Trading tactics for 04.12.2017 - 08.12.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1895. The nearest resistance level is located at level 1.1939. The nearest support levels are located at 1.1875 and 1.1808.

For Europe, pay attention to ECB President Draghi Speech, GDP (QoQ) (Q3) and to GDP (YoY) (Q3).

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

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1939 and higher.

- In case of fall, we recommend to sell down to 1.1808

We recommend: TO BUY

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3463. There might be tendencies for the future growth. The nearest resistance level is located at 1.3548. The nearest support levels are located at 1.3391 and 1.3219.

For Britain, pay attention to Construction PMI (Nov), Services PMI (Nov) and Manufacturing Production (MoM) (Oct).

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

- In case of rise, we recommend to buy up 1.3548

- In case of fall, we recommend to sell down 1.3219

We recommend: TO BUY

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7610. The nearest resistance level is located at 0.7638. The nearest support levels are located at level 0.7596 and 0.7555.

For Australia, pay attention to RBA Interest Rate Decision (Dec), GDP (QoQ) (Q3) and to RBA Rate Statement.

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

- In case of rise, we recommend to buy up to 0.7638

- In case of fall, we recommend to sell down 0.7555

We recommend: TO BUY

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.15. The nearest resistance level is located at 112.87. The nearest support levels are located at 111.86 and 111.05.

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

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

- In case of rise, we recommend to buy up to 112.87

- In case of fall, we recommend to sell down 111.05

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9753. Important resistance levels is located at 0.9802 and 0.9881. Nearest support level is located at 0.9733

For Switzerland, there will be no important news.

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

- In case of rise, we recommend to buy up to 0.9881

- In case of fall, we recommend to sell down 0.9733

We recommend: TO SELL

 

GOLD

Previous week GOLD was trading differently and closed at the level 1279. Important resistance levels are located at 1282 and 1297. Nearest support level is located at 1270.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1297

- In case of fall, we recommend to sell down 1270

We recommend: TO AWAIT

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.