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BINARY OPTIONS AFTERNOON UPDATE

USD/MXN 19.871 17:00 24.02
WELLS FARGO 57.525 17:00 24.02
USD/CHF 1.00555 17:00 24.02
OIL-APR17 (BRENT) 56.105 17:00 24.02
TOYOTA (US) 113.725 17:00 24.02
SONY 30.865 17:00 24.02
COLGATE-PALMOLIVE 73.005 17:00 24.02
FIAT CHRYSLER 10.74 17:00 24.02
LOCKHEED MARTIN 263.670 17:00 24.02
FERRARI 64.920 17:00 24.02
TSX 60 919.950 17:00 24.02
NZD/CHF 0.72402 17:00 24.02
CAD/CHF 0.76719 17:00 24.02
ALIBABA 102.105 17:00 24.02
BOEING 177.215 17:00 24.02
NZD/USD 0.72003 17:00 24.02
BANK OF AMERICA 24.145 17:00 24.02
CAD/JPY 85.655 17:00 24.02
AUD/USD 0.76799 17:00 24.02
AUD/JPY 86.220 17:00 24.02
GBP/USD 1.24984 17:00 24.02
EUR/USD 1.05800 17:00 24.02
GENERAL ELECTRIC 29.945 17:00 24.02
EUR/CHF 1.06391 17:00 24.02
S&P 500 2357.320 17:00 24.02
DOLLAR INDEX-MAR17 100.983 17:00 24.02
3M 186.885 17:00 24.02
CITIGROUP VS AIG 0.93773 17:00 24.02
CITIGROUP VS JP MORGAN CHASE 0.66142 17:00 24.02
MASTERCARD 110.390 17:00 24.02
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By: Daniel Gant
January 8th 2014 4:0pm GMT, London UK
 
EUR/USD
The EUR/USD moved sideways yesterday between. Today we might see some movement as the FOMC minutes will be released. Before this report where we expecting to see some news about Fed tapering of monetary stimulus we should not forget about EU Retail Sales and Unemployment rate data. Those will be released at 10.00AM (GMT). The ADP Non-Farm Employment Change is coming out and will be hint for Friday’s Non-farm payrolls. To sum it up we expecting very busy day with lot of movement good for binary option trading.

GBP/USD
The GBP/USD pair was moving in a same way as EUR/USD, sideways. The current movement remains static. Today as the BoE Credit Conditions Survey which was announced it gave us closer knowledge about the U.K. loans for housing and business purposes and it is also a good indicator of economic health. The pair then will be also influenced by the U.S. data – U.S. ADP Non-Farm Employment Change and the FOMC Minutes.

USD/JPY
The USD/JPY climbed up and again to 105 level which was reached last time in the beginning of the week. The pair then slightly dropped but it was probably caused by price correction after the movement up. Today we might see the pair above the level if the bullish sentiment remains and the U.S. data comes out above expectation. The Fed minutes might also help the pair to test the resistance line which was reached last week.

GOLD
The price of Gold fell yesterday as the U.S. Dollar strengthened. The price was pushed from $1,243 an ounce to $1,225 an ounce. In previous days the price was mostly pulled up by disappointing stock market figures and stronger physical demand. India (the second largest physical buyer after China) might cut some of the import duties on Gold which were raised last year. If that happen the price of Gold should add some profits. However, right now the FOMC minutes will be closely watch and drive the price. If the Fed hints another tapering of the monetary stimulus the price might drop back down below its support. The support is now lying around 1,224

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Daniel Gant

Broker at GOptions
My strategies have been maintained and reworked for the last four years. Win loss accuracy and a stable method of volume production has insured my clients inside my personal portfolio success, not to mention the education, guides and management sessions that I teach daily.

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