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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 20TH 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 20th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

Oil prices rise on possible OPEC output freeze deal.

Monday saw the Dollar extend losses against the other major currencies, as investor caution grew ahead of the Federal Reserve and Bank of Japan policy meetings later this week. The US Dollar had strengthened after data on Friday showed that US consumer prices rose 0.2 percent in August, compared to the expected 0.1 percent gain. Year over year, consumer prices increased 1.1 percent, above expectations for a 1.0 percent gain. The strong data ignited fresh speculation regarding a possible US rate hike this month, ahead of the Federal Reserve’s policy statement due this Wednesday.

EUR/USD gained 0.36 percent to trade at 1.1195, off Friday’s almost two week low of 1.1145. GBP/USD rose 0.53 percent to 1.3070. USD/JPY fell 0.59 percent to 101.68.

Oil prices rose 1 percent on Monday September 19th after Venezuela made remarks claiming OPEC members and other major oil producers may agree a deal to freeze output. The rise was aided by violent clashes in Libya which disrupted attempts to restart crude exports from key ports. Oil was also supported by higher equity prices on Wall Street and a weaker Dollar which made USD denominated commodities, such as crude, more affordable to holders of the Euro and other currencies.

Brent crude futures were up 40 cents at $46.17 a barrel.

Gold prices held onto overnight gains on Monday. Gold for December delivery added $8.10/0.62 percent to trade at $1,318.30 a troy ounce. On Friday, gold prices had slumped to $1,309.20, the lowest since September 1.

EUR/USD: A binary Call option coincides with the trend, seen below.
eurusd Binary Options Insights for September 20th 2016

GBP/USD: A binary Call option coincides with the trend, seen below.
gbpusd Binary Options Insights for September 20th 2016

USD/JPY: A binary Put option coincides with the trend, seen below.
usdjpy Binary Options Insights for September 20th 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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