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BINARY OPTIONS INSIGHTS FOR AUGUST 27TH 2015

BitCoin/CNY 6263.480 23:00 17.01
NZD/JPY 81.341 23:00 17.01
AUD/USD 0.75578 23:00 17.01
AUD/JPY 85.251 23:00 17.01
EUR/JPY 120.804 23:00 17.01
USD/JPY 112.794 23:00 17.01
EUR/USD 1.07108 23:00 17.01
AUD/NZD 1.04809 23:00 17.01
NZD/USD 0.72115 23:00 17.01
CAD/JPY 86.467 23:00 17.01
GBP/JPY 139.897 23:00 17.01
BitCoin/CNY 6264.060 22:30 17.01
NZD/JPY 81.294 22:30 17.01
AUD/USD 0.75594 22:30 17.01
AUD/JPY 85.194 22:30 17.01
EUR/JPY 120.721 22:30 17.01
EUR/USD 1.07112 22:30 17.01
USD/JPY 112.707 22:30 17.01
BitCoin/CNY 6191.350 22:00 17.01
AUD/NZD 1.04843 22:00 17.01
NZD/USD 0.72165 22:00 17.01
CAD/JPY 86.347 22:00 17.01
NZD/JPY 81.262 22:00 17.01
AUD/USD 0.75675 22:00 17.01
AUD/JPY 85.208 22:00 17.01
GBP/JPY 139.822 22:00 17.01
EUR/JPY 120.657 22:00 17.01
USD/JPY 112.621 22:00 17.01
EUR/USD 1.07137 22:00 17.01
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By: Adam Stone
August 27th, 2015 5:22am GMT, London UK

Market Recap & Outlook:

Durable goods orders in the United States posted an unexpected increase of 2.0% in July while June’s level was revised higher to reflect an increase of 4.3%. Economists expected a contraction of 0.4%. Durable goods orders excluding transportation rose by 0.6%, beating expectations for an increase of only 0.3% and June was revised up to 1.0%. Capital goods orders non-defense excluding aircraft surged by 2.0% and shipment rose by 0.6%. This came in above expectations for an increase of 0.3% and 0.4% respectively. June’s data was revised higher and now reflects an increase of 1.4% and 0.9%.

Crude oil prices were unable to extend gains during yesterday’s trading session despite the Energy Information Agency (EIA) report on inventories. Crude oil inventories for the week ending August 21st 2015 decreased by 5,425,000 barrels. Expectations called for a build-up of 1,450,000 barrels after the previous increase in the stockpile of 2,620,000 barrels. Gasoline inventories rose by 1,660,000 barrels while distillate inventories rose by 1,436,000 barrels. This followed the drawdown of 2,708,000 barrels and the build-up of 594,000 barrels reported in the week ending August 21st 2015. Economist anticipated a contraction of 950,000 barrels and an increase of 1,020,000 barrels respectively.

The British Pound has been exposed to a steep corrective phase, but today’s housing data could provide the fundamental catalyst for a counter-trend move. Expectations call for an increase of 0.4% in August month-over-month and 3.1% year-over-year. This report could deliver a positive surprise which would suffice to pressure the British currency to the upside and create a profitable trading opportunity, but a binary options deposit is required for new traders who have not done so yet.

Today’s Binary Option Trading Recommendations Overview:

EUR/JPY – Binary Call Option
GBP/USD – Binary Call Option
USD/CAD – Binary Put Option
Platinum – Binary Call Option
EuroStoxx 50 – Binary Call Option

Currency Pairs on today’s Radar Screen:

EUR/JPY – The EUR/JPY has formed a new horizontal support level from where further downside potential remains limited. The descending 50 Day Moving Average (DMA) did cross below the 200 DMA which is moving to the downside as well. The Accelerator Oscillator (AC) has formed a positive divergence supporting a counter-trend reversal in this currency pair while the Relative Strength Index (RSI) is trading in neutral territory following its breakout from extreme oversold conditions.
EUR/JPY Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. The EUR/JPY is expected to drift into its descending resistance level from where more upside is likely. Binary option traders are advised to seek binary call options in the EUR/JPY currency pair on dips below 136.300 on the H1 Hourly Chart. The upside potential for this binary call option is 265 pips to 138.950 while the downside potential is 130 pips to 135.000. This results in a risk/reward ratio of 2.04.

GBP/USD – The GBP/USD is trying to stabilize inside of its horizontal support level in order to attempt an advance and force a change in momentum to positive. The 50 DMA has retraced from its peak and crossed below the 200 DMA which is trending sideways with a negative bias. The AC has formed a double bottom from where momentum spike higher and the RSI is trading in extreme oversold conditions from where a breakout is likely to result in a further increase in positive momentum.
GBP/USD Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its newly formed horizontal support level. The GBP/USD is anticipated to accumulate enough momentum in order to accelerate past its 200 DMA into its horizontal resistance level. Binary option traders are advised to seek binary call options in the GBP/USD currency pair on dips below 1.5520 on the H1 Hourly Chart. The upside potential for this binary call option is 295 pips to 1.5815 while the downside potential is 120 pips to 1.5400. This results in a risk/reward ratio of 2.46.

USD/CAD – The USD/CAD has lost its upward momentum after two failed breakout attempts above its horizontal resistance level. The 50 DMA has recorded its peak which resulted in a sideways trend and remains above the ascending 200 DMA. The AC confirms the decrease of positive momentum which leaves this currency pair vulnerable for a corrective move. The RSI formed a negative divergence and is trading in neutral territory after a gradual retreat from extreme overbought conditions.
USD/CAD
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading below of its horizontal resistance level with an increase in downward momentum. The USD/CAD is expected to enter a corrective phase from current levels. Binary option traders are advised to seek binary put options in the USD/CAD on rallies above 1.3260 on the H1 Hourly Chart. The downside potential for this binary put option is 235 pips to 1.3025 while the upside potential is 90 pips to 1.3350. This results in a risk/reward ratio of 2.61.

Today’s Commodity Trade

PlatinumPlatinum was able to halt its move lower and has now spiked above of its horizontal support level. The 50 DMA is flattening out, but trades below the 200 DMA which is trending sideways. The AC indicates a build-up in positive momentum as the RSI is trading in overbought conditions as a result from its breakout above extreme oversold territory and expected to continue its advance. Successful options trading tips favor call options in this commodity.
Platinum
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading below of its 200 DMA. Platinum is anticipated to breakout above its 200 DMA and continue its advance back into its horizontal resistance level. Binary option traders are advised to seek binary call options in Platinum on dips below 995.0 on the H1 Hourly Chart. The upside potential for this binary call option is 4,100 pips to 1,036.0 while the downside potential is 1,350 pips to 981.5. This results in a risk/reward ratio of 3.04.

Today’s Equity Index Recommendation

EuroStoxx 50 – The EuroStoxx 50 has forced a change in momentum from negative to positive following its breakout above its horizontal support level. The 50 DMA as well as the 200 DMA continue to accelerate to the downside. The AC has confirmed the advance and points towards a continuation of the move to the upside. The RSI is trading in neutral territory after successfully accelerating higher following a dip into extreme oversold conditions.
EuroStoxx 50
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading near its 50 DMA. The EuroStoxx 50 is expected to breakout above this level from where this equity index can accelerate back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the EuroStoxx 50 equity index on dips below 3,200.0 on the H1 Hourly Chart. The upside potential for this binary call option is 47,500 pips to 3,675.0 while the downside potential is 25,000 pips to 2,950.0. This results in a risk/reward ratio of 1.90.

Key Fundamental Data:

Japan – Japanese bond holders have sold ¥273.8 billion worth of foreign bonds in the week ending August 21st 2015 while Japanese equity traders bought ¥258.1 billion worth of foreign equities. This followed the purchase of ¥591.5 billion worth of foreign bonds and ¥189.2 billion worth of foreign equities for the week ending August 14th 2015.
United Kingdom – Economists expect an increase of 0.4% in the Nationwide House Price Index for August month-over-month and an increase of 3.1% year-over-year. This would match the 0.4% month-over-month increase reported in July, but represent a slowdown as compared to the 3.5% increase reported year-over-year.
Eurozone – The German Import Price Index (IPI) is anticipated to post a contraction of 0.3% in July month-over-month and 1.4% year-over-year. This would follow the contraction of 0.5% and 1.4% which was reported in June respectively.
United States – The second-quarter gross domestic product (GDP) is expected to be revised upward to show a growth rate of 3.2% against the initially reported growth rate of 2.3%. Expectations for second-quarter personal consumption call for an increase to 3.1% from the previously reported increase of 2.9% while core personal consumption is expected to remain unchanged at 1.8%. The GDP product price index (PPI) is also expected to remain unchanged at 2.0%.
United States – Economists expect pending home sales to increase by 1.0% in July month-over-month and 8.4% year-over-year. This would mark an increase as compared to June’s contraction of 1.8% month-over-month and a slowdown as compared to the 11.1% increase year-over-year.

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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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