Trading tactics for 16.10.2017 - 20.10.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1817. The nearest resistance level is located at level 1.1879. The nearest support levels are located at 1.1805 and 1.1740.

For Europe, pay attention to German ZEW Economic Sentiment (Oct) and to CPI (YoY) (Sep).

For USA, we recommend paying attention to building Permits (Sep), philadelphia Fed Manufacturing Index (Oct) and to Existing Home Sales (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1879 and higher.

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

We recommend: TO AWAIT

 

GBP/USD

GBP/USD pair was trading negatively and closed at the level 1.3278. There might be tendencies for the future growth. The nearest resistance level is located at 1.3336. The nearest support levels are located at 1.3233 and 1.3133.

For Britain, pay attention to CPI (YoY) (Sep), Average Earnings Index +Bonus (Aug), Claimant Count Change (Sep) and to Retail Sales (MoM) (Sep).

For USA, we recommend paying attention to building Permits (Sep), philadelphia Fed Manufacturing Index (Oct) and to Existing Home Sales (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1.3336

- In case of fall, we recommend to sell down 1.3133

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7888. The nearest resistance level is located at 0.7896. The nearest support level is located at level 0.7835 and 0.7756.

For Australia, pay attention to Employment Change (Sep).

For USA, we recommend paying attention to building Permits (Sep), philadelphia Fed Manufacturing Index (Oct) and to Existing Home Sales (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7896

- In case of fall, we recommend to sell down 0.7756

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 111.82. The nearest resistance levels are located at 112.19 and 112.81. The nearest support level is located at 111.68

For Japan, there will be no important news.

For USA, we recommend paying attention to building Permits (Sep), philadelphia Fed Manufacturing Index (Oct) and to Existing Home Sales (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 112.81

- In case of fall, we recommend to sell down 111.68

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9740. Important resistance levels are located at 0.9753 and 0.9798. Nearest support level is located at 0.9704.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to building Permits (Sep), philadelphia Fed Manufacturing Index (Oct) and to Existing Home Sales (Sep).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.9798

- In case of fall, we recommend to sell down 0.9704

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1303. Important resistance level is located at 1303. Nearest support levels are located at 1291 and 1282.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1303

- In case of fall, we recommend to sell down 1282

We recommend: TO BUY

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.