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BINARY OPTIONS INSIGHTS FOR OCTOBER 26TH 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 26th, 2015 7:39am GMT, London UK

Market Recap & Outlook:

The Japanese manufacturing sector performed better than expected in October as measured by the preliminary Nikkei Manufacturing PMI which was reported at 52.5. Expectations called for a slowdown to 50.5 from September’s reading of 51.0. The final revision to the August leading index confirmed the initially reported level of 103.5 as the coincident index was revised down to 112.2 from the previously reported 112.5.

The Eurozone PMI showed a robust economy for October with an outperformance as compared to what economists anticipated. The Eurozone Markit Composite PMI clocked in at 54.0 which beat expectations for a level of 53.4 following September’s 53.6. The Eurozone Markit Manufacturing PMI matched September’s reading of 52.0 and was above the forecasted decrease to 51.7. The Eurozone Markit Services PMI was reported at 54.2, up 0.5 points as compared to September’s 53.7 and 0.9 points better than expected.

The United States will release another regional manufacturing report, the Dallas Federal Reserve Manufacturing Index, for the month of October. Economists anticipate a minor improvement in the rate of contraction with a level of -9.1. This would follow September’s -9.5 and continues to show an economy which is receding. Binary trading option accounts indicate an overweight in US Dollar put options.

Today’s Binary Option Trading Recommendations Overview:

EUR/JPY – Binary Call Option
EUR/GBP – Binary Call Option
USD/CHF – Binary Put Option
Silver – Binary Call Option
CAC 40 – Binary Put Option

Currency Pairs on today’s Radar Screen:

EUR/JPY – The EUR/JPY has ended its corrective phase and is now depleting downside pressure inside of its horizontal support level. The 50 Day Moving Average (DMA) remains below the 200 DMA and both moving averages are descending. The Accelerator Oscillator (AC) suggests a move to the upside as positive momentum is accumulating. The Relative Strength Index (RSI) is trading in neutral territory following the breakout above extreme oversold conditions.
EUR/JPY Binary Trading Options
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its horizontal support level as upside pressure is on the rise. The EUR/JPY is anticipated to reverse back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the EUR/JPY currency pair on dips below 133.900 on the H1 Hourly Chart. The upside potential for this binary call option is 285 pips to 136.750 while the downside potential is 75 pips to 133.150. This results in a risk/reward ratio of 3.80.

EUR/GBP – The EUR/GBP is stabilizing inside of its horizontal support level from where further downside potential appears limited. The descending 50 DMA is widening the gap to the descending 200 DMA. The AC indicates the increase in upside momentum which favors a counter-trend move higher. The RSI is trading in neutral conditions as a result of the advance from extreme oversold territory which additionally provided a boost to positive pressure.
EUR/GBP Trading the Euro
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The EUR/GBP is expected to drift into its 200 DMA from where a breakout is favored. Binary option traders are advised to seek binary call options in the EUR/GBP currency pair on dips below 0.7210 on the H1 Hourly Chart. The upside potential for this binary call option is 265 pips to 0.7475 while the downside potential is 110 pips to 0.7100. This results in a risk/reward ratio of 2.41.

USD/CHF – The USD/CHF is testing the strength of its newly formed horizontal resistance level which is expected to prevent a breakout from materializing. The 50 DMA is advancing and maintains its position above the ascending 200 DMA. The AC has formed a negative divergence suggesting a price action reversal while the RSI is trading in neutral territory after descending from extreme overbought conditions.
USD/CHF Currency Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. The USD/CHF is anticipated to enter a counter-trend move to the downside. Binary option traders are advised to seek binary put options in the USD/CHF currency pair on rallies above 0.9750 on the H1 Hourly Chart. The downside potential for this binary put option is 275 pips to 0.9475 while the upside potential is 90 pips to 0.9840. This results in a risk/reward ratio of 3.06.

Today’s Commodity Trade

SilverSilver bounced higher after touching its ascending support level which originated from its intra-day low of 15.631 recorded on October 21st 2015. The ascending 50 DMA is closing in on the sideways trending 200 DMA. The AC points towards an increase in positive momentum as the RSI is trading in neutral conditions following the collapse from extreme overbought territory. What is a binary option trade? A binary option trade is a trade entered from your binary trading account on any available asset with an expiry time.
Silver Binary Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its ascending support level while positive momentum is increasing. Silver is expected to extend its advance into its horizontal resistance level. Binary option traders are advised to seek binary call options in Silver on dips below 15.900 on the H1 Hourly Chart. The upside potential for this binary call option is 30 pips to 16.200 while the downside potential is 10 pips to 15.800. This results in a risk/reward ratio of 3.00.

Today’s Equity Index Recommendation

CAC 40 – The CAC 40 is validating its horizontal resistance level which is expected to halt the most recent price spike in this equity index. The 50 DMA continues trade to above the 200 DMA which is moving to the upside. The AC formed a steep negative divergence which favors a retracement of the uptrend and the RSI is trading in extreme overbought territory and is favored to descend from current levels, leading the trend reversal.
CAC 40 Binary Options
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. The CAC 40 is anticipated to breakdown and accelerate into its horizontal support level. Binary option traders are advised to seek binary put options in the CAC 40 equity index on rallies above 4,935.0 on the H1 Hourly Chart. The downside potential for this binary put option is 35,500 pips to 4,580.0 while the upside potential is 9,000 pips to 5,025.0. This results in a risk/reward ratio of 3.94.

Key Fundamental Data:

Thailand – The trade surplus surged to $2.79 billion in September, far above expectations for a trade surplus of $700 million and well above the $720 million surplus released for August. Exports decreased by 5.5% year-over-year as imports plunged by 26.2%. This followed the previous month’s decrease of 6.7% and 4.8% respectively.
Singapore – Industrial production is expected to post an increase of 1.0% in September month-over-month and a contraction of 4.6% year-over-year. This would represent an improvement over August’s data which showed a contraction of 3.7% month-over-month and 7.0% year-over-year.
Eurozone – Economists anticipate business confidence out of the Netherlands to decrease to a level of 3.31 in October from September’s 3.80.
Eurozone – Export prices in Finland are set to decrease by 1.0% year-over-year in September as import prices are favored to plunge by 8.0%. This would follow the 1.5% and 7.9% contraction which was reported in August.
Eurozone – The German IFO Business Climate is anticipated to decrease to 107.8 in October from the 108.5 reported in September. IFO Expectations are called down to 102.4 after being reported at 103.3 while IFO Current Conditions are favored to contract to 113.5, down 0.5 points from the previous month’s level of 114.0.
United Kingdom – Expectations for the fourth-quarter CBI Business Optimism Index call for a drop to 2 following the third-quarter’s reading of 8.
United States – Economists anticipate a contraction of 1.0% in new home sales for the month of September to 549,000 units. This would mark a reversal over the 5.7% increase to 552,000 reported in August.

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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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