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BINARY OPTIONS INSIGHTS FOR JANUARY 20TH 2016

BitCoin/CNY 6273.870 21:00 24.01
WELLS FARGO 54.700 21:00 24.01
USD/CHF 1.00085 21:00 24.01
TOYOTA (US) 117.620 21:00 24.01
SONY 30.485 21:00 24.01
SILVER 17.118 21:00 24.01
GOLD 1209.957 21:00 24.01
COLGATE-PALMOLIVE 68.265 21:00 24.01
FIAT CHRYSLER 10.89 21:00 24.01
LOCKHEED MARTIN 252.895 21:00 24.01
FERRARI 62.695 21:00 24.01
TSX 60 924.440 21:00 24.01
AUD/NZD 1.04665 21:00 24.01
ALIBABA 101.450 21:00 24.01
BOEING 160.540 21:00 24.01
NZD/USD 0.72463 21:00 24.01
BANK OF AMERICA 22.945 21:00 24.01
PFIZER 31.155 21:00 24.01
CAD/JPY 86.432 21:00 24.01
NZD/JPY 82.435 21:00 24.01
AUD/USD 0.75845 21:00 24.01
AUD/JPY 86.280 21:00 24.01
GBP/JPY 142.263 21:00 24.01
GENERAL ELECTRIC 29.990 21:00 24.01
S&P 500 2280.120 21:00 24.01
JP MORGAN CHASE 84.715 21:00 24.01
GOLD/EUR 1127.335 21:00 24.01
USD/JPY 113.763 21:00 24.01
EUR/JPY 122.101 21:00 24.01
CITIGROUP VS JP MORGAN CHASE 0.67015 21:00 24.01
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By: Adam Stone
January 20th, 2016 08:32am GMT, London UK

Market Recap & Outlook:

Switzerland reported its December producer & import prices which showed an uptick in deflationary pressures in the Alpine economy with a contraction of 0.4% month-over-month and 5.5% year-over-year. This represented a reversal over the previous month’s increase of 0.4% month-over-month, but matched the 5.5% drop year-over-year. Consensus estimates called for a smaller decrease of 0.2% and 5.4% respectively.

Foreign securities purchases for the month of November out of Canada decreased to C$2.58 billion from October’s level of C$19.08 billion. Economists anticipated a smaller drop to C$12.10 billion. Foreign securities purchases by Canadians rose to C$16.46 billion in November from the previous month’s level of C$3.19 billion. A binary options trading system will greatly increase the amount of profitable trades and reduce losses.

Expectations for housing starts out of the United States for the month of December favor an increase of 2.3% to 1,200,000 units following November’s surge of 10.5% to 1,173,000 housing starts. Building permits are anticipated to drop by 6.4% to 1,200,000 permits after rising by 10.4% to 1,282,000 permits in the previous month. A strong housing sector is needed to provide a boost to consumer confidence which may spill over into a rise in personal consumption.

Today’s Binary Option Trading Recommendations Overview:
• GBP/USD – Binary Call Option
• EUR/CHF – Binary Put Option
• USD/CAD – Binary Put Option
• Crude Oil – Binary CallOption
• NASDAQ 100 – Binary Call Option

Currency Pairs on today’s Radar Screen:
GBP/USD
– The GBP/USDdepleting downside pressure inside of its newly formed horizontal support level. The descending 50 Day Moving Average (DMA) maintains its positions below the descending200 DMA. The Accelerator Oscillator (AC) shows the accumulation in upside momentum while the Relative Strength Index (RSI) is trading in oversold conditions as a result of the recovery from extreme oversold territory.

GBP/USD Binary Options Insights for January 20th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of itshorizontal support level with an increase in positive pressure. The GBP/USD is expectedto accelerate to the upside. Binary option traders are advised to seek binary call options in the GBP/USD currency pair on dips below 1.4160 on the H1 Hourly Chart. The upside potential for this binary call option is 460 pips to 1.4620 while the downside potential is 110 pips to 1.4050. This results in a risk/reward ratio of 4.18.

EUR/CHF – The EUR/CHFis exposed to an increase in negative momentum following the reversal from its descending resistance level. The 50 DMA is trending higher and remains above the 200 DMA which is also ascending. The AC favors a price action reversal due to the rise in downside pressure.The RSI is trading in neutral territory after moving higher from oversold conditions; a drop back down into oversold levels is expected.

EUR/CHF Binary Options Insights for January 20th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its descending resistance level as negative pressure is on the rise. The EUR/CHF is anticipated to drift into its 200 DMA from where a breakdown is favored. Binary option traders are advised to seek binary put options in the EUR/CHF currency pair on rallies above 1.0940 on the H1 Hourly Chart. The downside potential for this binary put option is 105 pips to 1.0835 while the upside potential is 40 pips to 1.0980. This results in a risk/reward ratio of 2.63.

USD/CAD – The USD/CADis testing the strength of its horizontal resistance level from where a directional change is anticipated to emerge. The sideways trending 50 DMA carries a positive bias above the ascending 200 DMA. The AC suggests a contraction from current levels as upside momentum is decelerating and the RSI is trading in extreme overbought conditions following the move higher from oversold territory.

USD/CAD Binary Options Insights for January 20th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading inside of its horizontal resistance level. The USD/CAD is expected to enter a corrective phase. Binary option traders are advised to seek binary put options in the USD/CAD currency pair on rallies above 1.4620 on the H1 Hourly Chart. The downside potential for this binary put option is 555 pips to 1.4065 while the upside potential is 180 pips to 1.4800. This results in a risk/reward ratio of 3.08.

Today’s Commodity Trade
Crude Oil
– Crude Oilis validating its newly formed horizontal support level from where further downside pressure is being depleted. The50 DMA is moving lower and continues to trade below the 200 DMA which is descending as well. The AC points towards the accumulation in positive pressurein this commodity favoring an advance. The RSI is trading in neutralterritoryas a result of the advance from oversold conditions.Binary options reviews show a rise in call options.

Crude Oil Today’s 20/01/2016 Commodity Trade

Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its horizontal support level and upside momentum is increasing. Crude Oil is anticipated to recover back into its horizontal resistance level. Binary option traders are advised to seek binary call options in Crude Oil on dips below 29.00 on the H1 Hourly Chart. The upside potential for this binary call option is 530 pips to 34.30 while the downside potential is 200 pips to 27.00. This results in a risk/reward ratio of 2.65.

Today’s Equity Index Recommendation
NASDAQ 100
– The NASDAQ 100reversed the breakout above its horizontal support level and is now trading back inside of it from where downside pressure is fading.The descending 50 DMA is trading below thedescending 200 DMA. The AC indicates the formation of a positive dive the RSI is trading in oversold conditions after descending from overbought territory; a spike back into overbought levels is anticipated.

NASDAQ 100 Today’s 20/01/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The NASDAQ 100 is expected to advance until it can challenge its horizontal resistance level. Binary option traders are advised to seek binary call options in the NASDAQ 100equity index on dips below 4,120.00 on the H1 Hourly Chart. The upside potential for this binary call option is 25,500 pips to 4,375.00 while the downside potential is 6,500 pips to 4,055.00. This results in a risk/reward ratio of 3.92.

Key Fundamental Data:

Malaysia – The December consumer price index (CPI) is called in at a rise of 2.7% year-over-year following the previous year’s advance of 2.6%.

Eurozone – Expectations for the German producer price index (PPI) in December favor a decrease of 0.4% month-over-month and 2.2% year-over-year after posting a contraction of 0.2% month-over-month and 2.5% year-over-year in November.

South Africa – Consensus estimates for the December CPI call for an increase of 0.2% month-over-month and 5.2% year-over-year. This would represent an uptick in inflationary pressures over the previous month’s rise of 0.1% and 4.8%.

Eurozone – Economists anticipate a current account deficit of €0.500 billion out of Greece for November after reporting a surplus of €0.314 billion in the preceding month.

United Kingdom – Initial jobless claims for December are set to rise by 2,800 with a claimant count rate of 2.3% following November’s increase of 3,900 initial jobless claims and claimant count rate of 2.3%.

United Kingdom – Expectations for the employment change ending in the three-month-over-three month period of November favor 235,000 job additions and an ILO unemployment rate of 5.2%. This would mark an improvement over the previous month’s job additions of 207,000 and ILO unemployment rate of 5.2%. Average weekly earnings are anticipated to increase by 2.1% and excluding bonuses by 1.8% following October’s expansion of 2.4% and 2.0% respectively.

Switzerland – Consensus estimates for the January ZEW Economic Sentiment Index call for a reading of 17.8, up 1.2 points over the previous month’s figure of 16.6.

South Africa – Economists anticipate November retail sales to show an increase of 2.9% year-over-year. This would represent a slowdown over the previous year’s increase of 3.3%.

United States – Mortgage Bankers Association (MBA) mortgage applications are called down by 2.3% in the week ending January 15th 2016 after surging by 21.3% in the preceding week.

Canada–Expectations for wholesale trade sales favor an increase of 0.5% month-over-month in November while manufacturing sales are called up by 0.5% as well. This would mark a reversal over October’s contraction of 0.6% and 1.1% respectively.

United States – Consensus estimates for the December CPI call for a reading of 0.0% month-over-month and at a rise of 0.8% year-over-year following the previous month’s level of 0.0% month-over-month and increase of 0.5% year-over-year. The core CPI is expected to expand by 0.2% month-over-month and 2.1% year-over-year after rising by 0.2% and 2.0% in November.

Canada – The Bank of Canada (BoC) is expected to keep its benchmark interest rate unchanged from its current level of 0.50%.

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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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