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BINARY OPTIONS INSIGHTS FOR OCTOBER 13TH 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
October 13th, 2015 7:32am GMT, London UK

Market Recap & Outlook:

Australian credit card purchases for the month of August were reported at A$24.4 billion while credit card balances came in at A$50.6 billion. This marked a slowdown over July’s credit card purchases which stood at A$24.7 billion and a minor uptick over credit card balances reported at A$50.5 billion. Give the pressures of the commodity collapse, the Australian consumer has held up pretty well which is likely to keep the Reserve Bank of Australia sidelined until it feels an increase in interest rates is justified.

The Netherlands reported a trade surplus of €2.95 billion for August which represented a slowdown over the upward revised trade surplus of €4.87 billion which was reported for July; but it missed expectations which called for an increase to €5.00 billion. France reported an unexpected current account surplus of €0.2 billion for August. Economists anticipated a current account deficit of €0.2 billion following the €0.4 billion deficit which was released in July.

Today’s Eurozone ZEW Survey Economic Sentiment Index is expected to show a plunge to 25.4 for October from September’s level of 33.3. The German ZEW Survey Economic Sentiment Index is also expected to drop, but to a greater extend; from 12.1 reported in September down to 6.5 in October. The German ZEW Survey Current Situation Index is called down to 64.0 from 67.5. What is the best binary option trading platform? GOptions operates one of the most advanced trading platforms in today’s industry, suitable to all traders with an unmatched offering of assets and trading options.

Today’s Binary Option Trading Recommendations Overview:

AUD/USD – Binary Put Option
EUR/JPY – Binary Put Option
USD/JPY – Binary Put Option
Gold – Binary Put Option
Nikkei 225 – Binary Put Option

Currency Pairs on today’s Radar Screen:

AUD/USD – The AUD/USD has depleted upward pressure inside of its horizontal resistance level which led to a breakdown below it. The ascending 50 Day Moving Average (DMA) maintains its position above the 200 DMA which is moving higher as well. The Accelerator Oscillator (AC) formed a negative divergence and the Relative Strength Index (RSI) is trading in oversold conditions as a result of its breakdown from extreme overbought territory; a collapse into extreme oversold levels is anticipated.
AUD/USD Binary Options
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its horizontal resistance level. The AUD/USD is expected to enter a corrective phase from current levels. Binary option traders are advised to seek binary put options in the AUD/USD currency pair on rallies above 0.7290 on the H1 Hourly Chart. The downside potential for this binary put option is 290 pips to 0.7000 while the upside potential is 90 pips to 0.7380. This results in a risk/reward ratio of 3.22.

EUR/JPY – The EUR/JPY completed a breakdown below its horizontal resistance level which switched momentum to negative as the uptrend was violated. The 50 DMA continues to move higher and is trading above the ascending 200 DMA. The AC indicates the contraction in upside momentum for this currency pair. The RSI is trading in oversold territory following the collapse from extreme overbought conditions and an extension in favored.
EUR/JPY Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its horizontal resistance level as negative momentum is on the rise. The EUR/JPY is anticipated to break down below its 200 DMA and accelerate to the downside. Binary option traders are advised to seek binary put options in the EUR/JPY currency pair on rallies above 135.900 on the H1 Hourly Chart. The downside potential for this binary put option is 245 pips to 133.450 while the upside potential is 105 pips to 136.950. This results in a risk/reward ratio of 2.33.

USD/JPY – The USD/JPY is faced with an increase in downside pressure after retreating from its intra-day high of 120.337 reached on October 9th 2015 which is located just beneath its horizontal resistance level. The 50 DMA has flattened out and trades above the 200 DMA which is trending sideways; a negative crossover is anticipated. The AC points towards an increase in negative momentum while the RSI is trading in oversold conditions following the move lower from extreme overbought territory.
USD/JPY Currency Pair
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its 200 DMA. The USD/JPY is expected to resume its counter-trend reversal until it will reach its horizontal support level. Binary option traders are advised to seek binary options put in the USD/JPY currency pair on rallies above 119.700 on the H1 Hourly Chart. The downside potential for this binary put option is 100 pips to 118.700 while the upside potential is 35 pips to 120.050. This results in a risk/reward ratio of 2.86.

Today’s Commodity Trade

GoldGold is challenging the strength of its horizontal resistance level which is favored to prevent an extension of the current advance. The ascending 50 DMA is trading above the ascending 200 DMA and the gap is widening. The AC shows the formation of a negative divergence as the RSI is trading in neutral territory as a result of the collapse from extreme overbought conditions. A binary options trading guide can help improve efficiency of placed trades and therefore enhance profitability over the long-term.
Gold
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading just below of its horizontal resistance level with an increase in downside pressure. Gold is anticipated to move down into its 200 DMA from where a breakdown is likely to emerge. Binary option traders are advised to seek binary put options in Gold on rallies above 1,152.00 on the H1 Hourly Chart. The downside potential for this binary put option is 4,590 pips to 1,106.10 while the upside potential is 1,700 pips to 1,169.00. This results in a risk/reward ratio of 2.70.

Today’s Equity Index Recommendation

Nikkei 225 – The Nikkei 225 entered a sideways trend after it reached its horizontal resistance level. The 50 DMA has started to drift sideways as well and is trading above the 200 DMA which is moving to the upside. The AC has formed a negative divergence suggesting a price action reversal in this equity index. The RSI is trading in neutral conditions following the move lower from overbought territory which boosted downside pressure.
NIkkei 225
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading just below of its horizontal resistance. The Nikkei 225 is expected reverse into its 200 DMA from where a breakdown will open the way lower into its horizontal support level. Binary option traders are advised to seek binary put options in the Nikkei 225 equity index on rallies above 18,200.0 on the H1 Hourly Chart. The downside potential for this binary put option is 96,500 pips to 17,235.0 while the upside potential is 50,000 pips to 18,700.0. This results in a risk/reward ratio of 1.93.

Key Fundamental Data:

Australia – The ANZ Roy Morgan Weekly Consumer Confidence Index for the week ending October 11th 2015 came in at 115.6 after being reported at 110.0 in the previous week.
Japan – Minutes from September 14th 2015 to September 15th 2015 Bank of Japan policy meeting showed that according to board members, the recovery remains intact with a small rise in inflation. The economic risks were blamed on the collapse in commodity prices as well as the slowdown in emerging markets. It is unlikely that the BoJ will release a stimulus during its next meeting.
Japan – Bank lending including trusts rose by 2.6% in September year-over-year and excluding trusts it rose 2.6% as well. This followed August’s increase of 2.7% and 2.8% respectively.
Australia – NAB Business Conditions for September were reported at 9 and NAB Business Confidence came in at 5. This followed August’s release which showed a downward revised level of 9 and 1 respectively.
China – The Chinese trade surplus was reported at $59.45 billion for September which represented a slowdown over the $60.24 billion trade surplus released for August. Economists expected a much bigger decrease to $47.90 billion. Exports decreased by 1.1% year-over-year while imports plunged by 17.7%. This marked an improvement over August’s contraction of 5.5% and a worsening over the 13.8% contraction respectively. Expectations called for a drop of 6.0% in exports and 15.9% in imports.
Japan – Economists anticipate consumer confidence for September to decrease by 0.1 point to 41.6 from August’s level of 41.7.
Eurozone – The German wholesale price index (WPI) for September is called lower by 0.6% month-over-month and 1.3% year-over-year. This would mark an improvement over August’s contraction of 0.8% month-over-month, but a worsening over the 1.1% year-over-year contraction.
Eurozone – The final revision to the German consumer price index (CPI) for September is anticipated to confirm the initially released contraction of 0.2% month-over-month and 0.0% year-over-year. The EU Harmonized CPI is also favored to confirm the previously reported contraction of 0.3% and 0.2% respectively.
Eurozone – The Eurozone ZEW Economic Sentiment Index for October is anticipated to drop to 25.4 from the 33.3 which was released for September. Expectations for the German ZEW Survey Current Situation Index call for a decrease of 3.5 points to 64.0 in October from September’s level of 67.0 while the ZEW Survey Economic Sentiment Index is set to plunge to 6.5 from 12.1.
United States – Economists anticipate the NFIB Small Business Optimism Index for September to come in at 95.3, down 0.6 points from August’s level of 95.9.
United States – Expectations for the monthly budget statement out of the US call for a deficit of $95.0 billion in September following August’s deficit of $105.8 billion.

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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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