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BINARY OPTIONS INSIGHTS FOR APRIL 1ST 2016 AND NFP !!!

GBP/USD 1.25030 20:50 23.01
ALIBABA 98.255 20:45 23.01
GBP/USD 1.25057 20:40 23.01
BitCoin/CNY 6351.435 20:30 23.01
WELLS FARGO 54.405 20:30 23.01
TOYOTA (US) 118.250 20:30 23.01
COLGATE-PALMOLIVE 67.585 20:30 23.01
FERRARI 61.165 20:30 23.01
TSX 60 916.940 20:30 23.01
ALIBABA 98.210 20:30 23.01
BOEING 157.820 20:30 23.01
AUD/USD 0.75746 20:30 23.01
AUD/JPY 85.603 20:30 23.01
GBP/USD 1.25058 20:30 23.01
GENERAL ELECTRIC 29.645 20:30 23.01
S&P 500 2264.620 20:30 23.01
JP MORGAN CHASE 83.745 20:30 23.01
SILVER 17.171 20:30 23.01
AIG 65.535 20:30 23.01
USD/CAD 1.32506 20:30 23.01
GOLD 1215.815 20:30 23.01
DOW 19792.84 20:30 23.01
AUD/CAD 1.00366 20:30 23.01
DOLLAR INDEX-MAR17 100.135 20:30 23.01
3M 178.245 20:30 23.01
GOLD VS SILVER 70.8022 20:30 23.01
CITIGROUP 55.895 20:30 23.01
CITIGROUP VS AIG 0.85303 20:30 23.01
McDONALD'S 121.320 20:30 23.01
LAS VEGAS SANDS 55.485 20:30 23.01
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By: Adam Stone
April 1st, 2016 08:04am GMT, London UK

Market Recap & Outlook:

Housing starts in Japan for February surged by 7.8% year-over-year to 974,000 units. This followed the previous year’s rise of 0.2% to 873,000 units and was better than the 2.4% contraction to 880,000 units which was anticipated by economists. Construction orders dropped by 12.4% year-over-year, against estimates for an increase of 5.1%, adding to the previous year’s contraction of 13.8%. A binary options account with an online broker is required in order to have access to the market.

Initial jobless claims for the week ending March 26th 2016 posted an increase of 11,000 to 276,000 from the previous week’s level of 265,000. Continuing claims for the week ending March 19th 2016 decreased by 7,000 to 2,173,000 from the previous week’s upward revised level of 2,180,000. Consensus estimates were looking for no change in initial jobless claims at 265,000 and for an increase of 15,000 to 2,194,000 in continuing claims.

The final revision to the Eurozone Manufacturing PMI for the month of March is favored to confirm the previously reported level of 51.4. Preceding the Eurozone Manufacturing PMI revision will be the French and German Manufacturing PMI which are also estimated to show no change from the initially announced reading of 49.6 and 50.4; any revisions to the French or German data is likely to spill over to the Eurozone revision.

Today’s Binary Option Trading Recommendations Overview:
• EUR/JPY – Binary Put Option
• EUR/USD – Binary Put Option
• USD/CHF – Binary Call Option
• Crude Oil – Binary Call Option
• EuroStoxx 50 – Binary Call Option

Currency Pairs on today’s Radar Screen:
EUR/JPY – The EUR/JPY advanced from its horizontal support level into its horizontal resistance level from where a directional change emerged. The ascending 50 Day Moving Average (DMA) maintains its position above the ascending 200 DMA. The Accelerator Oscillator (AC) shows the build-up in negative pressure while the Relative Strength Index (RSI) is trading in neutral conditions after reversing from extreme overbought territory which resulted in an increase in downside momentum.

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its horizontal resistance level, but above of its 50 DMA. The EUR/JPY is estimated to enter a counter-trend move to the downside. Binary option traders are advised to seek binary put options in the EUR/JPY currency pair on rallies above 127.350 on the H1 Hourly Chart. The downside potential for this binary put option is 245 pips to 124.900 while the upside potential is 85 pips to 128.200. This results in a risk/reward ratio of 2.88.

EURJPY Binary Options Insights for April 1st 2016

EUR/USD – The EUR/USD is testing the strength of its newly formed horizontal resistance level from where a price action reversal is anticipated. The 50 DMA is ascending and widening the gap to the 200 DMA which is drifting higher at a slower pace. The AC points towards the emergence of a negative divergence. The RSI is trading in neutral territory as a result of the drop down from extreme overbought conditions.

Today’s Binary Options Trading Strategy: Put Option
Price action is presently trading below of its horizontal resistance level. The EUR/USD is expected to retrace until it will reach its horizontal support level. Binary option traders are advised to seek binary put options in the EUR/USD currency pair on rallies above 1.1350 on the H1 Hourly Chart. The downside potential for this binary put option is 205 pips to 1.1145 while the upside potential is 60 pips to 1.1410. This results in a risk/reward ratio of 3.42.

EURUSD Binary Options Insights for April 1st 2016

USD/CHF – The USD/CHF is stabilizing inside of its horizontal support level from where further negative pressure is being depleted. The descending 50 DMA is widening the gap to the descending 200 DMA. The AC favors a price action reversal in this currency pair as a positive divergence formed and the RSI is trading in neutral conditions following the recovery from extreme oversold territory; an advance into overbought levels is favored.

Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its horizontal support level with a build-up in positive momentum. The USD/CHF is anticipated to drift into its 50 DMA from where a breakout is set to extend the advance. Binary option traders are advised to seek binary call options in the USD/CHF currency pair on dips below 0.9620 on the H1 Hourly Chart. The upside potential for this binary call option is 165 pips to 0.9785 while the downside potential is 50 pips to 0.9570. This results in a risk/reward ratio of 3.30.

USDCHF Binary Options Insights for April 1st 2016

Today’s Commodity Trade
Crude Oil – Crude Oil entered a directional change from its intra-day low of 37.56 which was recorded yesterday on March 31st 2016. The 50 DMA is drifting sideways and continues to trade below the 200 DMA which is descending. The AC indicates the increase in upside momentum for this commodity as the RSI is trading in neutral territory after moving higher from oversold conditions; a push into extreme overbought levels is expected.

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. Crude Oil is estimated to accelerate until it can challenge its horizontal resistance level. Binary option traders are advised to seek binary call options in Crude Oil on dips below 38.35 on the H1 Hourly Chart. The upside potential for this binary call option is 350 pips to 41.85 while the downside potential is 110 pips to 37.25. This results in a risk/reward ratio of 3.18.

Crude Oil Today’s 04/01/2016 Commodity Trade

Today’s Equity Index Recommendation
EuroStoxx 50 – The EuroStoxx 50 is being pressured to the upside by its ascending support level which originated from its intra-day low of 2,934.0 reached on March 10th 2016. The sideways trending 50 DMA remains below the sideways trending 200 DMA. The AC suggests an advance due to the rise in positive pressure. The RSI is trading in oversold conditions as a result of the contraction from overbought territory. There is trading software available for traders who do not wish to manually analyze patterns.

Today’s Binary Options Trading Strategy: Call Option
Price action is presently trading above of its ascending support level and upside momentum is expanding. The EuroStoxx 50 is expected to move back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the EuroStoxx 50 equity index on dips below 3,020.0 on the H1 Hourly Chart. The upside potential for this binary call option is 9,500 pips to 3,115.0 while the downside potential is 4,500 pips to 2,975.0. This results in a risk/reward ratio of 2.00.

EuroStoxx 50 Today’s 04/01/2016 Equity Index Recommendation

Key Fundamental Data:

Australia – The AiG Manufacturing Index for the month of March jumped to 58.1 from February’s reading of 53.5. Estimates were looking for a drop of 0.8 points to 52.7.

Japan – The Tankan Large Manufacturers Index for the first-quarter of 2016 clocked in at 6 while the Outlook was reported at 3 following the fourth-quarter of 2015’s reading of 12 and 7 respectively. Estimates called for a level of 8 and 7. The Tankan Non-Manufacturing Index came in at 22 and the Outlook at 17 after the previous quarter’s 25 and 18 and against expectations for a decrease to 24 and an increase to 20. Tankan Large All Industry Capex dropped by 0.9% in the first-quarter following the fourth-quarter surge of 10.8%. The Tankan Small Manufacturers Index showed a level of -4 and the Outlook of -6 after the previous quarter’s 0 and -4 respectively; estimates favored a reading of -2 as well as -5. The Tankan Small Non-Manufacturers Index was reported at 4 and the Outlook at -3 following the fourth-quarter of 2015’s level of 5 and 0. Expectations called for a reading of 4 and 1.

China – The March Manufacturing PMI was reported at 50.2 and the Non-Manufacturing PMI at 53.8. Economists anticipated a reading of 49.3 and 53.1 after February’s level of 49.0 and 52.7. The Caixin Manufacturing PMI rose by 1.7 points to 49.7 from the previous month’s level of 48.0.

Eurozone – Consensus estimates for the Irish Investec Manufacturing PMI for March favor a rise to 56.0 from the 52.9 which was printed in the preceding month.

Russia – The March Markit Manufacturing PMI is anticipated to increase by 1.3 points to 50.6 from February’s contractionary level of 49.3.

Eurozone – Expectations for the NEVI Manufacturing PMI out of the Netherlands call for a rise to 52.4 in March from 51.7 while the Spanish Markit Manufacturing PMI is called in at 54.1 for no change.

Switzerland – February retail sales are estimated to expand by 0.2% month-over-month and 0.3% year-over-year after dropping by 0.3% and expanding by 0.2% in January respectively. The SVME Manufacturing PMI for March is expected at 51.0, down 0.6 points from the previous month’s 51.6.

Eurozone – Economists anticipate the Markit/ADACI Manufacturing PMI for March out of Italy to rise by 0.5 points to 52.7 from the 52.2 which was announced in the preceding month.

United Kingdom – The March Markit/CIPS Manufacturing PMI is favored to clock in at 51.2, up 0.4 points from February’s level of 50.8.

United States – Estimates for the non-farm payroll (NFP) report for March call for the creation of 210,000 jobs and an unemployment rate of 4.9%. This would follow the previous month’s addition of 242,000 jobs and unemployment rate of 4.9%. Average hourly earnings are called up by 0.2% month-over-month and 2.2% year-over-year after February’s decrease of 0.1% and rise of 2.2% respectively.

United States – The ISM Manufacturing PMI for the month of March is expected to increase by 1.2 points to 50.7 from the contractionary reading of 49.5 which was reported in the previous month.

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Adam Stone
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Adam Stone

As COO of GOptions, my first and foremost goal is to provide traders with the most up to date info from the markets. I have been trading the markets since 2004 and have been involved with stocks, binary options, and forex trading since then. I have had no formal market education and pride myself on a self taught approach to everything related to trading. I try to focus though on both the technical and fundamental aspects related to each trading day and bring forward the most important aspects of risk/reward in the market.
Adam Stone
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