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BINARY OPTIONS INSIGHTS FOR JULY 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
July 8th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Sterling bounces back against the Euro, Crude futures reach eight week lows.

Thursday saw the Dollar hold steady against the other major currencies following the release of positive US employment data, investors now turn their attention toward Friday’s US nonfarm payrolls report. Sentiment on the Dollar had weakened mildly, after the minutes of the FED’s June policy meeting was released on Wednesday july 6th showing that policy makers decided to keep interest rates on hold as they assess the Brexit impact. FED officials agreed that it was “prudent to wait” for additional data before considering another rate hike, according to the minutes.

Early on Thursday, Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to expand monetary stimulus further if needed to achieve its 2 percent inflation target and affirmed his confidence over Japan’s recovery prospects, making no mention of the current Brexit turmoil.

USD/JPY slid 0.38 percent TO 100.93, EUR/USD dropped 0.26 percent to 1.1069.

The Pound rose back up after the UK Office for National Statistics said on Thursday that manufacturing production decreased by 0.5 percent in May, better than the expected decline of 1.0 percent. EUR/GBP dropped 0.40 percent to trade at 0.8550.

Gold fell slightly on Thursday, pausing its recent winning streak. On the Comex division of the New York Stock Exchange, Gold for August delivery settled at $1,361.60, down $5.50 / 0.40 percent on the session. Gold has risen nearly 30 percent, year to date, as investors sought out safety from high risk equities, due primarily to signs of a global economic slowdown and a delayed interest rate hike from the Federal Reserve.

Silver for August delivery fell 0.388 to $19.818 an ounce. Earlier this week, the front month contract for silver futures jumped above $21.20 an ounce to hit fresh two year highs.
Crude futures dropped to near two month lows on Thursday, following a lower than expected US inventory draw last week which provided a sharp reminder that the conclusion of an extended downturn in oil prices is nowhere in sight. Brent crude for September delivery settled at $46.45, down 2.35 / 4.82 percent.

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

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

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