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BINARY OPTIONS INSIGHTS FOR DECEMBER 16TH 2015

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
December 16th, 2015 10:32am GMT, London UK

Market Recap & Outlook:

The consumer price index (CPI) out of the United Kingdom clocked in at 0.0% month-over-month and rose by 0.1% year-over-year in November following the previous month’s increase of 0.1% and contraction of 0.1% respectively. Economists anticipated a rise of 0.1% month-over-month and a drop of 0.1% year-over-year. The core CPI, which excludes food and energy, rose by 1.2% year-over-year which matched expectations and marked an improvement over the previous month’s increase of 1.1%.

The CPI out of the United States for November came in at 0.0% month-over-month and posted an increase of 0.5% year-over-year. This was in-line with consensus estimates and represented a slowdown over October’s increase of 0.2% month-over-month and an improvement over the 0.2% rise year-over-year. The core CPI rose by 0.2% month-over-month and 2.0% year-over-year following the previous month’s level growth rate of 0.2% and 1.9% respectively.

The US will report on industrial production and manufacturing production for the month of November which is favored to show a contraction of 0.1% and a reading of 0.0% respectively. October’s data is set to remain unchanged at a decrease of 0.2% and a rise of 0.4% respectively. Capacity utilization is called in at 77.4%, down from the previous month’s level of 77.5%.Learn how to trade options and take advantage of trading opportunities today.

Today’s Binary Option Trading Recommendations Overview:
• GBP/JPY – Binary Call Option
• USD/CHF – Binary Put Option
• USD/CAD – Binary Put Option
• Gold – Binary Call Option
• S&P 500 – Binary Put Option

Currency Pairs on today’s Radar Screen:

GBP/JPY – The GBP/JPY spiked higher from its intra-day low of 182.122 which was recorded on December 14th 2015. The 50 Day Moving Average (DMA) is descending and widening the gap to the 200 DMA which is drifting lower at a slower pace. The Accelerator Oscillator (AC) shows the rise in positive pressure while the Relative Strength Index (RSI) is trading in neutral conditions after advancing from extreme oversold territory.

GBP/JPY  Binary Options Insights for December16th 2015

Today’s Binary Options Trading Strategy: Call Option

Price action is now trading above of its horizontal support level, but below of its 200 DMA. The GBP/JPY is anticipated to advance into its horizontal resistance level. Binary option traders are advised to seek binary call options in the GBP/JPY currency pair on dips below 183.600 on the H1 Hourly Chart. The upside potential for this binary call option is 275 pips to 186.350 while the downside potential is 100 pips to 182.600. This results in a risk/reward ratio of 2.75.

USD/CHF – The USD/CHF advanced into its descending resistance level which started to increase downside pressure on this currency pair. The ascending 50 DMA is closing in on the descending 200 DMA. The AC suggests a price action reversal as negative pressure is accumulating and the RSI is trading in overbought territory following the breakdown from extreme overbought conditions which added to the rise in downside momentum.

USD/CHF  Binary Options Insights for December16th 2015

Today’s Binary Options Trading Strategy: Put Option

Price action is currently trading below of its descending resistance level. The USD/CHF is expected to drop back into its horizontal support level. Binary option traders are advised to seek binary put options in the USD/CHF currency pair on rallies above 0.9890 on the H1 Hourly Chart. The downside potential for this binary put option is 105 pips to 0.9785 while the upside potential is 35 pips to 0.9925. This results in a risk/reward ratio of 3.00.

USD/CAD– The USD/CAD entered a sideways trend below of its horizontal resistance level which is depleting upside momentum. The 50 DMA started to retreat from its peak, but continues to trade above the 200 DMA which is moving to the upside. The AC favors a counter-trend move lower due to the build-up in negative pressure.The RSI is trading in neutral conditions as a result of the drop down from overbought territory.

USD/CAD Binary Options Insights for December16th 2015

Today’s Binary Options Trading Strategy: Put Option

Price action is now trading below of its horizontal resistance level and above of its 50 DMA. The USD/CAD is anticipated to enter a corrective phase. Binary option traders are advised to seek binary put options in the USD/CAD currency pair on rallies above 1.3720 on the H1 Hourly Chart. The downside potential for this binary put option is 400 pips to 1.3320 while the upside potential is 180 pips to 1.3900. This results in a risk/reward ratio of 2.22.

Today’s Commodity Trade

Crude Oil – Crude Oil ended its corrective phase with a breakout above its horizontal support level which resulted in a momentum change to positive. The ascending 50 DMA is closing in on the 200 DMA which is descending; a positive crossover is favored to materialize. The AC points to the rise in positive momentum as the RSI is trading in neutral territory after the reversal from extreme overbought conditions.

Crude Oil Today’s Commodity Trade 16/12/15

Today’s Binary Options Trading Strategy: Call Option

Price action is currently trading above of its 50 DMA, but below of its 200 DMA. Crude Oil is expected to move higher until it can challenge its horizontal resistance level. Binary option traders are advised to seek binary call options in Crude Oil on dips below 37.25 on the H1 Hourly Chart. The upside potential for this binary call option is 475 pips to 42.00 while the downside potential is 105 pips to 36.20. This results in a risk/reward ratio of 4.52.

Today’s Equity Index Recommendation

S&P 500 – The S&P 500 completed a breakout above its horizontal support level, but is expected to retrace this move. The 50 DMA is moving lower after completing a negative crossover below the 200 DMA which is drifting to the downside as well. The AC indicates an increase in downside pressure as the RSI is trading in neutral conditions following the rise from extreme oversold territory.The best binary option broker indicates an increase in put options for this equity index.

SP 500 Today’s Equity Index Recommendation 16/12/15

Today’s Binary Options Trading Strategy: Put Option

Price action is now trading below of its horizontal resistance level and below its 50 DMA as well as below its 200 DMA. The S&P 500 is anticipated to move back into its horizontal support level. Binary option traders are advised to seek binary put options in the S&P 500 equity index on rallies above 2,045.00 on the H1 Hourly Chart. The downside potential for this binary put option is 5,000 pips to 1,995.00 while the upside potential is 2,225 pips to 2,067.25. This results in a risk/reward ratio of 2.25.

Key Fundamental Data:

Japan – The preliminary Nikkei Manufacturing PMI for December decreased to 52.5, down 0.1 point from the 52.6 which was reported in November.

United Kingdom – Consensus estimates for jobless claims change for November call for an increase of 800 with a claimant count rate of 2.3% following the previous month’s rise of 3,300 and claimant count rate of 2.3%.

United Kingdom – The three-month-over-three month period ending in October employment change favors the addition of 150,000 jobs which would represent a slowdown over September’s three-month-over-three month period which showed the addition of 177,000 jobs. The ILO unemployment rate is expected to remain unchanged at 5.3%.

Average weekly earnings for the three-month-over-three month period ending in October are set to show an increase of 2.5% year-over-year and excluding bonuses of 2.3% year-over-year following the previous month’s increase of 3.0% and 2.5% respectively.

Switzerland – Expectations for the December ZEW Economic Sentiment Index call for an increase to 0.4 from the 0.0 which was released for the previous month.

United States –The Mortgage Bankers Association (MBA) mortgage applications for the week ending December 11th 2015 are set to rise by 0.5%. This would represent a slowdown over the previous week’s rise of 1.2%.

United States – Economists anticipate an increase of 7.3% to 1,135,000 housing starts for November and a decrease of 1.0% in building permits to 1,150,000 permits. This would follow October’s plunge of 11.0% in housing starts to 1,060,000 units and rise of 5.1% in building permits to 1,161,000 permits.

Canada – Consensus estimates for October international securities transactions favor a level of C$5.10 billion after the previous month’s reading of C$3.35 billion.

United States – Expectations for the December preliminary Markit Manufacturing PMI call for a level of 52.6 which would mark a decrease over November’s 52.8.

United States – The Energy Information Agency (EIA) will release its inventory data for the week ending December 11th 2015 which is anticipated to show a draw-down of 1,400,000 barrels in crude oil inventories and a build-up of 2,000,000 barrels in gasoline inventories. This would add to the draw-down of 3,568,000 barrels in crude oil inventories reported in the preceding week as well as an addition to the build-up of 786,000 barrels in gasoline inventories.

United States – Economists anticipate the Federal Open Market Committee (FOMC) of the Federal Reserves to announce an increase in interest rates to 0.50%, up 25 basis points from the current level of 0.25%.

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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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