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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 1ST 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
September 1st, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Expectations rise for a near term US rate hike.

Wednesday saw the US Dollar trading at three week highs against the other major currencies, after several positive US data reports were released, adding to optimism over the strength of the US economy and boosting expectations for a near term rate hike. The National Association of Realtors said pending home sales rose by 1.3 percent last month, beating expectations for an increase of 0.6 percent. In addition, US payroll processing firm ADP said nonfarm private employment rose by 177,000 last month, surpassing expectations for an increase of 175,000. The economy created 194,000 jobs in July, and increase from the previously reported 179,000.

EUR/USD fell 0.10 percent to 1.1131, once again close to Tuesday’s two week low of 1.1128. GBP/USD gained 0.39 percent to trade at 1.3132, while USD/JPY rose 0.37 percent to 103.35.

Oil prices extended losses on Wednesday August 31st, falling to the lowest point in almost three weeks after data released showed that oil supplies in the US rose for the second week in a row. Crude oil for October delivery on the New York Mercantile Exchange shed 87 cents/1.88 percent to trade at $45.48 a barrel. Prices were close to $45.98 prior to the release of the inventory data after falling to a session low of $45.44 a barrel earlier, a level unseen since August 15.

Gold prices slid toward a two month low on Wednesday, after upbeat US employment data added to speculation that the Federal Reserve is preparing to hike interest rates, possibly as soon as next month. Gold for December delivery, dropped $1.60/0.12 percent to trade at $1,314.90 on the Comex division of the New York Mercantile Exchange.

EUR/USD: A binary Call option coincides with the trend, seen below.
EURUSD Binary Options Insights for September 1st 2016

GBP/USD: A binary Call option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 1st 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
USDJPY Binary Options Insights for September 1st 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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