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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 5TH 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 5th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Friday and the week ahead.

Friday saw the US Dollar end higher against the major currencies, reversing earlier losses following the release of a weak employment report for August which ended hopes of a rate hike this month, traders stuck to bets that the Federal Reserve will still raise interest rates by end of year.

Against the Yen , the Dollar (USD/JPY) rose almost 0.7 percent to end at 103.91. For the week, the pair rose 2.1 percent, the second weekly rise. The Yen had been under pressure by mounting expectations that the Bank of Japan will unveil fresh stimulus at its September policy meeting in an effort to boost faltering inflation.

The Euro fell 0.4 percent to end at 1.1155, (EUR/USD) dropping back from a high of 1.1252, which had been reached just after the disappointing jobs report was released.
The British Pound settled 0.2 percent higher at 1.3295 against the Dollar (GBP/USD) after hitting a one month high of 1.3352. The pair added 1.2 percent on the week, the third weekly gain in a row, amid easing concerns regarding the post Brexit economic outlook.

Gold prices rallied on Friday, as the weak US employment data put paid to the hope of the Federal Reserve rate hike later this month. Gold on the Comex division of the New York Mercantile Exchange rose $9.60/0.73 percent to settle at $1,326.70 a troy ounce by close of trade. On Thursday, prices had fallen to $1,305.50, unseen since June 24. For the week, the metal ended on a slight gain of 80 cents as markets continued to speculate over the timing of the next Fed rate hike.

Oil futures ended a four day losing streak on Friday September 2nd, while still suffering a serious decline for the week amid ongoing concerns over a global supply glut. Brent oil for November delivery jumped $1.38 on Friday to settle at $46.83 a barrel by close of trade. Crude oil for October delivery ended Friday’s session at $44.44 a barrel, up $1.28 on the day.

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for September 5th 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for September 5th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 5th 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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