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BINARY OPTIONS INSIGHTS FOR MAY 31ST 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
May 31st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Markets remain quiet on Monday as Wall Street closes for the day.

Wall Street remained closed on Monday May 30th due to the Memorial day holiday after closing on Friday with the largest weekly gains since March in the case of the EUR/USD, and since February in regard to the Nasdaq.

With UK markets also closed for a bank holiday, trading elsewhere was thin, but global stocks followed Friday’s gains in the US and were broadly higher as investors shrugged off concern regarding rate hikes.

Asian shares registered gains on Monday with Japan benefiting from the Yen hitting a one month low against the Dollar. European shares hit one month highs, the rise came after Japan’s Nikkei stock index ended up 1.4 percent and expectations rose that the Japanese government would delay a sales tax hike scheduled for April next year.

Gold futures fell sharply in European trade on Monday, falling below the key $1,200 level for the first time since February as investors continued to factor in an increased chance of a near term US interest rate rise.

Oil prices were modestly lower in quiet European trade, as a broadly stronger Dollar prompted market players to lock in gains from a recent rally which took prices above the $50 mark.

Market players will be looking forward to the Organisation of Petroleum Exporting Countries (OPEC) meeting in Vienna this coming Thursday . Most market analysts expect the oil cartel to keep their production quota unchanged amid rising prices.

US crude futures dropped 0.39 percent to $49.14, while Brent oil lost 0.70 percent to $49.60.

EUR/USD: A binary Call option coincides with the trend, seen below.
EURUSD Binary Options Insights for May 31st 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for May 31st 2016

EUR/JPY: A binary Put option coincides with the trend, seen below.
EURJPY Binary Options Insights for May 31st 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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