Trading tactics for 02.10.2017 - 06.10.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1812. The nearest resistance level is located at level 1.1860. The nearest support levels are located at 1.1792 and 1.1716.

For Europe, pay attention to German Manufacturing PMI (Sep), Markit Composite PMI (Sep), Services PMI (Sep), Retail Sales (MoM) (Aug) and ECB Publishes Account of Monetary Policy Meeting.

For USA, we recommend paying attention to ISM Manufacturing PMI (Sep), ADP Nonfarm Employment Change (Sep), ISM Non-Manufacturing PMI (Sep), Crude Oil Inventories, Nonfarm Payrolls (Sep) and Unemployment Rate (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1860 and higher.

- In case of fall, we recommend to sell down to 1.1716

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3390. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3512 and 1.3429. The nearest support level is located at 1.3342.

For Britain, pay attention to Manufacturing PMI (Sep), Construction PMI (Sep) and Services PMI (Sep).

For USA, we recommend paying attention to ISM Manufacturing PMI (Sep), ADP Nonfarm Employment Change (Sep), ISM Non-Manufacturing PMI (Sep), Crude Oil Inventories, Nonfarm Payrolls (Sep) and Unemployment Rate (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1.3512

- In case of fall, we recommend to sell down 1.3342

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7829. The nearest resistance levels are located at 0.7882 and 0.7948. The nearest support level is located at levels 0.7799.

For Australia, pay attention to RBA Interest Rate Decision (Oct) and RBA Rate Statement.

For USA, we recommend paying attention to ISM Manufacturing PMI (Sep), ADP Nonfarm Employment Change (Sep), ISM Non-Manufacturing PMI (Sep), Crude Oil Inventories, Nonfarm Payrolls (Sep) and Unemployment Rate (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7948

- - In case of fall, we recommend to sell down 0.7799

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.45. The nearest resistance level is located at 113.25. The nearest support levels are located at 112.20 and 111.49

For Japan, there will be no important news.

For USA, we recommend paying attention to ISM Manufacturing PMI (Sep), ADP Nonfarm Employment Change (Sep), ISM Non-Manufacturing PMI (Sep), Crude Oil Inventories, Nonfarm Payrolls (Sep) and Unemployment Rate (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 113.25

- In case of fall, we recommend to sell down 111.49

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9678. Important resistance levels are located at 0.9707 and 0.9768. Nearest support level is located at 0.9652.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to ISM Manufacturing PMI (Sep), ADP Nonfarm Employment Change (Sep), ISM Non-Manufacturing PMI (Sep), Crude Oil Inventories, Nonfarm Payrolls (Sep) and Unemployment Rate (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9707

- In case of fall, we recommend to sell down 0.9652

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1278. Important resistance levels are located at 1295 and 1313. Nearest support level is located at 1275.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1313

- In case of fall, we recommend to sell down 1275

We recommend: TO SELL

Disclaimer. This review is only for information purposes and cannot be considered as a proposal or an indication to perform certain transactions in the financial and commodity markets. The estimates and recommendations in the review are the personal opinion of the company's analysts. The company's view on the prospects for individual financial instruments is valid as of the date of the report. The Company does not assume any liability and liabilities for compensation for damage that may result from the use of this report.