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BINARY OPTIONS INSIGHTS FOR DECEMBER 8TH 2015

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
December 8th, 2015 08:25am GMT, London UK

Market Recap & Outlook:

The preliminary October Leading Index was reported at 102.9 and the Coincident Index came in at 114.3 following the previous month’s reading of 101.6 and 112.3 respectively. Economists anticipated a smaller improvement of 0.4 points to 102.0 for the Leading Index and of 0.2 points to 112.5 for the Coincident Index. The Japanese Yen remained stable with a minor positive bias following the better-than-expected economic report.

Swiss foreign currency reserves for the month of November swelled to CHF562.7 billion. Expectations called for an increase to CHF554.0 billion from the previous month’s foreign currency reserves of CHF550.9 billion. The Swiss Franc continued to drift to the downside and is favored to resume this trend over the course of the next few trading sessions. Online trading for beginners never featured as many free courses as it does now so open your free trading account today and start your learning process.

The United Kingdom will release its report on industrial and manufacturing production for October. Industrial production is favored to post an increase of 0.1% month-over-month and 1.2% year-over-year after contracting by 0.2% and rising by 1.1% in the previous month respectively. Manufacturing production is anticipated to contract by 0.2% month-over-month and to come in at 0.0% year-over-year following September’s increase of 0.8% and drop of 0.6%.

Today’s Binary Option Trading Recommendations Overview:

NZD/USD – Binary Call Option
GBP/JPY – Binary Put Option
USD/CHF – Binary Call Option
Crude Oil – Binary Call Option
Nikkei 225 – Binary Call Option

Currency Pairs on today’s Radar Screen:

NZD/USD – The NZD/USD collapsed from its most recent intra-day high of 0.6787 which was recorded on December 4th 2015. The descending 50 Day Moving Average (DMA) remains above the 200 DMA which drifting to the upside. The Accelerator Oscillator (AC) formed a positive divergence while the Relative Strength Index (RSI) is trading in oversold conditions as a result of the advance from extreme oversold territory.
NZD/USD Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading below of its 50 DMA, but above of its 200 DMA. The NZD/USD is expected to reverse back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the NZD/USD currency pair on dips below 0.6655 on the H1 Hourly Chart. The upside potential for this binary call option is 130 pips to 0.6785 while the downside potential is 35 pips to 0.6620. This results in a risk/reward ratio of 3.71.

GBP/JPY – The GBP/JPY completed a breakdown below its horizontal resistance level which resulted in a change of momentum to negative. The 50 DMA started to retreat from its peak, but continues to trade above the sideways trending 200 DMA. The AC points towards the accumulation in downside momentum and the RSI is trading in oversold territory after descending from extreme overbought conditions; a drop into extreme oversold levels is expected.
GBP/JPY Online Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its horizontal resistance level. The GBP/JPY is anticipated to complete a breakdown below of its 200 DMA from where more downside is favored. Binary option traders are advised to seek binary put options in the GBP/JPY currency pair on rallies above 185.000 on the H1 Hourly Chart. The downside potential for this binary put option is 100 pips to 184.000 while the upside potential is 50 pips to 185.500. This results in a risk/reward ratio of 2.00.

USD/CHF – The USD/CHF was able to advance after reaching its most recent intra-day low of 0.9875 on December 3rd 2015 which led to a breakout above its horizontal support level. The ascending 50 DMA maintains its positions below the descending 200 DMA. The AC favors an extension of the move to the upside as positive pressure is on the rise. The RSI is trading in neutral conditions following the reversal from extreme oversold territory.
USD/CHF Currency Pair Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its ascending support level. The USD/CHF is expected to accelerate back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the USD/CHF currency pair on dips below 1.0010 on the H1 Hourly Chart. The upside potential for this binary call option is 315 pips to 1.0325 while the downside potential is 95 pips to 0.9915. This results in a risk/reward ratio of 3.32.

Today’s Commodity Trade

Crude OilCrude Oil is validating its newly formed horizontal support level from where further downside pressure is being depleted. The 50 DMA is moving to the downside below the 200 DMA which is also descending. The AC indicates the formation of a positive divergence in this commodity. The RSI is trading in extreme oversold territory which is unsustainable and a breakout is favored. How to make money trading binary options? The most profitable approach is through an accurate analysis of the markets.
Crude Oil Price
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level with an increase in positive momentum. Crude Oil is anticipated to enter a counter-trend advance. Binary option traders are advised to seek binary call options in Crude Oil on dips below 38.00 on the H1 Hourly Chart. The upside potential for this binary call option is 525 pips to 43.25 while the downside potential is 100 pips to 37.00. This results in a risk/reward ratio of 5.25.

Today’s Equity Index Recommendation

Nikkei 225 – The Nikkei 225 is moving lower inside of its large bearish price channel which guided this equity index into its horizontal support level. The descending 50 DMA is widening the gap to the descending 200 DMA. The AC supports a counter-trend advance with a build-up in upside pressure as the RSI is trading in oversold conditions after moving higher from extreme oversold territory which provided a spike in upside pressure.
Nikkei 225 Equity Index Price
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading just above of its horizontal support level. The Nikkei 225 is expected to break out above its bearish price channel and advance further to the upside. Binary option traders are advised to seek binary call options in Nikkei 225 equity index on dips below 19,525.0 on the H1 Hourly Chart. The upside potential for this binary call option is 50,000 pips to 20,025.0 while the downside potential is 14,500 pips to 19,380.0. This results in a risk/reward ratio of 3.45.

Key Fundamental Data:

Japan – The final revision to the third-quarter gross domestic product (GDP) was revised upward in order to reflect a growth rate of 0.3% quarter-over-quarter and 1.0% year-over-year. This reversed the previously released contraction of 0.2% and 0.8% respectively. Economists anticipated a revised growth rate to 0.1% quarter-over-quarter and 0.2% year-over-year.
Japan – The current account surplus rose to ¥1,458.2 billion and the trade surplus clocked in at ¥200.2 billion for the month of October. Expectations called for a twin surplus of ¥1,594.2 billion and ¥202.3 billion following September’s reading of ¥1,468.4 billion and ¥82.3 billion.
Japan – Bank lending rose 2.3% in November and excluding trusts its rose by 2.3% as well after being reported at 2.5% and 2.5% respectively in October.
China – The trade surplus for November came in at $54.10 billion, down from October’s surplus of $61.64 billion and against expectations for an increase to $64.15 billion. Exports decreased by 6.8% year-over-year and imports dropped by 8.7% year-over-year following the previous month’s contraction of 6.9% and 18.8% respectively. Consensus estimates called for a decrease of 5.0% and 11.8%.
Japan – Expectations for the Eco-Watchers Survey Current Index call for an improvement to 48.5 in November, up 0.3 points from the previous month’s reading of 48.2. The Eco-Watchers Survey Outlook Index is favored to show no change from October’s level of 49.1.
Eurozone – Finland is anticipated to report a trade surplus in October of €64.5 million which would reverse the trade deficit of €55.0 million reported in September.
Eurozone – Consensus estimates call for a French trade deficit of €3.2 billion and a current account deficit of €79.2 billion for the month of October, adding to the twin deficit of €3.4 billion and €74.5 billion which was released in the previous month.
Eurozone – The preliminary third-quarter GDP is favored to show an increase of 0.3% quarter-over-quarter and 1.6% year-over-year which would match the previously released growth rate. Household consumption is called up by 0.5% and gross fixed capital is anticipated to rise by 0.2% following the initially released increase of 0.4% and contraction of 0.5% respectively. Government expenditure is set for no change at a growth rate of 0.3%.
United States – Economists anticipate the NFIB Business Optimism Index for November to increase to 96.4 from the previous month’s reading of 96.1.
United States – JOLTS Job Openings for the month of October are called in at 5.550 million. This would represent a small improvement over September’s level of 5.526 million.
United States – Expectations for the IDB/TIPP Economic Optimism Index favor a reading of 45.0 in December, down 0.5 points from the 45.5 reported in November.

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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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