Trading tactics for 06.11.2017 - 10.11.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1606. The nearest resistance levels are located at levels 1.1641 and 1.1690. The nearest support level is located at 1.1598.

For Europe, pay attention to Markit Composite PMI (Oct) and Services PMI (Oct).

For USA, we recommend paying attention to JOLTs Job Openings (Sep) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1690 and higher.

- In case of fall, we recommend to sell down to 1.1598

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3073. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3168 and 1.3320. The nearest support level is located at 1.3038.

For Britain, pay attention to Manufacturing Production (MoM) (Sep).

For USA, we recommend paying attention to JOLTs Job Openings (Sep) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1.3320

- In case of fall, we recommend to sell down 1.3038

We recommend: TO SELL

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7643. The nearest resistance levels are located at 0.7681 and 0.7729. The nearest support level is located at level 0.7639.

For Australia, there will be no important news.

For USA, we recommend paying attention to JOLTs Job Openings (Sep) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 0.7729

- In case of fall, we recommend to sell down 0.7639

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 114.03. The nearest resistance level is located at 114.42. The nearest support levels are located at 113.59 и 112.94.

For Japan, there will be no important news.

For USA, we recommend paying attention to JOLTs Job Openings (Sep) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 114.42

- In case of fall, we recommend to sell down 112.94

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 1.0003. Important resistance level is located at 1.0036. Nearest support levels are located at 0.9984 and 0.9941.

For Switzerland, pay attention to Unemployment Rate n.s.a. (Oct) and Unemployment Rate s.a. (Oct).

For USA, we recommend paying attention to JOLTs Job Openings (Sep) and Crude Oil Inventories.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.0036

- In case of fall, we recommend to sell down 0.9941

We recommend: TO AWAIT

 

GOLD

Previous week GOLD was trading differently and closed at the level 1269. Important resistance levels are located at 1273 and 1284. Nearest support levels are located at 1265.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1284

- In case of fall, we recommend to sell down 1265

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.