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BINARY OPTIONS INSIGHTS FOR MAY 5TH 2016

BITCOIN 927.191 00:00 22.01
BITCOIN 925.542 23:00 21.01
BITCOIN 928.606 21:40 21.01
BITCOIN 927.834 21:20 21.01
BITCOIN 929.132 21:00 21.01
BITCOIN 926.861 20:40 21.01
BITCOIN 926.252 20:20 21.01
BITCOIN 925.464 20:00 21.01
BITCOIN 925.128 19:40 21.01
BITCOIN 925.724 19:20 21.01
BITCOIN 928.129 19:00 21.01
BITCOIN 927.638 18:40 21.01
BITCOIN 926.386 18:20 21.01
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By: Adam Stone
May 5th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

All Eyes on ADP employment report ahead of Friday’s NFP

Wednesday saw US stocks fall for a second day, dragged down by a retreat in biotech shares and lukewarm data on private sector US jobs. The ADP private sector employment report showed that hiring dropped to its lowest level in three years this April. The report acts as a forerunner to the more comprehensive government nonfarm payroll data, due this Friday.

An accommodative Federal Reserve, along with a recovery in oil prices have helped US stocks rally from steep losses at the beginning of the year. The S&P 500 is up 0.3 percent since December 31. Oil prices fluctuated in early European trade while awaiting weekly data on US stockpiles. US crude oil futures fell 0.23 percent to $43.55, while Brent oil slipped 0.11 percent to $44.92.
The Dollar recovered on Wednesday from lows of several months, while awaiting the aforementioned reports. The US dollar index was up 0.20 percent at 93.21, the index had fallen as low as 91.89 on Tuesday, the weakest it has been since January 2015.

A survey this Wednesday highlighted construction output in Britain grew at the slowest pace seen in almost three years this April, suggesting the economy is running out of breath ahead of next month’s referendum on whether the UK will remain in the EU. Britain’s economy also slowed in the first quarter of this year as the global economy weakened.
The Bank of England said in April there were signs that uncertainty around the vote was indeed weighing on investment and commercial property sales. Economist’s for the most part, agree a decision to leave the European bloc will deal a blow to the economy in the short term at the very least. The British government has taken steps to boost house building, but criticism abounds that more needs to be done to remedy Britain’s chronic housing shortage which is driving property prices up.

EUR/USD : A binary Put option coincides with the trend , seen below .
EURUSD Binary Options Insights for May 5th 2016

EUR/GBP: A binary Put option coincides with the trend , seen below
EURGBP Binary Options Insights for May 5th 2016

GBP/USD : A binary Call option coincides with the trend , seen below
GBPUSD Binary Options Insights for May 5th 2016

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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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