+1 (866)-882-6854
+ 44 203-807-1675
Chat
21:23:48 GMT
Black & White

BINARY OPTIONS INSIGHTS FOR FEBRUARY 11TH 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
X
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
February 11th, 2016 08:32am GMT, London UK

Market Recap & Outlook:

French industrial production unexpectedly plunged by 1.6% in December month-over-month and rose 2.0% year-over-year. Economists anticipated an increase of 0.2% and 2.8% respectively. This represented a rise in the rate of contraction over the previous month’s drop of 0.9% month-over-month and a slowdown over the 2.8% increase year-over-year. Virtual options trading can be a great exercise for new traders before placing live trades.

Industrial production for the month of December out of the United Kingdom decreased by 1.1% month-over-month and by 0.4% year-over-year following November’s downward revised contraction of 0.8% and downward revised increase of 0.7% respectively. Manufacturing production dropped by 0.2% month-over-month and by 1.7% year-over-year after the previous month’s upward revised decrease of 0.3% and unrevised drop of 1.2%.

The Swiss consumer price index (CPI) for January is anticipated to post a contraction of 0.4% month-over-month and 1.3% year-over-year. This would match the deflationary reading which was reported in the preceding month. The EU Harmonized CPI is also expected to remain unchanged in January from December’s decrease of 0.2% month-over-month and 1.4% year-over-year. The Swiss Franc could advance following the release of this report.

Today’s Binary Option Trading Recommendations Overview:
• AUD/USD – Binary Put Option
• GBP/USD – Binary Put Option
• EUR/CHF – Binary Call Option
• Platinum – Binary PutOption
• DAX30 – Binary Call Option

Currency Pairs on today’s Radar Screen:
AUD/USD
– The AUD/USD bounced from its horizontal support level into its descending resistance level from where further upside momentum is fading. The 50 Day Moving Average (DMA) is drifting higher and decreasing the distance to the200 DMA which is trending sideways. The Accelerator Oscillator (AC) indicates the build-up in negative pressure.The Relative Strength Index (RSI) is trading in neutral territory after reversing from overbought conditions.

AUD/USD Binary Options Insights for February 11th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its descending resistance level. The AUD/USD is expected to drop down into its horizontal support level. Binary option traders are advised to seek binary put options in the AUD/USD currency pair on rallies above 0.7085 on the H1 Hourly Chart. The downside potential for this binary put option is 110 pips to 0.6975 while the upside potential is 55 pips to 0.7140. This results in a risk/reward ratio of 2.00.

GBP/USD – The GBP/USD is being pressured to the downside by its descending resistance level which emerged from its intra-day high of 1.4668 reached on February 4th 2016. The ascending 50 DMA crossed above theascending200 DMA, but the close proximity of the two moving averages is prone to false crossovers. The AC shows the loss in upside momentum andthe RSI is trading in neutral conditions as a result of the plunge from extreme overbought territory.

GBP/USD Binary Options Insights for February 11th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its descending resistance level, but above of its 200 DMA. The GBP/USD is anticipated to accelerate to the downside. Binary option traders are advised to seek binary put options in the GBP/USD currency pair on rallies above 1.4525 on the H1 Hourly Chart. The downside potential for this binary put option is 265 pips to 1.4260 while the upside potential is 110 pips to 1.4635. This results in a risk/reward ratio of 2.41.

EUR/CHF – The EUR/CHF is depleting downside pressure inside of its horizontal support level from where a price action reversal is anticipated. The 50 DMA is moving to the downside and continues to trade below the200 DMAwhich is descending as well. The AC favors a move to the upside due to the formation of a positive divergence as the RSI is trading in neutral territory following the advance from extreme oversold conditions.

EUR/CHF Binary Options Insights for February 11th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The EUR/CHF is expected to enter a counter-trend move to the upside. Binary option traders are advised to seek binary call options in the EUR/CHF currency pair on dips below 1.0985 on the H1 Hourly Chart. The upside potential for this binary call option is 215 pips to 1.1200 while the downside potential is 85 pips to 1.0900. This results in a risk/reward ratio of 2.53.

Today’s Commodity Trade
Platinum
– Platinum advanced from its horizontal support level into its horizontal resistance level from where a breakdown is favored to emerge. Theascending50 DMA maintains its position above theascending200 DMA. The AC suggests a price action reversal due to the loss in positive momentum while the RSI is trading in neutral conditions after moving lower from overbought territory; a plunge back into oversold levels is expected.

Platinum Today’s 11/02/2016 Commodity Trade

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level as negative pressure is accumulating. Platinum is anticipated to enter a corrective phase. Binary option traders are advised to seek binary put options in Platinum on rallies above 928.0 on the H1 Hourly Chart. The downside potential for this binary put option is 7,850 pips to 849.5 while the upside potential is 2,200 pips to 950.0. This results in a risk/reward ratio of 3.57.

Today’s Equity Index Recommendation
DAX 30
– The DAX 30 forced a momentum change from negative to positive with the breakout above its horizontal support level.The 50 DMA is descending and widening the gap to the200 DMAwhich is drifting slowly to the downside. The AC points towards the rise in upside momentum in this equity index.The RSI is trading in neutral conditions as a result of the move lower from neutral territory.Index trading carries less risk than individual stock option trading.

DAX 30 Today’s 11/02/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. TheDAX 30 is expected to move back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the DAX 30 equity index on dips below 8,950.00on the H1 Hourly Chart. The upside potential for this binary call option is 97,500 pips to 9,925.00 while the downside potential is 26,000 pips to 8,690.00. This results in a risk/reward ratio of 3.75.

Key Fundamental Data:
Australia
– February consumer inflation expectations were reported at a rise of 3.6%, matching the 3.6% increase reported in January.

Malaysia – Economists anticipate December industrial production to expand by 1.0% year-over-year following the previous year’s increase of 1.8%.

Eurozone – Expectations for the Dutch January consumer price index (CPI) favor a rise of 1.0% year-over-year, up from 2015’s expansion of 0.7%. Retail sales for the month of December are called up by 3.0% year-over-year which would reverse the previous year’s contraction of 2.2%.

Turkey – The current account deficit is set to expand to $5.0 billion in December from November’s deficit of $2.1 billion.

Sweden – The Swedish central bank, the Riksbank, is expected to lower its benchmark interest rate by 10 basis points to a negative rate of -0.45% from its current negative rate of -0.35%.

South Africa – Consensus estimates for December mining production favor a contraction of 1.0% year-over-year after being reported as a decrease of 0.8% in December of 2014.

Eurozone – Economists anticipate the unemployment rate in Greece to improve slightly to 24.4% in November from October’s unemployment rate of 24.5%.
Israel – Expectations for the January trade deficit call for an improvement to $620.5 million following the $991.3 million deficit which was printed in the previous month.

Russia – The trade surplus for the month of December is set to rise to $10.0 billion, up $900 million from November’s surplus of $9.1 billion.

Canada – Consensus estimates for the December new housing price index favor a growth rate of 0.2% month-over-month and 1.6% year-over-year which would match the previous month’s rise respectively.

United States – Initial jobless claims for the week ending February 6th 2016 are called down by 5,000 to 280,000 as continuing claims for the week ending January 30th 2016 are also set to decrease by 5,000 to 2,250,000.

Mexico – Economists anticipate industrial production to post an increase of 0.1% month-over-month and 0.2% year-over-year in December following November’s contraction of 0.5% and rise of 0.1%.

Eurozone – The trade surplus out of the Netherlands for the month of December is called down to €4.10 billion from the €4.17 billion surplus which was reported in the preceding month. The fourth-quarter gross domestic product (GDP) flash estimate is expected to show a growth rate of 0.3% quarter-over-quarter and 1.2% year-over-year after being previously reported as an increase of 0.3% and 1.5% respectively.

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