+1 (866)-882-6854
+ 44 203-807-1675
Chat
01:53:57 GMT
Black & White

BINARY OPTIONS INSIGHTS FOR AUGUST 13TH 2015

BITCOIN 927.191 00:00 22.01
BITCOIN 925.542 23:00 21.01
BITCOIN 928.606 21:40 21.01
BITCOIN 927.834 21:20 21.01
BITCOIN 929.132 21:00 21.01
BITCOIN 926.861 20:40 21.01
BITCOIN 926.252 20:20 21.01
BITCOIN 925.464 20:00 21.01
BITCOIN 925.128 19:40 21.01
BITCOIN 925.724 19:20 21.01
BITCOIN 928.129 19:00 21.01
BITCOIN 927.638 18:40 21.01
BITCOIN 926.386 18:20 21.01
X
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
August 13th, 2015 5:22am GMT, London UK

Market Recap & Outlook:

Japan reported a set of positive economic reports during yesterday’s trading session. The important Tertiary Industry Index rose by 0.3% in June month-over-month which came in above expectations for an increase of only 0.1%. Adding to the positive tone of this report was the upward revision to May which now shows a contraction of 0.6%. The final reading for industrial production showed upward revisions to 1.1% in June month-over-month and 2.3% year-over-year. This followed the initially reported increase of 0.8% and 2.0% respectively.

China reported a bigger-than-expected slowdown in industrial production for July which rose 6.0% year-over-year. Economists were looking for a slowdown to 6.6% from June’s level of 6.8%. Retail sales rose by 10.5% in July year-over-year and represented a small decrease as compared to the 10.6% increase reported in June. Fixed assets excluding rural investments rose by 11.2% year-to-date which missed expectations for an increase to 11.5% from June’s increase of 11.4%.

Deflationary pressures have likely increased in Switzerland in July with expectations for Producer & Import Prices calling for a contraction of 0.2% month-over-month and 6.3% year-over-year. This would follow the 0.1% and 6.1% contraction which were reported in June. A binary options trading scam can be avoided by keeping up-to-date with the daily Binary Options Insights provided here; which do not only offer an accurate market analysis, but also allows binary options traders to receive profitable trade set-ups.

Today’s Binary Option Trading Recommendations Overview:

NZD/USD – Binary Put Option
EUR/CHF – Binary Put Option
USD/CAD – Binary Call Option
Silver – Binary Put Option
CAC 40 – Binary Call Option

Currency Pairs on today’s Radar Screen:

NZD/USD – The NZD/USD has recovered from its previous move to the downside and advanced back into its horizontal resistance level. The 50 Day Moving Average (DMA) is trading in close proximity to the 200 DMA and is vulnerable to false crossovers. The Accelerator Oscillator (AC) has decelerated from its peak and indicates a build-up in downward pressure as the Relative Strength Index (RSI) is trading in overbought territory.
NZD/USD
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. The NZD/USD is anticipated to drift lower into its 200 DMA from where more downside is favored. Binary option traders are advised to seek binary put options in the NZD/USD currency pair on rallies above 0.6620 on the H1 Hourly Chart. The downside potential for this binary put option is 150 pips to 0.6470 while the upside potential is 50 pips to 0.6670. This results in a risk/reward ratio of 3.00.

EUR/CHF – The EUR/CHF has already broken down below its horizontal resistance level which resulted in an in increase in downward pressure. The 50 DMA remains above the 200 DMA as both moving averages are advancing. The AC has confirmed the increase in downward momentum after the breakdown and the RSI is trending lower in neutral conditions after completing a breakdown from extreme overbought conditions.
EUR/CHF Binary Options Insights
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading just below of its horizontal resistance level and above of its 50 DMA. The EUR/CHF is expected to breakdown below its 200 DMA and move to the horizontal support level. Binary option traders are advised to seek binary put options in the EUR/CHF currency pair on rallies above 1.0870 on the H1 Hourly Chart. The downside potential for this binary put option is 190 pips to 1.0680 while the upside potential is 90 pips to 1.0960. This results in a risk/reward ratio of 2.11.

USD/CAD – The USD/CAD has dropped from its descending resistance level to its horizontal support level. The 50 DMA has increased the rate at which it is descending and remains below the 200 DMA which has flattened out. The AC has formed a double bottom and recovered from its lows. The RSI is trading in oversold conditions and formed a positive divergence which further supports a reversal in this currency pair.
USD/CAD
Today’s Binary Options Trading Strategy: Call Option
Price action is now stabilizing inside of its horizontal support level with an increase in upward pressure. The USD/CAD is anticipated to advance into its descending 50 DMA from where a breakout is favored. Binary option traders are advised to seek binary call options in the USDCAD currency pair on dips below 1.2970 on the H1 Hourly Chart. The upside potential for this binary call option is 225 pips to 1.3195 while the downside potential is 60 pips to 1.2910. This results in a risk/reward ratio of 3.75.

Today’s Commodity Trade

SilverSilver has pushed to the upside and is now testing its newly formed horizontal resistance level. The 50 DMA is approaching the horizontal resistance level and remains well above the ascending 200 DMA. The AC has formed a negative divergence and suggests a potential price action reversal in this commodity. The RSI has formed a negative divergence as well and already broke down from extreme overbought conditions.
Silver
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level from where upward pressure is fading. Silver is expected to enter a corrective phase from current levels. Binary option traders are advised to seek binary put options in Silver on rallies above 15.350 on the H1 Hourly Chart. The downside potential for this binary put option is 80 pips to 14.550 while the upside potential is 25 pips to 15.600. This results in a risk/reward ratio of 3.20.

Today’s Equity Index Recommendation

CAC 40 – The CAC 40 has broken out above of its horizontal support level following a strong move to the lower. The 50 DMA is accelerating to the downside, but remains above the 200 DMA which is descending. The AC is indicating an increase in upward momentum while the RSI is trading in oversold territory after reversing from extreme conditions. The best stock options to trade should be substituted in favor of this equity index.
CAC 40
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading just above of its horizontal support level. The CAC 40 is anticipated to drift into its 200 DMA from where more upside is likely. Binary option traders are advised to seek binary call options in the CAC 40 equity index on dips below 4,990.0 on the H1 Hourly Chart. The upside potential for this binary call option is 22,500 pips to 5,215.0 while the downside potential is 9,000 pips to 4,900.0. This results in a risk/reward ratio of 2.50.

Key Fundamental Data:

New Zealand – The NZ Business Performance of Manufacturing Index decreased to 53.5 in July from the downward revised level of 55.1 which was reported in June.
New Zealand – Food prices rose 0.6% in July month-over-month which marked a small increase as compared to the 0.5% increase reported in June.
Eurozone – The final revision to the German Consumer Price Index (CPI) is expected to confirm the initially reported increase of 0.2% for July month-over-month and 0.2% year-over-year. The EU Harmonized CPI is also expected to confirm the previously reported increase of 0.3% month-over-month and 0.1% year-over-year.
Switzerland – Swiss Producer & Import Prices are expected to show a contraction of 0.2% in July month-over-month and 6.3% year-over-year. This would represent an acceleration of deflationary pressures as compared to the previous month which posted a contraction of 0.1% and 6.1% respectively.
Canada – Expectation for the New Housing Price Index call for an increase of 0.1% in June month-over-month and 1.0% year-over-year. This would mark a slowdown as compared to May’s increase of 0.2% and 1.2% respectively.
United States – Economists expect initial jobless claims to come in at 270,000 for the week ending August 8th 2015 while continuing claims are expected to clock in at 2,245,000 for the week ending August 1st 2015. This would mark no change in initial jobless claims as compared to August 1st 2015 when initial jobless claims were reported at 270,000 and a decrease of 10,000 in continuing claims as compared to July 25th 2015.
United States – Advanced retail sales are expected to rebound in July with an increase of 0.6% after posting a contraction of 0.3% in June. Excluding auto sales, retail sales are expected to increase by 0.4% while the retail sales control group is expected to show an increase of 0.5%. This would represent a turnaround from the contraction of 0.1% and 0.1% which was reported in June respectively. Retail sales excluding auto sales and gasoline sales are expected to increase by 0.4% after contracting by 0.2% in the previous month.
United States – Economists expect the Import Price Index to confirm deflationary trends remain anchored in the US economy. The Import Price Index is set to show a contraction of 1.2% in July month-over-month and 10.7% year-over-year. This would follow the 0.1% and 10.0% contraction which were reported in June respectively.
United States – Expectations for business inventories call for an increase of 0.3% in June which would match the 0.3% increase reported in May.

Share Button
Adam Stone
Follow me

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
Follow me

Start Trading with the most professional mobile platform, always on the GO
Play StoreApp Store