Trading tactics for 04.09.2017 - 08.09.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1854. The nearest resistance levels are located at levels 1.1955 and 1.2068. The nearest support level is located at 1.1823.

For Europe, pay attention to ECB Interest Rate Decision (Sep) and to Deposit Facility Rate.

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (Jan) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2068 and higher.

- In case of fall, we recommend to sell down to 1.1723

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.2939. There might be tendencies for the future growth. The nearest resistance level is located at 1.2992. The nearest support levels are located at 1.2928 and 1.2851.

For Britain, pay attention to Construction PMI (Aug), Services PMI (Aug), Manufacturing Production (MoM) (Jul).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (Jan) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.2992

- In case of fall, we recommend to sell down 1.2851

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7967. The nearest resistance level is located at 0.7994. The nearest support levels are located at levels 0.7928 and 0.7870.

For Australia, pay attention to Retail Sales (MoM) (Jul), GDP (QoQ) (Q2), RBA Rate Statement and to RBA Interest Rate Decision (Sep).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (Jan) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7994

- - In case of fall, we recommend to sell down 0.7870

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 110.21. The nearest resistance level is located at 110.66. The nearest support levels are located at 109.37 and 108.26.

For Japan, pay attention to GDP (QoQ) (Q2).

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (Jan) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 110.66

- In case of fall, we recommend to sell down 108.26

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9639. Important resistance level is located at 0.9679. Nearest support levels are located at 0.9558 and 0.9427.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to ISM Non-Manufacturing PMI (Jan) and to Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9679

- In case of fall, we recommend to sell down 0.9427

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1325. Important resistance level is located at 1328. Nearest support levels are located at 1314 and 1297.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1228

- In case of fall, we recommend to sell down 1297

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.