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BINARY OPTIONS INSIGHTS FOR JUNE 21ST 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
June 21st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

British EU membership vote continues to have far reaching effects.

US equities were higher at the close on Monday June 20th as gains in the Oil & Gas, Industrials and Consumer Goods sectors propelled shares higher. In commodities trading, Gold for August delivery was down 0.17 percent to $1292.55 a troy ounce. Crude oil for delivery in August rose 2.49 percent to hit $49.77 a barrel and the Brent oil contract rose 2.44 percent to trade at $50.37 a barrel.

The Dollar was weaker against the Yen with USD/JPY up 0.24 percent at 104.42, moving away from the nearly two year low of 103.53 hit on Thursday following the Bank of Japan’s decision to leave monetary policy on hold, confounding the market expectation for more stimulus.

The Pound rallied against the other major currencies on Monday as worries that the UK could vote to exit the European Union eased after weekend polls showed the Remain campaign is gaining ground ahead of Thursday’s referendum. The shift in polls boosted the Pound and revived risk sentiment, which had been hard hit by fears that a vote by the UK to leave the EU would cause turmoil in global financial markets. Campaigning for the Brexit referendum resumed on Sunday after a three day hiatus following the murder of Jo Cox, a Labour Party member and supporter of the EU membership.

GBP/USD rose 2.05 percent to a three week high of 1.4651 extending its pullback from Thursday’s two month trough of 1.4011. It was the largest one day gain since December 2008. EUR/GBP fell 1.49 percent to 0.7736.

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for June 21st 2016

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD Binary Options Insights for June 21st 2016

EUR/GBP: A binary Put option coincides with the trend, seen below.
EURGBP Binary Options Insights for June 21st 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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