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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 6TH 2016

GBP/USD 1.25030 20:50 23.01
ALIBABA 98.255 20:45 23.01
GBP/USD 1.25057 20:40 23.01
BitCoin/CNY 6351.435 20:30 23.01
WELLS FARGO 54.405 20:30 23.01
TOYOTA (US) 118.250 20:30 23.01
COLGATE-PALMOLIVE 67.585 20:30 23.01
FERRARI 61.165 20:30 23.01
TSX 60 916.940 20:30 23.01
ALIBABA 98.210 20:30 23.01
BOEING 157.820 20:30 23.01
AUD/USD 0.75746 20:30 23.01
AUD/JPY 85.603 20:30 23.01
GBP/USD 1.25058 20:30 23.01
GENERAL ELECTRIC 29.645 20:30 23.01
S&P 500 2264.620 20:30 23.01
JP MORGAN CHASE 83.745 20:30 23.01
SILVER 17.171 20:30 23.01
AIG 65.535 20:30 23.01
USD/CAD 1.32506 20:30 23.01
GOLD 1215.815 20:30 23.01
DOW 19792.84 20:30 23.01
AUD/CAD 1.00366 20:30 23.01
DOLLAR INDEX-MAR17 100.135 20:30 23.01
3M 178.245 20:30 23.01
GOLD VS SILVER 70.8022 20:30 23.01
CITIGROUP 55.895 20:30 23.01
CITIGROUP VS AIG 0.85303 20:30 23.01
McDONALD'S 121.320 20:30 23.01
LAS VEGAS SANDS 55.485 20:30 23.01
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By: Adam Stone
September 6th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Gold remains close to one week high during quiet trade on Monday.

Monday September 5th saw the Dollar Trim losses against the other major currencies in Quiet trade, as US markets were closed for the Labor Day holiday.
The Dollar fell against the Yen after the head of the Bank of Japan disappointed investors who had expected a clear signal that monetary policy would be further eased this month. While Bank of Japan Governor Haruhiho Kuroda did signal his readiness to enlarge the already expansive stimulus program, he did not provide the hard details that had been hoped for regarding the BoJ easing policy at its next review in September.

USD/JPY declined 0.42 percent to trade at 103.47, while EUR/USD was practically unchanged at 1.1147.

GBP/USD was steady at 1.3304, after reaching one month highs of 1.3375 earlier in the day.
The Pound gained strength after research group Markit said its UK services purchasing managers index rose to 52.9 last month from a reading of 47.4 in July. Analysts had expected the index to rise to 50.0. This upbeat data added to the current optimism over the strength of the economy and Britain’s ability to overcome any post Brexit issues.

On Friday September 2nd, Gold had rallied to a one week high as disappointing US employment data lessened the likelihood that the Federal Reserve will raise interest rates at its policy meeting later this month.
Gold prices remained near this peak on Monday as trade volumes were light, with most US investors absent for the Labor Day holiday. Gold for December delivery on the Comex division of the New York Mercantile Exchange tacked on $1.15/0.09 percent to trade at $1,329.25 a troy ounce.

Oil prices trimmed gains made early in the day, after an announcement from Saudi Arabian and Russian officials failed to live up to market expectations. The world’s two largest oil producers said they will set up a working group to monitor the oil market and come up with recommendations to promote stability.
Brent crude for November delivery jumped over 5 percent to a daily peak of $49.40 a barrel early in the day, before falling back to trade at $47.18.
Crude oil for October delivery added 77 cents/1.74 percent to trade at $44.92 a barrel, after soaring more than 5 percent to a session high of $46.53 earlier.

USD/JPY: A binary Call option coincides with the trend, seen below.
USDJPY Binary Options Insights for September 6th 2016

EUR/USD: A binary Put option coincides with the trend, seen below.
EURUSD Binary Options Insights for September 6th 2016

GBP/USD: A binary Put option coincides with the trend, seen below.
GBPUSD Binary Options Insights for September 6th 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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