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BINARY OPTIONS INSIGHTS FOR JUNE 8TH 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
June 8th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

US stocks mixed at close, Oil prices pushed higher, Gold down.

Tuesday saw US stocks remaining close to multi-month highs despite a late pullback as comments from Janet Yellen triggered a relief rally of sorts, pushing the Dow Jones Industrial Average above 18,000 for the first time in over a month.

After the close on Tuesday June 7th, Stocks were mixed as gains in the Oil and Gas, Telecoms and Industrials sectors led shares higher while losses in the Healthcare, Financials and Utilities sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average gained 0.10 percent to hit a new one month high, while the S&P500 index added 0.13 percent and the NASDAQ Composite index declined 0.14 percent.

Gold closed relatively flat in Tuesday’s session as equities world wide surged in response to Yellen’s final public comments before next week’s critical Fed meeting. Gold for August delivery was down 0.04 percent to $1246.95 a troy ounce.

Oil prices pushed higher on Tuesday as investors continued to weigh the cuts in production from attacks on Nigerian pipelines and expectations for a decline in US crude inventories bolstered sentiment. Crude oil for delivery in July rose 1.49 percent to hit $50.43 a barrel, while the August Brent oil contract rose 1.80 percent to trade at $51.46 a barrel.

EUR/USD was up 0.02 percent to 1.1357, while USD/JPY fell 0.20 percent to 107.34. The US dollar index was down 0.18 percent at 93.86.

The Pound moved higher as two new polls on the June 23 referendum on the UK’s membership of the EU showed the “remain” camp with a slight lead, reducing nervousness that the vote could lead to Britain exiting the European Union. GBP/USD was up 0.93 percent at 1.4575, though Sterling spiked to an intraday high at $1.4656.

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for June 8th 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for June 8th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for June 8th 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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