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BINARY OPTIONS INSIGHTS FOR JUNE 29TH 2016

BitCoin/CNY 6273.870 21:00 24.01
WELLS FARGO 54.700 21:00 24.01
USD/CHF 1.00085 21:00 24.01
TOYOTA (US) 117.620 21:00 24.01
SONY 30.485 21:00 24.01
SILVER 17.118 21:00 24.01
GOLD 1209.957 21:00 24.01
COLGATE-PALMOLIVE 68.265 21:00 24.01
FIAT CHRYSLER 10.89 21:00 24.01
LOCKHEED MARTIN 252.895 21:00 24.01
FERRARI 62.695 21:00 24.01
TSX 60 924.440 21:00 24.01
AUD/NZD 1.04665 21:00 24.01
ALIBABA 101.450 21:00 24.01
BOEING 160.540 21:00 24.01
NZD/USD 0.72463 21:00 24.01
BANK OF AMERICA 22.945 21:00 24.01
PFIZER 31.155 21:00 24.01
CAD/JPY 86.432 21:00 24.01
NZD/JPY 82.435 21:00 24.01
AUD/USD 0.75845 21:00 24.01
AUD/JPY 86.280 21:00 24.01
GBP/JPY 142.263 21:00 24.01
GENERAL ELECTRIC 29.990 21:00 24.01
S&P 500 2280.120 21:00 24.01
JP MORGAN CHASE 84.715 21:00 24.01
GOLD/EUR 1127.335 21:00 24.01
USD/JPY 113.763 21:00 24.01
EUR/JPY 122.101 21:00 24.01
CITIGROUP VS JP MORGAN CHASE 0.67015 21:00 24.01
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By: Adam Stone
June 29th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Sterling recovery stalls, US stocks rally.

US stocks rallied on Tuesday June 28th completing their strongest one day move in four months as investors capitalized on a host of bargain opportunities made possible from the Brexit inspired global market crash. At the close in NYSE the Dow Jones Industrial Average added 1.57 percent while the S&P500 added 1.78 percent and the NASDAQ Composite index climbed 2.12 percent.

Gold for August delivery was down 0.79 percent to $1314.30 a troy ounce. US crude halted a three day losing streak on Tuesday amid an easing Dollar and threats of an impending worker strike in Norway offset continuing fears of a potential recession throughout the Euro area in the wake of last week’s historic Brexit referendum.

Crude oil for delivery in August rose 3.30 percent to hit $47.86 a barrel while the September Brent oil contract rose 3.06 percent to trade at $49.23 a barrel.

A recovery by Sterling stalled in late trading on Tuesday as worries over banks growth and investment continued to dominate the market following Britain’s vote to leave the EU.

EUR/USD gained 0.46 percent to 1.1077 pulling farther away from Friday’s three month trough of 1.0908. EUR/GBP declined 0.70 percent to 0.8277, still relatively close to Monday’s two year peak of 0.8378.

USD/JPY rose 0.35 percent to 102.35 after falling to lows of 99.15 on Friday, the weakest level since November 2013.

EUR/USD: A binary Call option coincides with the trend, seen below.
EURUSD Binary Options Insights for June 29th 2016

EUR/GBP: A binary Call option coincides with the trend, seen below.
EURGBP Binary Options Insights for June 29th 2016

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for June 29th 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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