+1 (866)-882-6854
+ 44 203-807-1675
Chat
21:21:40 GMT
Black & White

BINARY OPTIONS INSIGHTS FOR FEBRUARY 16TH 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 16th, 2016 08:32am GMT, London UK

Market Recap & Outlook:

Retail sales for the month of December out of Singapore unexpectedly posted a contraction of 2.1% month-over-month and 2.9% year-over-year. Adding to the disappointment was the downward revision to the previous month in order to reflect a growth rate of 1.2% and 4.6% respectively. Consensus estimates favored an increase of 2.0% month-over-month and 3.6% year-over-year. This further raised consumer strength worries out of Asia amid the global economic slowdown.

Deflationary pressures out of India picked up in January on the wholesale front as the wholesale price index (WPI) contracted by 0.90% year-over-year following the previous year’s decrease of 0.73%. Expectations called for an improvement to a drop of only 0.15%. A binary options trading course focused on fundamental aspects of trading will help new traders form an understanding on how economic reports can impact price action.

The United Kingdom will release its consumer price index (CPI) for the month of January which is anticipated to show a drop of 0.7% month-over-month and an increase of 0.3% year-over-year. This would mark a reversal over December’s rise of 0.1% month-over-month, but an improvement over the 0.2% expansion year-over-year. The core CPI, which excludes food and energy, is set to increase by 1.3% year-over-year following the previous year’s rise of 1.4%.

Today’s Binary Option Trading Recommendations Overview:
• NZD/USD – Binary Call Option
• GBP/JPY – Binary Call Option
• USD/CAD – Binary Call Option
• Silver – Binary Put Option
• FTSE 100 – Binary Put Option

Currency Pairs on today’s Radar Screen:
NZD/USD – The NZD/USD found support provided by its ascending support level which originated from its intra-day low of 0.6563 reached on February 9th 2016. The descending 50 Day Moving Average (DMA) crossed below the descending 200 DMA. The Accelerator Oscillator (AC) indicates the build-up in positive pressure and the Relative Strength Index (RSI) is trading in oversold conditions after plunging from neutral territory.

NZDUSD Binary Options Insights for February 16th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its ascending support level, but below of its 200 DMA. The NZD/USD is anticipated to drift into its 200 DMA from where a breakout is favored. Binary option traders are advised to seek binary call options in the NZD/USD currency pair on dips below 0.6630 on the H1 Hourly Chart. The upside potential for this binary call option is 120 pips to 0.6750 while the downside potential is 45 pips to 0.6585. This results in a risk/reward ratio of 2.67.

GBP/JPY – The GBP/JPY is exposed to an accumulation in upside pressure after completing a breakout above its horizontal support level. The 50 DMA is moving higher and narrowing the gap to the 200 DMA which is descending. The AC favors an extension of the breakout due to the build-up in positive momentum. The RSI is trading in overbought territory as a result of the advance from extreme oversold conditions.

GBPJPY Binary Options Insights for February 16th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its 50 DMA and below of its 200 DMA. The GBP/JPY is expected to accelerate to the upside. Binary option traders are advised to seek binary call options in the GBP/JPY currency pair on dips below 165.800 on the H1 Hourly Chart. The upside potential for this binary call option is 665 pips to 172.450 while the downside potential is 290 pips to 162.900. This results in a risk/reward ratio of 2.29.

USD/CAD – The USD/CAD is being pressured higher by its ascending support level which originated from its intra-day low of 1.3639 recorded on February 4th 2016. The descending 50 DMA moved below the descending 200 DMA. The AC shows the increase in upside momentum in this currency pair as the RSI is trading in extreme oversold conditions following the drop from neutral territory; a spike into overbought levels is expected.

USDCAD Binary Options Insights for February 16th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its ascending support level. The USD/CAD is anticipated to move back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the USD/CAD currency pair on dips below 1.3780 on the H1 Hourly Chart. The upside potential for this binary call option is 235 pips to 1.4015 while the downside potential is 95 pips to 1.3685. This results in a risk/reward ratio of 2.47.

Today’s Commodity Trade
Silver – Silver is faced with a rise in downside pressure which followed the breakdown below its horizontal resistance level as well as its 50 DMA. The 50 DMA is drifting lower and decreasing the distance to the 200 DMA which is ascending. The AC suggests further downside due to the loss in positive pressure. The RSI is trading in extreme oversold territory after reversing from neutral conditions. A binary options trading simulator is often used by new traders in order to test a trading strategy.

Silver Today’s 16/02/2016 Commodity Trade

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its 50 DMA, but above of its 200 DMA. Silver is expected to contract further until it can challenge its horizontal support level. Binary option traders are advised to seek binary put options in Silver on rallies above 15.100 on the H1 Hourly Chart. The downside potential for this binary put option is 75 pips to 14.350 while the upside potential is 35 pips to 15.450. This results in a risk/reward ratio of 2.14.

Today’s Equity Index Recommendation
FTSE 100 – The FTSE 100 is spiked from its horizontal support level into its 200 DMA from where positive momentum is being depleted. The ascending 50 DMA is closing in on the sideways trending 200 DMA which carries a negative bias. The AC points towards the increase in downside pressure for this equity index while the RSI is trading in overbought conditions as a result of the breakdown from extreme overbought territory.

FTSE 100 Today’s 16/02/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading just beneath of its 200 DMA and negative momentum is building up. The FTSE 100 is anticipated to reverse back down into its horizontal support level. Binary option traders are advised to seek binary put options in the FTSE 100 equity index on rallies above 5,785.00 on the H1 Hourly Chart. The downside potential for this binary put option is 29,000 pips to 5,495.00 while the upside potential is 13,000 pips to 5,915.00. This results in a risk/reward ratio of 2.23.

Key Fundamental Data:

Australia – The Reserve Bank of Australia released minutes from its latest policy meeting held on February 2nd 2016 and stated that growth should pick-up over the next few years as inflation is set to remain low suggesting an easy monetary policy moving ahead and not ruling out an interest rate cut if needed.

South Korea – The Bank of Korea, which is the central bank of South Korea, decided to keep interest rates unchanged at 1.50%.

New Zealand – The Reserve Bank of New Zealand (RBNZ) 2-Year Inflation Expectations for the first-quarter clocked in at 1.63% following the previous report’s increase of 1.85%.

Taiwan – Economists anticipate the trade surplus for January to decrease to TW$128.1 billion from December’s surplus of TW$136.0 billion.

Eurozone – Consensus estimates for the Italian trade surplus favor a rise to €5.21 billion for December, up from the €4.41 billion surplus which was printed in the preceding month.

Norway – The fourth-quarter gross domestic product (GDP) is set to expand by 0.7% quarter-over-quarter and by 1.8% year-over-year. This would represent a slowdown over the previous quarter’s rise of 1.8% and 3.0% respectively.

United Kingdom – Expectations for the producer price index (PPI) Input for January call for a decrease of 1.2% month-over-month and 8.6% year-over-year after December’s contraction of 0.8% and 10.8%. The PPI Output is favored to post a decrease of 0.2% month-over-month and 0.9% year-over-year following the previous month’s contraction of 0.2% and 1.2% respectively. Excluding food and energy, the core PPI Output, is anticipated to rise by 0.1% month-over-month and to clock in at 0.0% year-over-year. This would mark a slowdown over December’s rise of 0.2% and 0.1% respectively.

United Kingdom – Economists anticipate the retail price index (RPI) to drop by 0.6% in January month-over-month and to expand by 1.4% year-over-year. This would follow the increase of 0.3% and 1.2% which was printed in the preceding month.

Eurozone – Consensus estimates for the ZEW Economic Sentiment Index favor a decrease to 17.8 in February, down 4.9 points from January’s reading of 22.7. The German ZEW Economic Sentiment Index is called down to 2.1 from the previous month’s level of 10.2 while the German ZEW Current Conditions Index is set to drop to 57.1 from 59.7.

Canada – Manufacturing shipments for December are anticipated to increase by 0.8% month-over-month, adding to the 1.0% rise which was reported in November.

United States – Expectations for the Empire Manufacturing Index favor an improvement to -10.50 for February from the previous month’s level of -19.37.

United States – Economists anticipate the National Association of Home Builders (NAHB) Housing Market Index to remain unchanged in February from the reading of 60 which was printed in January.

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