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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 13TH 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 13th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Oil prices extend losses following OPEC Report warning.

Monday saw the Dollar edge lower in quiet trade against the other major currencies. The Dollar’s losses remained limited though, as comments from the Federal Reserve ignited new speculation over a possible rate hike later this year. The Dollar found support late on Friday after Boston Fed President Eric Rosengren said that low interest rates are increasing the chance of overheating the US economy. He added that gradually tightening monetary policy is appropriate to maintain full employment. Meanwhile, the Euro remained mildly supported after the European Central Bank held back from adding additional stimulus measures last week and left interest rates on hold.

EUR/USD slipped 0.08 percent to 1.1225, while GBP/USD gained 0.33 percent to trade at 1.3313. USD/JPY fell 0.74 percent to 101.96.
The US Dollar index was down 0.09 percent at 95.24.

Oil prices extended losses on Monday September 12th after the Organisation of the Petroleum Exporting Countries (OPEC) revised up its oil output forecast from non-member countries for 2017. OPEC warned in its monthly report that oil markets will remain heavily oversupplied well into 2017 as new fields come online and US shale drillers remain resilient in the face of cheap crude. Non OPEC supply for 2017 was revised up to 350,000 barrels per day (bpd) to average 56.52 million bpd, which is an increase on this year. Demand for crude from OPEC will average 32.48 million bpd in 2017, according to the organisation. Despite robust oil demand growth, the oil market will remain oversupplied this year and next according to the report.

Oil prices had already fallen ahead of the report, pressured lower by the stronger Dollar and by increasing oil drilling activity in the US. US crude was down 112 cents/2.44 percent to $44.76 on the New York Mercantile Exchange. Global benchmark, Brent, fell 107 cents/2.23 percent to $46.94 on the ICE futures Europe exchange.

EUR/USD: A binary Call option coincides with the trend, seen below.
eurusd Binary Options Insights for September 13th 2016

GBP/USD: A binary Call option coincides with the trend, seen below.
gbpusd Binary Options Insights for September 13th 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
usdjpy Binary Options Insights for September 13th 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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