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BINARY OPTIONS INSIGHTS FOR AUGUST 20TH 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
August 20th, 2015 5:22am GMT, London UK

Market Recap & Outlook:

Japan reported a merchandise trade deficit of ¥268.1 billion in July which was well above expectations calling for a deficit of only ¥53.0 billion. June’s trade deficit was revised higher to reflect a merchandise trade deficit of ¥70.5 billion. Exports increased by 7.6% as imports dropped by 3.2% which was better than the increase of 5.2% and the decrease of 8.2% expected for the period respectively. This followed the increase of 9.5% and contraction of 2.9% reported in June.

The Westpac Leading Index for July was reported at 0.0% month-over-month which matched the level released for June and suggests a stagnant economy. On the bright side, skilled vacancies rose by 0.1% in July month-over-month which followed the upward revised contraction of 0.3% reported in June. This twin data set confirms the assessment by the Reserve Bank of Australia (RBA) that economic growth could come in marginally lower than previously expected.

Today’s Philadelphia Federal Reserve Index should be closely monitored after the big disappointment in the New York Empire Manufacturing Index. Economists expect and increase to 7.0 in August from the 5.7 reported in July. The risk remains to the downside and for a negative reading which is expected to result in a volatility spike for the US Dollar. Virtual option trading can be a great exercise prior to executing live binary option trades in order to increase trading knowledge.

Today’s Binary Option Trading Recommendations Overview:

AUD/USD – Binary Call Option
GBP/JPY – Binary Call Option
USD/CHF – Binary Call Option
Gold – Binary Put Option
FTSE 100 – Binary Call Option

Currency Pairs on today’s Radar Screen:

AUD/USD – The AUD/USD has reversed back into its horizontal support level from where this currency pair was able to spike higher. The descending 50 Day Moving Average (DMA) did cross below the 200 DMA which is trending sideways with a negative bias. The Accelerator Oscillator (AC) shows an overall uptrend in momentum while the Relative Strength Index (RSI) is trading in oversold conditions following the reversal.
AUD/USD Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its 50 DMA following the breakout above its horizontal support level. The AUD/USD is anticipated to advance into its 200 DMA from where more upside is favored. Binary option traders are advised to seek binary call options in the AUD/USD currency pair on dips below 0.7360 on the H1 Hourly Chart. The upside potential for this binary call option is 35 pips to 0.7395 while the downside potential is 15 pips to 0.7345. This results in a risk/reward ratio of 2.33.

GBP/JPY – The GBP/JPY has broken down below its horizontal resistance level, but was able to halt its move lower at its ascending support level. The 50 DMA continues to trade above the 200 DMA while both moving averages are trending to the upside. The AC indicates an increase in upward momentum and the RSI is trading in neutral territory following the reversal from oversold conditions which is likely to continue its uptrend.
GBP/JPY
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading near its ascending support level. The GBP/JPY is expected to accelerate back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the GBP/JPY currency pair on dips below 194.400 on the H1 Hourly Chart. The upside potential for this binary call option is 85 pips to 195.250 while the downside potential is 40 pips to 194.000. This results in a risk/reward ratio of 2.13.

USD/CHF – The USD/CHF is trying to stabilize inside of its horizontal support level after a corrective phase emerged from its intra-day high of 0.9798 which was reached on August 17th 2015. The 50 DMA started to move to the downside as its trades below the descending 200 DMA. The AC has confirmed the increase in positive momentum for this currency pair. The RSI is trading in extreme oversold conditions from where a breakout is expected to further increase upward pressure.
USD/CHF Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level from where downward momentum is fading. The USD/CHF is anticipated to recover from its corrective phase in a counter-trend move. Binary option traders are advised to seek binary call options in the USD/CHF currency pair on dips below 0.9670 on the H1 Hourly Chart. The upside potential for this binary call option is 125 pips to 0.9795 while the downside potential is 30 pips to 0.9640. This results in a risk/reward ratio of 4.17.

Today’s Commodity Trade

GoldGold has spiked to the upside from its intra-day low of 1,109.66 which was recorded on August 18th 2015. The 50 DMA is trading well above the 200 DMA and both moving averages are advancing. The AC has formed a negative divergence and indicates a potential exhaustion in the price spike. The RSI is trading in extreme overbought territory which is not sustainable and a breakdown is likely to follow. Today’s best options trading advice favors binary put options in this commodity.
Gold Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its newly formed horizontal resistance level. Gold is expected to face a corrective phase from current levels. Binary option traders are advised to seek binary put options in Gold on rallies above 1,132.00 on the H1 Hourly Chart. The downside potential for this binary put option is 2,200 pips to 1,110.00 while the upside potential is 1,070 pips to 1,142.70. This results in a risk/reward ratio of 2.06.

Today’s Equity Index Recommendation

FTSE 100 – The FTSE 100 has traded lower as a corrective phase emerged from its intra-day high of 6,763.50 which was reached on August 10th 2015. The 50 DMA continues to move to the downside below the 200 DMA which is trending sideways with a negative bias. The AC has formed a positive divergence which suggests a potential reversal in price action as the RSI is trading near extreme oversold conditions pending a breakout.
FTSE 100 Index Chart
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its newly formed horizontal support level. The FTSE 100 is anticipated to advance into its 50 DMA from where a breakout is likely to push this equity index back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the FTSE 100 equity index on dips below 6,420.00 on the H1 Hourly Chart. The upside potential for this binary call option is 34,000 pips to 6,760.00 while the downside potential is 12,000 pips to 6,300.00. This results in a risk/reward ratio of 2.83.

Key Fundamental Data:

Japan – Bond holders in Japan purchased ¥600.3 billion worth of foreign bonds in the week ending August 14th 2015 while equity investors bought ¥189.2 billion worth of foreign stocks. This followed the purchase of ¥110.8 billion and sale of ¥14.4 billion reported for the week ending August 7th 2015 respectively.
Switzerland – Expectations for the Swiss trade surplus call for a figure of CHF3.00 billion for July. This would follow the trade surplus of CHF3.51 billion which was reported in June.
United Kingdom – Retail sales for July are expected to increase by 0.4% month-over-month and 4.3% year-over-year. This would mark a turnaround from the contraction of 0.2% which was reported in June month-over-month and a minor improvement over the 4.2% increase year-over-year. Retail sales including automotive and gasoline sales are also expected to increase by 0.4% month-over-month while the year-over-year growth rate is anticipated to come in at 4.4%. This would represent an increase over the 0.2% contraction and 4.0% increase reported in June respectively.
United Kingdom – Expectations for CBI Trends Total Orders for August are for a level of -10 which would match the -10 reported in July.
United States – Initial jobless claims for the week ending August 15th 2015 are expected to come in at 272,000 while continuing claims for the week ending August 8th 2015 are likely to be reported at 2,265,000. This would follow the previous report which showed initial jobless claims at 274,000 and continuing claims at 2,273,000.
United States – Economists expect existing home sales to post a contraction of 1.2% in July month-over-month to 5.43 million units. This would mark a reversal from June where existing home sales rose by 3.2% to 5.49 million units.
United States – Leading indicators are anticipated to increase by 0.2% in July after rising by 0.6% in June. This would be in-line with the economic slowdown evident in other economic reports.
United States – Expectations for the Philadelphia Federal Reserve Index for August are for an increase to 7.0 from July’s figure of 5.7.

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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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