Trading tactics for 13.11.2017 - 17.11.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1663. The nearest resistance level is located at level 1.1677. The nearest support levels are located at 1.1610 and 1.1552.

For Europe, pay attention to German GDP (QoQ) (Q3), German ZEW Economic Sentiment (Nov) and CPI (YoY) (Oct).

For USA, we recommend paying attention to Building Permits (Oct), Philadelphia Fed Manufacturing Index (Nov), Crude Oil Inventories, Retail Sales (MoM) (Oct), Core Retail Sales (MoM) (Oct) and Core CPI (MoM) (Oct), PPI (MoM) (Oct).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1677 and higher.

- In case of fall, we recommend to sell down to 1.1552

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3187. There might be tendencies for the future growth. The nearest resistance level is located at 1.3228. The nearest support levels are located at 1.3160 and 1.3084.

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

For USA, we recommend paying attention to Building Permits (Oct), Philadelphia Fed Manufacturing Index (Nov), Crude Oil Inventories, Retail Sales (MoM) (Oct), Core Retail Sales (MoM) (Oct) and Core CPI (MoM) (Oct), PPI (MoM) (Oct).

- In case of rise, we recommend to buy up 1.3228

- In case of fall, we recommend to sell down 1.3084

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7657. The nearest resistance levels are located at 0.7660 and 0.7700. The nearest support level is located at level 0.7626.

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

For USA, we recommend paying attention to Building Permits (Oct), Philadelphia Fed Manufacturing Index (Nov), Crude Oil Inventories, Retail Sales (MoM) (Oct), Core Retail Sales (MoM) (Oct) and Core CPI (MoM) (Oct), PPI (MoM) (Oct).

- In case of rise, we recommend to buy up to 0.7700

- In case of fall, we recommend to sell down 0.7626

We recommend: TO AWAIT

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 113.51. The nearest resistance levels are located at 113.64 and 114.33. The nearest support level is located at 113.08.

For Japan, pay attention to GDP (QoQ) (Q3).

For USA, we recommend paying attention to Building Permits (Oct), Philadelphia Fed Manufacturing Index (Nov), Crude Oil Inventories, Retail Sales (MoM) (Oct), Core Retail Sales (MoM) (Oct) and Core CPI (MoM) (Oct), PPI (MoM) (Oct).

- In case of rise, we recommend to buy up to 114.33

- In case of fall, we recommend to sell down 113.08

We recommend: TO SELL

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9959. Important resistance levels is located at 0.9968 and 1.0018. Nearest support level is located at 0.9920.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to Building Permits (Oct), Philadelphia Fed Manufacturing Index (Nov), Crude Oil Inventories, Retail Sales (MoM) (Oct), Core Retail Sales (MoM) (Oct) and Core CPI (MoM) (Oct), PPI (MoM) (Oct).

- In case of rise, we recommend to buy up to 1.0018

- In case of fall, we recommend to sell down 0.9920

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1275. Important resistance levels are located at 1280 and 1288. Nearest support levels are located at 1271.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1288

- In case of fall, we recommend to sell down 1271

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.