAIT

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.