+1 (866)-882-6854
+ 44 203-807-1675
Chat
20:56:53 GMT
Black & White

BINARY OPTIONS INSIGHTS FOR SEPTEMBER 29TH 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
X
We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
September 29th, 2015 8:15am GMT, London UK

Market Recap & Outlook:

Japan released its final revision for the July Leading Economic Index and the Coincident Index. The Leading Economic Index was revised upwards by 0.1 point to 105.0 from June’s level of 104.9 and the Coincident Index was revised higher by 0.9 points to 113.1 from the 112.2 which was reported during the previous month. Economists predicted no change from the initially reported data and the Japanese Yen was able to advance slightly after the release of the revised report during a thin trading session.

Pending home sales in the United States unexpectedly plunged by 1.4% in August month-over-month and rose by a less than expected 6.7% year-over-year. Economists anticipated an increase of 0.4% and 8.1% respectively. Yesterday’s disappointment followed July’s increase of 0.5% month-over-month and 7.2% year-over-year. A simple binary options trading strategy can greatly increase consistent profitably from different asset classes available inside a live trading account.

Eurozone Economic Confidence for September is expected to come in at 104.1, down 0.3 points from August’s level of 104.4. Industrial Confidence is called down to a level of -3.8 and consumer confidence is anticipated to come in at -7.1. This would follow August’s level of -3.7 and -7.1 respectively. Services confidence is favored to decrease by 0.2 points to a level of 10.0 in September and the Eurozone Business Climate Indicator is anticipated to remain unchanged at 0.21.

Today’s Binary Option Trading Recommendations Overview:

NZD/USD – Binary Call Option
USD/JPY – Binary Call Option
EUR/GBP – Binary Put Option
Crude Oil – Binary Call Option
EuroStoxx 50 – Binary Call Option

Currency Pairs on today’s Radar Screen:

NZD/USD – The NZD/USD is advancing inside of its bullish price channel which emerged following the breakout above its horizontal support level. The descending 50 Day Moving Average (DMA) crossed above the 200 DMA which is trending sideways with a negative bias. The Accelerator Oscillator (AC) started to recover from its low while the Relative Strength Index (RSI) is trading in extreme oversold territory after briefly spiking into overbought conditions.
NZD/USD Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its bullish price channel. The NZD/USD is expected to continue its move to the upside until it can challenge its horizontal resistance level. Binary option traders are advised to seek binary call options in the NZD/USD currency pair on dips below 0.6320 on the H1 Hourly Chart. The upside potential for this binary call option is 135 pips to 0.6455 while the downside potential is 65 pips to 0.6255. This results in a risk/reward ratio of 2.08.

USD/JPY – The USD/JPY is nearing the end of its corrective phase which emerged from its intra-day high of 121.231 recorded on September 25h 2015. The 50 DMA is moving lower and advanced above the descending 200 DMA. The AC supports a price action reversal in this currency pair. The RSI is trading in oversold conditions as a result of its breakdown from extreme overbought territory; a breakout into neutral levels is favored.
USD/JPY Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading just above of its ascending support level. The USD/JPY is anticipated to reverse back into its horizontal resistance level. Binary options traders are advised to seek binary call options in the USD/JPY currency pair on dips below 119.900 on the H1 Hourly Chart. The upside potential for this binary call option is 130 pips to 121.200 while the downside potential is 55 pips to 119.350. This results in a risk/reward ratio of 2.36.

EUR/GBP – The EUR/GBP is testing the validity of its horizontal resistance level which is expected to prevent a breakout. The 50 DMA is drifting to the upside and continues to trade above the 200 DMA which is advancing as well. The AC indicates the loss in positive momentum with the formation of a negative divergence and the RSI is trading in extreme overbought territory following the move higher from oversold conditions which has additionally increase downside pressure; a breakdown is anticipated.
EUR/GBP Currency Pair Binary Options
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading inside of its horizontal resistance level. The EUR/GBP is expected to drift down into its 200 DMA from where a breakdown is favored. Binary option traders are advised to seek binary put options in the EUR/GBP currency pair on rallies above 0.7400 on the H1 Hourly Chart. The downside potential for this binary put option is 200 pips to 0.7200 while the upside potential is 80 pips to 0.7480. This results in a risk/reward ratio of 2.50.

Today’s Commodity Trade

Crude OilCrude Oil was faced with a momentum change from negative to positive after breaking out above its horizontal support level. The sideways trending 50 DMA remains below the 200 DMA which is moving sideways with a negative bias. The AC points towards a counter-trend move to the upside. The RSI is trading in oversold conditions after retreating from extreme overbought territory. Binary options world markets analysis indicates an increase in call options.
Crude Oil
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. Crude Oil is anticipated to advance into its 200 DMA from where a breakout will clear the path for more upside potential. Binary option traders are advised to seek binary call options in Crude Oil on dips below 44.60 on the H1 Hourly Chart. The upside potential for this binary call option is 310 pips to 47.70 while the downside potential is 90 pips to 43.70. This results in a risk/reward ratio of 3.44.

Today’s Equity Index Recommendation

EuroStoxx 50 – The EuroStoxx 50 has stabilized inside of its horizontal support level. The 50 DMA is descending and maintains it position below the 200 DMA which is moving to the downside as well. The AC favors more upside potential in this currency pair as the RSI is trading in oversold territory as a result of its accelerated move lower from overbought conditions. A breakout into neutral levels is favored to provide a boost to positive momentum.
EuroStoxx 50
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its horizontal support level. The EuroStoxx 50 is expected to push above its 200 DMA from where an advance into its horizontal resistance level is likely to emerge. Binary option traders are advised to seek binary call options in the EuroStoxx 50 equity index on dips below 3,040.0 on the H1 Hourly Chart. The upside potential for this binary call option is 28,500 pips to 3,325.0 while the downside potential is 9,000 pips to 2,950.0. This results in a risk/reward ratio of 3.17.

Key Fundamental Data:

Eurozone – The German Import Price Index for August is expected to post a contraction of 1.5% month-over-month and 3.1% year-over-year. This would represent an increase in deflationary pressures as compared to July’s contraction of 0.7% and 1.7% respectively.
Japan – Expectations for Japanese Small Business Confidence call for a level of 48.5 in September after being reported at 48.8 in August.
Eurozone – Economists anticipate the preliminary Spanish consumer price index (CPI) to contract by 0.2% in September month-over-month and 0.5% year-over-year. This would mark an improvement over August’s contraction of 0.3% month-over-month, but an increase over the 0.4% contraction reported year-over-year. The EU Harmonized CPI is expected to show a contraction of 0.3% month-over-month and 0.6% year-over-year following August’s contraction of 0.4% and 0.5% respectively.
Eurozone – Spanish retail sales are favored to post a contraction of 0.1% in August month-over-month, but to show an increase of 3.00% year-over-year. This would represent a slowdown over July’s data which showed an increase of 1.3% month-over-month and 4.1% year-over-year.
Eurozone – Austrian consumer confidence is expected to improve to a level of -19.9 in September from August’s level of -21.0. The Bank of Austria Manufacturing PMI for September is set to remain unchanged from August’s level of 50.5.
Eurozone – Economists expect Portuguese business confidence to rise to 1.49 in September following August’s level of 1.40 while consumer confidence is set to inch up to a level of -18.00 from the previously reported -18.1.
United Kingdom – Net consumer credit for August is anticipated to come in at £1.2 billion while net lending securities on dwellings is anticipated at £2.9 billion. This would follow July’s level of £1.2 billion and £2.7 billion respectively.
United Kingdom – Expectations for mortgage approvals call for 69,800 approved mortgages in August which would mark an increase over July’s 68,800 approved mortgages.
Eurozone – Economists anticipate Austrian business confidence to improve to a level of -5.4 in September over August’s level of -6.2.
Eurozone – The preliminary German CPI is set to post a contraction of 0.1% in September month-over-month, but an increase of 0.1% year-over-year after August’s level of 0.0% and increase of 0.2%.
United States – The S&P/Case-Shiller Composite 20 Index for July is expected to increase by 0.1% month-over-month and 5.2% year-over-year. This would follow June’s contraction of 0.1% and increase of 5.0% respectively.
United States – Consumer confidence is favored to show a drop down to 96.0 in September from August’s level of 101.5.

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