Trading tactics for 27.11.2017 - 01.12.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1927. The nearest resistance level is located at level 1.1944. The nearest support levels are located at 1.1813 and 1.1712.

For Europe, pay attention to German Unemployment Change (Nov), CPI (YoY) (Nov) and to German Manufacturing PMI (Nov).

For USA, we recommend paying attention to New Home Sales (Oct), CB Consumer Confidence (Nov), GDP (QoQ) (Q3), Pending Home Sales (MoM) (Oct), Crude Oil Inventories and to ISM Manufacturing PMI (Nov).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1944 and higher.

- In case of fall, we recommend to sell down to 1.1712

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3328. There might be tendencies for the future growth. The nearest resistance level is located at 1.3259. The nearest support levels are located at 1.3281 and 1.3208.

For Britain, pay attention to Manufacturing PMI (Nov), GDP (QoQ) (Q3) and to GDP (YoY) (Q3).

For USA, we recommend paying attention to New Home Sales (Oct), CB Consumer Confidence (Nov), GDP (QoQ) (Q3), Pending Home Sales (MoM) (Oct), Crude Oil Inventories and to ISM Manufacturing PMI (Nov).

- In case of rise, we recommend to buy up 1.3259

- In case of fall, we recommend to sell down 1.3208

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7609. The nearest resistance level is located at 0.7637. The nearest support levels are located at level 0.7583 and 0.7532.

For Australia, there will be no important news.

For USA, we recommend paying attention to New Home Sales (Oct), CB Consumer Confidence (Nov), GDP (QoQ) (Q3), Pending Home Sales (MoM) (Oct), Crude Oil Inventories and to ISM Manufacturing PMI (Nov).

- In case of rise, we recommend to buy up to 0.7637

- In case of fall, we recommend to sell down 0.7532

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 111.49. The nearest resistance levels are located at 111.94 and 112.69. The nearest support level is located at 111.06.

For Japan, there will be no important news.

For USA, we recommend paying attention to New Home Sales (Oct), CB Consumer Confidence (Nov), GDP (QoQ) (Q3), Pending Home Sales (MoM) (Oct), Crude Oil Inventories and to ISM Manufacturing PMI (Nov).

- In case of rise, we recommend to buy up to 112.69

- In case of fall, we recommend to sell down 111.06

We recommend: TO AWAIT

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9783. Important resistance levels is located at 0.9861 and 0.9946. Nearest support level is located at 0.9783.

For Switzerland, there will be no important news.

For USA, we recommend paying attention to New Home Sales (Oct), CB Consumer Confidence (Nov), GDP (QoQ) (Q3), Pending Home Sales (MoM) (Oct), Crude Oil Inventories and to ISM Manufacturing PMI (Nov).

- In case of rise, we recommend to buy up to 0.9946

- In case of fall, we recommend to sell down 0.9783

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1287. Important resistance level is located at 1294. Nearest support levels are located at 1284 and 1274.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1287

- In case of fall, we recommend to sell down 1274

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.