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BINARY OPTIONS INSIGHTS FOR FEBRUARY 18TH 2016

BitCoin/CNY 6263.480 23:00 17.01
NZD/JPY 81.341 23:00 17.01
AUD/USD 0.75578 23:00 17.01
AUD/JPY 85.251 23:00 17.01
EUR/JPY 120.804 23:00 17.01
USD/JPY 112.794 23:00 17.01
EUR/USD 1.07108 23:00 17.01
AUD/NZD 1.04809 23:00 17.01
NZD/USD 0.72115 23:00 17.01
CAD/JPY 86.467 23:00 17.01
GBP/JPY 139.897 23:00 17.01
BitCoin/CNY 6264.060 22:30 17.01
NZD/JPY 81.294 22:30 17.01
AUD/USD 0.75594 22:30 17.01
AUD/JPY 85.194 22:30 17.01
EUR/JPY 120.721 22:30 17.01
EUR/USD 1.07112 22:30 17.01
USD/JPY 112.707 22:30 17.01
BitCoin/CNY 6191.350 22:00 17.01
AUD/NZD 1.04843 22:00 17.01
NZD/USD 0.72165 22:00 17.01
CAD/JPY 86.347 22:00 17.01
NZD/JPY 81.262 22:00 17.01
AUD/USD 0.75675 22:00 17.01
AUD/JPY 85.208 22:00 17.01
GBP/JPY 139.822 22:00 17.01
EUR/JPY 120.657 22:00 17.01
USD/JPY 112.621 22:00 17.01
EUR/USD 1.07137 22:00 17.01
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By: Adam Stone
February 18th, 2016 08:32am GMT, London UK

Market Recap & Outlook:

The Eurozone reported a contraction of 0.6% month-over-month and 0.4% year-over-year in December construction output. This represented a reversal of November’s upward revised increase of 0.9% month-over-month and downward revised expansion of 0.3% year-over-year. The Euro weakened following the release of this economic report. Learn options trading today in order to be able to profit from price action moves on a daily basis.

Housing starts out of the United States for the month of January unexpectedly decreased by 3.8% to 1,099,000 starts. Adding to the disappointment was the downward revision to December which now reflects a contraction of 2.8% to 1,143,000 starts. Building permits decreased by 0.2% to 1,202,000 permits following the previous month’s downward revised plunge of 6.1% to 1,204,000 permits. Expectations called for an increase of 2.0% in housing starts and a drop of 0.3% in building permits to 1,173,000 and 1,200,000 respectively.

During the Asian morning trading session, China released its consumer price index (CPI) as well as its producer price index (PPI). The CPI for the month of January posted an increase of 1.8% year-over-year while the PPI contracted by 5.3%. This followed the previous year’s rise of 1.6% and plunge of 5.9% respectively. Consensus estimates called for an increase of 1.9% and a drop of 5.4%. China has been faced with a divergence in the CPI and PPI for an extended period of time.

Today’s Binary Option Trading Recommendations Overview:
• NZD/USD – Binary Put Option
• EUR/JPY – Binary Call Option
• EUR/GBP – Binary Put Option
• Crude Oil – Binary Put Option
• CAC 40 – Binary Put Option

Currency Pairs on today’s Radar Screen:
NZD/USD – The NZD/USD started to reverse direction from its intra-day high of 0.6668 which was recorded today on February 18th 2016. The descending 50 Day Moving Average (DMA) is increasing the distance to the sideways drifting 200 DMA. The Accelerator Oscillator (AC) indicates the build-up in negative pressure while the Relative Strength Index (RSI) is trading in overbought territory as a result of the reversal from extreme overbought conditions.

NZDUSD Binary Options Insights for February 18th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below above of its 200 DMA as positive momentum is fading. The NZD/USD is anticipated to accelerate to the downside. Binary option traders are advised to seek binary put options in the NZD/USD currency pair on rallies above 0.6640 on the H1 Hourly Chart. The downside potential for this binary put option is 95 pips to 0.6545 while the upside potential is 35 pips to 0.6675. This results in a risk/reward ratio of 2.71.

EUR/JPY – The EUR/JPY is depleting downside pressure with a sideways trend just above of its horizontal support level. The 50 DMA is located below the 200 DMA as both moving averages are drifting to the downside. The AC favors a move higher due to the accumulation in upside momentum in this currency pair. The RSI is trading in neutral conditions following the recovery from oversold territory; an extension into overbought levels is anticipated.

EURJPY Binary Options Insights for February 18th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its horizontal support level. The EUR/JPY is expected to complete a breakout above its 200 DMA and ascend further. Binary option traders are advised to seek binary call options in the EUR/JPY currency pair on dips below 127.100 on the H1 Hourly Chart. The upside potential for this binary call option is 340 pips to 130.500 while the downside potential is 135 pips to 125.750. This results in a risk/reward ratio of 2.52.

EUR/GBP – The EUR/GBP is being pressured to the downside by its descending resistance level which emerged from its intra-day high of 0.7897 reached on February 11th 2016. The ascending 50 DMA crossed above the ascending 200 DMA and the distance between the two moving averages is widening. The AC shows the increase in negative momentum as the RSI is trading in neutral territory after descending from extreme overbought conditions.

EURGBP Binary Options Insights for February 18th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its descending resistance level with a loss in upside pressure. The EUR/GBP is anticipated to drop back down into its horizontal support level. Binary option traders are advised to seek binary put options in the EUR/GBP currency pair on rallies above 0.7775 on the H1 Hourly Chart. The downside potential for this binary put option is 115 pips to 0.7660 while the upside potential is 35 pips to 0.7810. This results in a risk/reward ratio of 3.29.

Today’s Commodity Trade
Crude Oil – Crude Oil has reversed the breakdown below its horizontal resistance level, but is now faced with a decrease in positive momentum. The 50 DMA is drifting higher and widening the gap to the 200 DMA which is descending. The AC suggests a price action reversal due to the contraction in upside pressure. The RSI is trading in overbought conditions as a result of the drop down from extreme overbought territory. Free online trading recommendations can confirm an existing strategy or offer a different point of view.

Crude Oil Today’s 18/02/2016 Commodity Trade

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. Crude Oil is expected to contract until it can challenge its horizontal support level. Binary option traders are advised to seek binary put options in Crude Oil on rallies above 31.00 on the H1 Hourly Chart. The downside potential for this binary put option is 500 pips to 26.00 while the upside potential is 240 pips to 33.40. This results in a risk/reward ratio of 2.08.

Today’s Equity Index Recommendation
CAC 40 – The CAC 40 has accelerated to the upside following the breakout above its horizontal support level. The ascending 50 DMA is closing in on the descending 200 DMA. The AC points towards the formation of a negative divergence in this equity index and the RSI is trading in extreme overbought territory following the move higher from neutral conditions from where a breakdown is expected to lead to a directional change.

CAC 40 Today’s 18/02/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its horizontal resistance level, but above its 200 DMA. The CAC 40 is anticipated to enter a counter-trend move to the downside. Binary option traders are advised to seek binary put options in the CAC 40 equity index on rallies above 4,225.0 on the H1 Hourly Chart. The downside potential for this binary put option is 33,500 pips to 3,890.0 while the upside potential is 10,500 pips to 4,330.0. This results in a risk/reward ratio of 3.19.

Key Fundamental Data:

Japan – Bond holders sold ¥1,318.3 billion worth of foreign bonds as equity investors purchased ¥81.8 billion worth of foreign stocks in the week ending February 12th 2016. This followed the previous week’s purchase of ¥1,455.4 billion worth of foreign bonds and ¥202.5 billion worth of foreign stocks.

Japan – The January trade balance showed a deficit of ¥645.9 billion, reversing December’s surplus of ¥140.3 billion. Exports plunged by 12.9% year-over-year as imports dropped by 18.0% after posting a contraction of 8.0% and 18.0% in the preceding year respectively.

Australia – The economy lost 7,900 jobs in January after losing 800 jobs in the previous month. The unemployment rate rose to 6.0% from 5.8%%. The labor force participation rate remained unchanged at 65.2%. 40,600 full-time positions were shed and 32,700 part-time jobs created. This followed the previous month’s addition of 17,000 full-time positions and loss of 17,800 part-time jobs.

Malaysia – Expectations for the fourth-quarter gross domestic product (GDP) call for a growth rate of 1.6% quarter-over-quarter and 4.8% year-over-year. This would mark an improvement over the previously announced increase of 0.7% and 4.7% respectively.

Eurozone – The Dutch unemployment rate for the month of January is favored to remain unchanged from its current level of 6.6%.

Switzerland – Economists anticipate the January trade surplus to increase to CHF2.67 billion from the CHF2.54 billion surplus which was reported in December.

Eurozone – Consensus estimates for the final revision to the French consumer price index (CPI) call for the confirmation of the initially reported drop of 1.0% month-over-month and rise of 0.2% year-over-year. The final EU Harmonized CPI is also set to show no change from the contraction of 1.0% and rise of 0.4%.

Eurozone – Expectations for the current account surplus favor a decrease to €26.8 billion in December from the previous month’s surplus of €29.8 billion. The current account surplus out of Italy is set to drop to €3,470.5 million from November’s surplus of €4,460.4 million. The Portuguese current account deficit is anticipated to improve to €15.3 million from the previous month’s deficit of €49.1 million.

Eurozone – The Irish CPI for January is set to show a contraction of 0.2% month-over-month and a rise of 0.1% year-over-year following December’s drop of 0.1% and increase of 0.2% respectively. The EU Harmonized CPI is called down by 0.3% month-over-month and up by 0.2% year-over-year after decreasing by 0.1% and expanding by 0.2% in the preceding month.

United States – Economists anticipate initial jobless claims for the week ending February 13th 2016 to rise by 6,000 to 275,000 as continuing claims for the week ending February 6th 2016 are set to increase by 11,000 to 2,250,000.

United States – Consensus estimates for the February Philadelphia Federal Manufacturing Index favor a reading of -3.0 which would represent a small improvement over the previous month’s level of -3.5.

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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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