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BINARY OPTIONS INSIGHTS FOR OCTOBER 13TH 2016

BitCoin/CNY 6273.870 21:00 24.01
WELLS FARGO 54.700 21:00 24.01
USD/CHF 1.00085 21:00 24.01
TOYOTA (US) 117.620 21:00 24.01
SONY 30.485 21:00 24.01
SILVER 17.118 21:00 24.01
GOLD 1209.957 21:00 24.01
COLGATE-PALMOLIVE 68.265 21:00 24.01
FIAT CHRYSLER 10.89 21:00 24.01
LOCKHEED MARTIN 252.895 21:00 24.01
FERRARI 62.695 21:00 24.01
TSX 60 924.440 21:00 24.01
AUD/NZD 1.04665 21:00 24.01
ALIBABA 101.450 21:00 24.01
BOEING 160.540 21:00 24.01
NZD/USD 0.72463 21:00 24.01
BANK OF AMERICA 22.945 21:00 24.01
PFIZER 31.155 21:00 24.01
CAD/JPY 86.432 21:00 24.01
NZD/JPY 82.435 21:00 24.01
AUD/USD 0.75845 21:00 24.01
AUD/JPY 86.280 21:00 24.01
GBP/JPY 142.263 21:00 24.01
GENERAL ELECTRIC 29.990 21:00 24.01
S&P 500 2280.120 21:00 24.01
JP MORGAN CHASE 84.715 21:00 24.01
GOLD/EUR 1127.335 21:00 24.01
USD/JPY 113.763 21:00 24.01
EUR/JPY 122.101 21:00 24.01
CITIGROUP VS JP MORGAN CHASE 0.67015 21:00 24.01
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By: Adam Stone
October 13th, 2016 07:45am GMT, London UK

Market Recap & Outlook:

According to the minutes of the US Federal Reserve’s September policy meeting, “Several members judged that it would be appropriate to increase the target range for the federal funds rate relatively soon if economic developments unfolded as expected”. The S&P 500 and the Dow Jones indexes ended Wednesday’s session with modest gains following the release of the minutes, as expectations for a near future rate hike remained unchanged.

EUR/USD fell 0.21 percent to 1.1030, the lowest since July, while GBP/USD rose 0.82 percent to trade at 1.2223.

USD/JPY rose 0.36 percent to 103.88. Earlier in the day, Bank of Japan Governor Haruhiko Kuroda reiterated to the Japanese Parliament that he remains ready to cut interest rates or expand asset purchasing if required.

Following informal talks with Russia and Mexico in Istanbul, OPEC sought on Wednesday to build momentum for its plan to cap global oil production, saying it will extend invitations to more non- member producers. Representatives from OPEC and non OPEC countries are due to hold a technical meeting on October 28-29 in Vienna to discuss “a road map” towards an agreement, Qatar’s Energy Minister told reporters after the meeting.

Russian President Vladimir Putin said he saw no obstacles to a global agreement on an oil output freeze.
No specific production figures were discussed during Wednesday’s meeting but more details are likely to be discussed in Vienna, according to the Russian Energy Minister.

US crude futures for November delivery were steady at $50.80 a barrel, close to Monday’s four month high of $51.60 a barrel. The December Brent contract edged up 0.15 percent to $52.48 a barrel, not far from Monday’s one year peak of $53.73.

Gold prices were higher on Wednesday, on the Comex division of the New York Mercantile Exchange, Gold futures for December delivery were up 0.09 percent at $1,275.15.
Silver futures for December delivery gained 0.42 percent to $17.582 a troy ounce.

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

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

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