Trading tactics for 11.12.2017 - 15.12.2017

EUR/USD

Almost all week EUR/USD was trading differently, but pair closed in a narrow corridor at the level 1.1771. The nearest resistance levels are located at levels 1.1808 and 1.1875. The nearest support level is located at 11.1729.

For Europe, pay attention to ECB Press Conference, ECB Interest Rate Decision (Dec), Deposit Facility Rate, German Manufacturing PMI (Dec) and to German ZEW Economic Sentiment (Dec).

For USA, we recommend paying attention to JOLTs Job Openings (Oct), PPI (MoM) (Nov), Core CPI (MoM) (Nov), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, BoE Interest Rate Decision (Dec), Core Retail Sales (MoM) (Nov) and to Retail Sales (MoM) (Nov).

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up to 1.1875 and higher.

- In case of fall, we recommend to sell down to 1.1729

We recommend: TO SELL

 

GBP/USD

GBP/USD pair was trading differently and closed at the level 1.3378. There might be tendencies for the future growth. The nearest resistance levels are located at 1.3426 and 1.3519. The nearest support level is located at 1.3319.

For Britain, pay attention to CPI (YoY) (Nov), Average Earnings Index +Bonus (Oct), Claimant Count Change (Nov), Retail Sales (MoM) (Nov), BoE Interest Rate Decision (Dec) and BoE MPC Meeting Minutes.

For USA, we recommend paying attention to JOLTs Job Openings (Oct), PPI (MoM) (Nov), Core CPI (MoM) (Nov), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, BoE Interest Rate Decision (Dec), Core Retail Sales (MoM) (Nov) and to Retail Sales (MoM) (Nov).

- In case of rise, we recommend to buy up 1.3519

- In case of fall, we recommend to sell down 1.3319

We recommend: TO AWAIT

 

AUD/USD

AUD/USD previous week was trading differently and closed at the level 0.7507. The nearest resistance levels are located at 0.7574 and 0.7653. The nearest support level is located at level 0.7500.

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

For USA, we recommend paying attention to JOLTs Job Openings (Oct), PPI (MoM) (Nov), Core CPI (MoM) (Nov), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, BoE Interest Rate Decision (Dec), Core Retail Sales (MoM) (Nov) and to Retail Sales (MoM) (Nov).

- In case of rise, we recommend to buy up to 0.7653

- In case of fall, we recommend to sell down 0.7500

We recommend: TO SELL

 

USD/JPY

USD/JPY all week was trading differently, and closed the level 112.86. The nearest resistance level is located at 113.58. The nearest support levels are located at 112.86 and 111.98.

For Japan, pay attention to Tankan Large Non-Manufacturers Index (Q4) and Tankan Large Manufacturers Index (Q4).

For USA, we recommend paying attention to JOLTs Job Openings (Oct), PPI (MoM) (Nov), Core CPI (MoM) (Nov), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, BoE Interest Rate Decision (Dec), Core Retail Sales (MoM) (Nov) and to Retail Sales (MoM) (Nov).

- In case of rise, we recommend to buy up to 113.58

- In case of fall, we recommend to sell down 111.98

We recommend: TO BUY

 

USD/CHF

USD/CHF previous week was trading differently. Pair closed by fall to the level 0.9922. Important resistance level is located at 0.9977. Nearest support levels are located at 0.9906 and 0.9836.

For Switzerland, pay attention to SNB Press Conference, SNB Monetary Policy Assessment and to SNB Interest Rate Decision.

For USA, we recommend paying attention to JOLTs Job Openings (Oct), PPI (MoM) (Nov), Core CPI (MoM) (Nov), Crude Oil Inventories, FOMC Economic Projections, FOMC Statement, Fed Interest Rate Decision, FOMC Press Conference, BoE Interest Rate Decision (Dec), Core Retail Sales (MoM) (Nov) and to Retail Sales (MoM) (Nov).

- In case of rise, we recommend to buy up to 0.9977

- In case of fall, we recommend to sell down 0.9836

We recommend: TO BUY

 

GOLD

Previous week GOLD was trading differently and closed at the level 1247. Important resistance levels are located at 1260 and 1276. Nearest support level is located at 1243.

Binary Option Trading Tactic:

- In case of rise, we recommend to buy up 1276

- In case of fall, we recommend to sell down 1243

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.