+1 (866)-882-6854
+ 44 203-807-1675
Chat
11:08:42 GMT
Black & White

BINARY OPTIONS INSIGHTS FOR FEBRUARY 1ST 2016

BitCoin/CNY 6291.000 11:00 24.01
USD/MXN 21.421 11:00 24.01
FTSE F-MAR17 7107.750 11:00 24.01
USD/RUB 59.259 11:00 24.01
USD/NOK 8.35711 11:00 24.01
USD/CHF 1.00118 11:00 24.01
OIL-MAR17 (BRENT) 55.480 11:00 24.01
EUR/ILS 4.06935 11:00 24.01
USD/ILS 3.79245 11:00 24.01
SBERBANK 168.585 11:00 24.01
GAZPROM 149.220 11:00 24.01
NZD/CHF 0.72229 11:00 24.01
CAD/CHF 0.75325 11:00 24.01
NZD/USD 0.72145 11:00 24.01
SUGAR (11)-MAR17 20.9750 11:00 24.01
CAD/JPY 85.347 11:00 24.01
AUD/USD 0.75568 11:00 24.01
AUD/JPY 85.721 11:00 24.01
GBP/USD 1.24566 11:00 24.01
EUR/USD 1.07297 11:00 24.01
VTB BANK 0.068940 11:00 24.01
ROSNEFT' 387.325 11:00 24.01
METRO AG 31.955 11:00 24.01
OIL-FEB17(WTI CRUDE) 52.550 11:00 24.01
SILVER 17.108 11:00 24.01
GOLD/EUR 1129.755 11:00 24.01
USD/JPY 113.440 11:00 24.01
EUR/JPY 121.719 11:00 24.01
GOLD VS OIL 21.8500 11:00 24.01
BMW VS DAIMLER 1.22767 11:00 24.01
X
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
February 1st, 2016 08:32am GMT, London UK

Market Recap & Outlook:

Switzerland released its KOF Leading Indicator for the month of January which clocked in at 100.3, well above economists’ expectations for a reading of 96.0. Adding to the positive report was the upward revision to the previous month in order to reflect a reading of 96.8.

The Swiss Franc was able to advance against the Euro, but drifted lower against the US Dollar. New binary traders can take advantage of an options trading course.
The advanced fourth-quarter gross domestic product (GDP) was revised down to a growth rate of 0.7% year-over-year following the initially reported expansion of 2.0%. Personal consumption was revised down from 3.0% to 2.2%, but the employment cost index remained unchanged at 0.6%. The GDP product price index clocked in at a rise of 0.8% after the previously reported increase of 1.3% and core personal consumption expenditure showed a downward revision to 1.2% from 1.4%.

The Irish Investec Manufacturing PMI for January is called in at 54.6, up 0.4 points from December’s level of 54.2 while the Dutch NEVI Manufacturing PMI is favored to rise by 0.8 points from 53.5 to 54.3. The Spanish Manufacturing PMI is expected to decrease by 0.6 points in January to 52.4 from the previous month’s level of 53.0 and the Italian Markit/ADACI Manufacturing PMI is estimated to clock in at 55.0, down 0.6 points from December’s reading of 55.6. The Greek Markit Manufacturing PMI is set to drop into contractionary territory with a print of 48.9 in January, down 1.3 points from the 50.2 released in the preceding month.

Today’s Binary Option Trading Recommendations Overview:
• GBP/JPY – Binary Put Option
• EUR/USD – Binary Call Option
• USD/CHF – Binary Put Option
• Silver – Binary CallOption
• S&P 500 – Binary Put Option

Currency Pairs on today’s Radar Screen:
GBP/JPY
– The GBP/JPY is exposed to an increase in negative pressure following the breakdown below its horizontal resistance level. The 50 Day Moving Average (DMA) is moving higher and widening the gap to the 200 DMA which is advancing at a slower pace. The Accelerator Oscillator (AC) points towards the contraction in upside momentum.The Relative Strength Index (RSI) is trading in neutral conditions as a result of the drop from extreme overbought territory.

GBP/JPY Binary Options Insights for February 1st 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its horizontal resistance level. The GBP/JPY is anticipated to accelerate to the downside. Binary option traders are advised to seek binary put options in the GBP/JPY currency pair on rallies above 172.600 on the H1 Hourly Chart. The downside potential for this binary put option is 815 pips to 164.450 while the upside potential is 160 pips to 174.200. This results in a risk/reward ratio of 5.09.

EUR/USD – The EUR/USD bounced higher after touching its ascending support level which originated from its intra-day low of 1.0777 recorded on January 21st 2016. The descending 50 DMA is closing in on the200 DMA which is descending at a slower pace. The AC shows the increase in positive momentum while the RSI is trading in neutral territory following the breakout from extreme oversold conditions which contributed to the growth in upside pressure.

EUR/USD Binary Options Insights for February 1st 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its ascending support level, but below its 200 DMA. The EUR/USD is expected to advance back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the EUR/USD currency pair on dips below 1.0860 on the H1 Hourly Chart. The upside potential for this binary call option is 105 pips to 1.0965 while the downside potential is 45 pips to 1.0815. This results in a risk/reward ratio of 2.33.

USD/CHF – The USD/CHFis depleting upside pressure inside of its horizontal resistance level from where a price action reversal is expected. The 50 DMA is trading above the200 DMA and both moving averages are drifting higher. The AC indicates a build-up in negative pressure in this currency pair as the RSI is trading in neutral conditions after contracting from extreme overbought territory; this added to the rise in downside momentum.

USD/CHF Binary Options Insights for February 1st 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading just below of its horizontal resistance level. The USD/CHF is anticipated to enter a counter-trend move to the downside. Binary option traders are advised to seek binary put options in the USD/CHF currency pair on rallies above 1.0200 on the H1 Hourly Chart. The downside potential for this binary put option is 210 pips to 0.9990 while the upside potential is 55 pips to 1.0255. This results in a risk/reward ratio of 3.82.

Today’s Commodity Trade
Silver
– Silveris being pressured to the upside by its ascending support level which emerged from its intra-day low of 13.881 reached on January 21st 2016. Thedescending 50 DMA is decreasing the distance to theascending 200 DMA. The AC favors a move to the upside due to the accumulation in positive pressure.The RSI is trading in neutral conditions territory as a result of the advance from extreme oversold conditions.

Silver  Today’s 01/02/2016 Commodity Trade

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its ascending support level with an increase in upside momentum. Silver is expected to complete a breakout above its 50 DMA and recover into its horizontal resistance level. Binary option traders are advised to seek binary call options in Silver on dips below 14.300 on the H1 Hourly Chart. The upside potential for this binary call option is 25 pips to 14.550 while the downside potential is 10 pips to 14.200. This results in a risk/reward ratio of 2.50.

Today’s Equity Index Recommendation
S&P 500
– The S&P 500is validating the strength of its newly formed horizontal resistance level.The 50 DMA is moving higher and maintains its positions above the 200 DMA which is ascending as well. The AC suggests a counter-trend reversalas a negative divergence formed andthe RSI is trading in overbought conditions following the deceleration from extreme overbought territory. There are plenty of binary options strategies available to suit each trading style while yielding profitable results.

SP 500 Today’s 01/02/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. The S&P 500 is anticipated to enter a corrective phase. Binary option traders are advised to seek binary put options in the S&P 500 equity index on rallies above 1,925.00on the H1 Hourly Chart. The downside potential for this binary put option is 11,500 pips to 1,810.00 while the upside potential is 4,500 pips to 1,970.00. This results in a risk/reward ratio of 2.56.

Key Fundamental Data:
China
– The Manufacturing PMI for the month of January remained in contractionary territory below a reading of 50.0 and was reported at 49.4 following December’s level of 49.7.The Non-Manufacturing PMI clocked in at 53.5, down from the previous month’s level of 54.4.

South Korea – The January Nikkei Manufacturing PMI dropped to 49.5, reflecting contraction in the sector, after being reported at 50.7 in December.

Japan – The final revision to the January Nikkei Manufacturing PMI showed a slowdown to 52.3, worse than the initially reported drop from 52.4to the 52.6 printed in the preceding month.

Malaysia – The Nikkei Manufacturing PMI increased by 0.6 points in January to a level of 48.6 from the 48.0 reported in the month of December.

Taiwan – The January Nikkei Manufacturing PMI posted a contraction of 1.1 points to 50.6 from the previous month’s level of 51.7.

Indonesia – The Nikkei Manufacturing PMI for January remained below the key 50.0 level and clocked in at 48.9, up1.1 points from the 47.8 reported in December.

Switzerland – Expectations for the January SVME Manufacturing PMI favor a decrease of 1.2 points to 50.9 from the previous month’s reading of 52.1.

Eurozone – The final revision to the French January Markit Manufacturing PMI is set to remain unchanged from the initially reported slowdown to 50.0 from the 51.4 printed in December.

Eurozone – Consensus estimates for the final look at the January Manufacturing PMI out of Germany favor no change from the originally released drop of 1.1 points to 52.1 from the previous month’s level of 53.2.

Eurozone – Economists anticipate the final Eurozone Manufacturing PMI revision for the month of January to confirm the initially announced decrease of 0.9 points to 52.3 from December’s 53.2.

United Kingdom – Expectations for the January Markit/CIPS Manufacturing PMI favor a reading of 51.8, down slightly from the 51.9 which was reported in the preceding month.

United States – Consensus estimates for personal income call for an increase of 0.2% in December while personal spending is expected to rise by 0.1%. This would represent a slowdown over November’s growth rate of 0.3% and 0.3% respectively.

United States – The final revision for the January Markit Manufacturing PMI is set to confirm the rise of 1.5 points to 52.7 from the 51.2 which was reported in December.

United States – Economists anticipate the ISM Manufacturing PMI for January to slide further into contractionary territory with a reading of 48.0, down 0.2 points from the previous month’s level of 48.0.The Employment Index is expected to remain unchanged at 48.0.

Share Button
Adam Stone
Follow me

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
Follow me

Start Trading with the most professional mobile platform, always on the GO
Play StoreApp Store