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BINARY OPTIONS INSIGHTS FOR APRIL 12TH 2016

GBP/USD 1.25030 20:50 23.01
ALIBABA 98.255 20:45 23.01
GBP/USD 1.25057 20:40 23.01
BitCoin/CNY 6351.435 20:30 23.01
WELLS FARGO 54.405 20:30 23.01
TOYOTA (US) 118.250 20:30 23.01
COLGATE-PALMOLIVE 67.585 20:30 23.01
FERRARI 61.165 20:30 23.01
TSX 60 916.940 20:30 23.01
ALIBABA 98.210 20:30 23.01
BOEING 157.820 20:30 23.01
AUD/USD 0.75746 20:30 23.01
AUD/JPY 85.603 20:30 23.01
GBP/USD 1.25058 20:30 23.01
GENERAL ELECTRIC 29.645 20:30 23.01
S&P 500 2264.620 20:30 23.01
JP MORGAN CHASE 83.745 20:30 23.01
SILVER 17.171 20:30 23.01
AIG 65.535 20:30 23.01
USD/CAD 1.32506 20:30 23.01
GOLD 1215.815 20:30 23.01
DOW 19792.84 20:30 23.01
AUD/CAD 1.00366 20:30 23.01
DOLLAR INDEX-MAR17 100.135 20:30 23.01
3M 178.245 20:30 23.01
GOLD VS SILVER 70.8022 20:30 23.01
CITIGROUP 55.895 20:30 23.01
CITIGROUP VS AIG 0.85303 20:30 23.01
McDONALD'S 121.320 20:30 23.01
LAS VEGAS SANDS 55.485 20:30 23.01
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By: Adam Stone
April 12th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Italian industrial production for the month of February posted a contraction of 0.6% month-over-month and an increase of 1.2% year-over-year following January’s downward revised growth rate of 1.7% and 3.9% respectively. Economists anticipated a bigger drop of 0.7% month-over-month and a bigger expansion of 1.6% year-over-year. Trading technologies continue to evolve and give traders more accurate results in faster timeframe which can increase profits by a large degree.

The United Kingdom will release its March producer price index (PPI). The PPI Input is called up by 2.3% month-over-month and down by 6.2% year-over-year. This would mark an improvement over February’s rise of 0.1% and plunge of 8.1%. The PPI Output is favored to increase by 0.2% month-over-month and to contract by 1.0% year-over-year after expanding by 0.1% and dropping by 1.1% in the previous month. The Core PPI Output, which excludes food and energy, is expected to post an increase of 0.1% month-over-month and 0.3% year-over-year following February’s increase of 0.2% and 0.2% respectively.

The Import Price Index (IPI) out of the United States for the month of March is estimated to rise by 1.2% month-over-month and to drop by 4.6% year-over-year. This would represent a reversal over the preceding month’s contraction of 0.3% month-over-month and an improvement over the 6.1% plunge year-over-year. The US Dollar is likely to be exposed to a rise in volume following the announcement of this economic report.

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

Currency Pairs on today’s Radar Screen:
EUR/USD – The EUR/USD dropped below of its horizontal resistance level which changed momentum to negative. The 50 Day Moving Average (DMA) is drifting higher above the 200 DMA which is also ascending. The Accelerator Oscillator (AC) points towards the decrease in upside momentum as the Relative Strength Index (RSI) is trading in neutral territory following the reversal from overbought conditions.

EURUSD Binary Options Insights for April 12th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its horizontal resistance level while downside pressure is building up. The EUR/USD is expected to collapse from current levels. Binary option traders are advised to seek binary put options in the EUR/USD currency pair on rallies above 1.1400 on the H1 Hourly Chart. The downside potential for this binary put option is 90 pips to 1.1310 while the upside potential is 45 pips to 1.1445. This results in a risk/reward ratio of 2.00.

GBP/JPY – The GBP/JPY completed a breakout above its horizontal support level from where more upside is estimated to develop. The ascending 50 DMA is decreasing the distance to the descending 200 DMA. The AC suggests an extension of the breakout due to the accumulation in positive pressure while the RSI is trading in overbought conditions as a result of the advance from neutral territory; a rise into extreme overbought levels is expected.

GBPJPY Binary Options Insights for April 12th 2016

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. The GBP/JPY 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 GBP/JPY currency pair on dips below 154.200 on the H1 Hourly Chart. The upside potential for this binary call option is 780 pips to 162.000 while the downside potential is 255 pips to 151.650. This results in a risk/reward ratio of 3.06.

GBP/USD – The GBP/USD advanced from its horizontal support level into its descending resistance level from where downside momentum is expanding. The 50 DMA is drifting higher and closing in on the 200 DMA which is descending. The AC indicates the loss in positive pressure for this currency pair. The RSI is trading in overbought territory after moving lower from extreme overbought conditions; a plunge into oversold levels is anticipated.

GBPUSD Binary Options Insights for April 12th 2016

Today’s Binary Options Trading Strategy: Put Option
Price action is presently trading below of its descending resistance level as negative momentum is increasing. The GBP/USD is estimated to contract into its horizontal support level. Binary option traders are advised to seek binary put options in the GBP/USD currency pair on rallies above 1.4220 on the H1 Hourly Chart. The downside potential for this binary put option is 220 pips to 1.4000 while the upside potential is 65 pips to 1.4285. This results in a risk/reward ratio of 3.39.

Today’s Commodity Trade
Crude Oil – Crude Oil is depleting upside pressure inside of its horizontal resistance level from where a price action reversal is favored to unfold. The ascending 50 DMA maintains its position above the ascending 200 DMA. The AC shows the formation of a negative divergence. The RSI is trading in neutral conditions following the collapse from extreme overbought territory. Algorithmic trading strategies indicate an overweight in put options for this commodity.

Crude Oil Today’s 04/12/2016 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 enter a counter-trend move to the downside. Binary option traders are advised to seek binary put options in Crude Oil on rallies above 40.00 on the H1 Hourly Chart. The downside potential for this binary put option is 475 pips to 35.25 while the upside potential is 185 pips to 41.85. This results in a risk/reward ratio of 2.57.

Today’s Equity Index Recommendation
S&P 500 – The S&P 500 is being pressured higher by its ascending support level which formed from its intra-day low of 2,033.00 reached on April 7th 2016. The 50 DMA is trending sideways with a positive bias below the 200 DMA which is drifting lower. The AC favors an advance while positive pressure is building up in this equity index and the RSI is trading in neutral territory as a result of the recovery down from oversold conditions.

SP 500 Today’s 04/12/2016 Equity Index Recommendation

Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level as well as above of its ascending support level. The S&P 500 is anticipated to accelerate to the upside. Binary option traders are advised to seek binary call options in the S&P 500 equity index on dips below 2,045.00 on the H1 Hourly Chart. The upside potential for this binary call option is 3,400 pips to 2,079.00 while the downside potential is 1,200 pips to 2,033.00. This results in a risk/reward ratio of 2.83.

Key Fundamental Data:

South Korea – March export prices decreased by 4.5% year-over-year and import prices by 7.7% year-over-year after the previous year’s contraction of 2.1% and 7.4% respectively. Estimates called for a drop of 2.1% and 6.7%.

United Kingdom – BRC Like-for-Like Sales for the month of March contracted by 0.7% year-over-year, down from the 0.1% rise which was printed in the preceding year. Expectations favored a rise of 1.4%.

Japan – March bank lending including trusts posted an increase of 2.0% year-over-year as bank lending excluding trusts rose by 2.0% year-over-year as well after the previous year’s expansion of 2.2% and 2.2% respectively.

Philippines – Exports for the month of February contracted by 4.5% year-over-year. This followed the drop of 3.9% which was announced in the previous year. Economists anticipated a smaller decrease of 0.3%.

Australia – February credit card balances clocked in at A$51.9 billion as credit card purchases were reported at A$24.8 billion after January’s reading of A$50.9 billion and A$21.9 billion. NAB Business Conditions for the month of March came in at 12 and NAB Business Confidence at 6 following the level of 8 and 3 which was reported in the preceding month.

Eurozone – Consensus estimates for the final German consumer price index (CPI) for March favor a confirmation of the previously announced expansion of 0.8% month-over-month and 0.3% year-over-year. The final EU Harmonized CPI is also set to remain unchanged at a rise of 0.8% month-over-month and 0.1% year-over-year. The wholesale price index (WPI) is called down by 0.3% month-over-month and 1.6% year-over-year after February’s contraction of 0.5% and 1.9% respectively.

Sweden – The March CPI is set to expand by 0.4% month-over-month and 0.7% year-over-year, up from the increase of 0.3% and 0.4% which was reported in the preceding month.

United Kingdom – Economists anticipate the CPI for March to rise by 0.3% month-over-month and 0.4% year-over-year following the increase of 0.2% and 0.3% which was announced in February. Excluding food and energy, the core CPI is estimated to expand by 1.3% year-over-year, up from the previous year’s growth rate of 1.2%. The March Retail Price Index (RPI) is set to increase by 0.3% month-over-month and 1.4% year-over-year after rising by 0.5% and 1.3% in February. Excluding mortgage interest payments the RPI is called up by 1.5% year-over-year following the previous year’s expansion of 1.4%.

Eurozone – Expectations for the Portuguese CPI call for a growth rate of 0.2% month-over-month and 0.6% year-over-year for March. This would follow February’s decrease of 0.4% and rise of 0.4%.

United States – The March NFIB Business Optimism Index is anticipated to decrease to 92.8 from the reading of 92.9 which was announced in the preceding month. Consensus estimates for the monthly budget statement for March favor a deficit of $104.0 billion after the deficit of $52.9 billion which was reported in February.

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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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