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BINARY OPTIONS INSIGHTS FOR JUNE 24TH 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 24th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

All eyes on Britain and the EU membership vote.

Thursday saw Britain vote on whether to stay in the European Union in a referendum that has the potential to change the face of Europe and is being watched nervously by financial markets and politicians the world over. A British exit (Brexit) would deprive the 28 member EU of its second largest economy not to mention one of its two main military powers. Results of the vote are expected early on Friday.

Sterling climbed to a 2016 high and global stocks rallied as investors bet Britons were most likely to vote to remain in the EU. Investors fear that a Brexit vote would hit global stocks, bonds and currencies, in particular the Pound, which some analysts have predicted could slump by 15 percent.

Reuters reported Thursday that finance leaders from the G7 nations will issue a statement stressing their readiness to take all necessary steps to calm markets in the event of a Brexit vote.

Oil prices rose, shrugging off a smaller than expected draw in US crude stockpiles, and the safe haven Yen fell against the Dollar as the last pre vote opinion polls showed the ‘Remain’ camp holding a slight lead.

US crude for August delivery was up 64 cents at $49.77, while Brent crude added 1.54 percent to hit $50.65 a barrel. Energy Information Administration figures showed US crude inventories fell by only 917,000 barrels in the latest week. Crude stockpiles had been forecast to fall by 1.67 million barrels.

The Dollar index was down 0.6 percent ahead of the outcome of the referendum, a weaker Dollar lending support to the oil market.

GBP/USD was last at 1.4775, up 0.46 percent for the day after rising to heights of 1.4947 earlier, the strongest level since late December. Sterling was little changed against the Euro, with EUR/GBP at 0.7678 after the pair fell to three week lows of 0.7624 earlier. The Dollar remained higher against the safe haven Yen, with USD/JPY up 1.28 percent to 105.74, recovering from the two year low-point of 103.53 set last Thursday June 17th.

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD Binary Options Insights for June 24th 2016

EUR/GBP: A binary Put option coincides with the trend, seen below.
EURGBP Binary Options Insights for June 24th 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for June 24th 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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