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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 30TH 2015

BitCoin/CNY 6273.870 21:00 24.01
WELLS FARGO 54.700 21:00 24.01
USD/CHF 1.00085 21:00 24.01
TOYOTA (US) 117.620 21:00 24.01
SONY 30.485 21:00 24.01
SILVER 17.118 21:00 24.01
GOLD 1209.957 21:00 24.01
COLGATE-PALMOLIVE 68.265 21:00 24.01
FIAT CHRYSLER 10.89 21:00 24.01
LOCKHEED MARTIN 252.895 21:00 24.01
FERRARI 62.695 21:00 24.01
TSX 60 924.440 21:00 24.01
AUD/NZD 1.04665 21:00 24.01
ALIBABA 101.450 21:00 24.01
BOEING 160.540 21:00 24.01
NZD/USD 0.72463 21:00 24.01
BANK OF AMERICA 22.945 21:00 24.01
PFIZER 31.155 21:00 24.01
CAD/JPY 86.432 21:00 24.01
NZD/JPY 82.435 21:00 24.01
AUD/USD 0.75845 21:00 24.01
AUD/JPY 86.280 21:00 24.01
GBP/JPY 142.263 21:00 24.01
GENERAL ELECTRIC 29.990 21:00 24.01
S&P 500 2280.120 21:00 24.01
JP MORGAN CHASE 84.715 21:00 24.01
GOLD/EUR 1127.335 21:00 24.01
USD/JPY 113.763 21:00 24.01
EUR/JPY 122.101 21:00 24.01
CITIGROUP VS JP MORGAN CHASE 0.67015 21:00 24.01
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By: Adam Stone
September 30th, 2015 8:25am GMT, London UK

Market Recap & Outlook:

The Canadian Industrial Product Price Index for August posted a contraction of 0.3% month-over-month and the Raw Materials Price Index plunged by 6.6%. This was better than economists’ expectations for a contraction of 0.5% and 7.5% respectively and followed July’s increase of 0.7% and upward revised contraction 6.0%. Investing with binary options is a step in the right direction and offers an excellent opportunity to diversify a trading portfolio.

The housing sector in the United States performed worse than expected in July as measured by the S&P/Case-Shiller Composite 20 Index which posted an unexpected contraction of 0.20% month-over-month and a smaller than expected increase of 4.96% year-over-year. This followed the upward revised contraction of 0.19% and downward revised increase of 4.90% which was reported in June. Economists anticipated an increase of 0.10% month-over-month and 5.15% year-over-year.

The Canadian Dollar is likely to be exposed to an increase in volatility on the back of higher volume after the release of the gross domestic product (GDP) for July. Expectations call for an increase of 0.2% month-over-month and 0.7% year-over-year. This would represent a slowdown as compared to June’s increase of 0.5%, but a minor expansion over the year-over-year growth rate of 0.6%. The Canadian economy is heavily dependent on commodity exports, especially crude oil, which saw prices collapse over the summer months.

Today’s Binary Option Trading Recommendations Overview:

GBP/USD – Binary Call Option
EUR/CHF – Binary Put Option
USD/CAD – Binary Put Option
Platinum – Binary Call Option
NASDAQ 100 – Binary Call Option

Currency Pairs on today’s Radar Screen:

GBP/USD – The GBP/USD started to trend sideways inside of its horizontal support level which has prevented a breakdown from materializing. The 50 Day Moving Average (DMA) is drifting lower and continues to trade below the descending 200 DMA. The Accelerator Oscillator (AC) has formed a positive divergence and the Relative Strength Index (RSI) is trading in neutral conditions following a brief dip into oversold territory.
GBP/USD Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The GBP/USD is expected to advance into its 200 DMA from where a breakout is favored. Binary option traders are advised to seek binary call options in the GBP/USD currency pair on dips below 1.5170 on the H1 Hourly Chart. The upside potential for this binary call option is 485 pips to 1.5655 while the downside potential is 170 pips to 1.5000. This results in a risk/reward ratio of 2.85.

EUR/CHF – The EUR/CHF is trapped between its ascending support level and its horizontal resistance level. The 50 DMA maintains its position above the 200 DMA as both moving averages are trending to the downside. The AC started to reverse from its recent peak as negative momentum is on the rise. The RSI is trading in neutral territory after bouncing higher from oversold conditions; a breakdown into extreme oversold levels is favored.
EUR/CHF Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its horizontal resistance level. The EUR/CHF is anticipated to break down below its ascending support level from where this currency pair can accelerate to the downside. Binary option traders are advised to seek binary put options in the EUR/CHF currency pair on rallies above 1.0910 on the H1 Hourly Chart. The downside potential for this binary put option is 90 pips to 1.0820 while the upside potential is 40 pips to 1.0950. This results in a risk/reward ratio of 2.25.

USD/CAD – The USD/CAD is challenging its newly formed horizontal resistance level which is anticipated to prevent further upside. The ascending 50 DMA continues to trade above the 200 DMA which is advancing as well. The AC shows the formation of a negative divergence favoring a counter-trend move in this currency pair. The RSI is trading in neutral conditions as a result of its breakdown from extreme overbought territory.
USD/CAD Binary Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading inside of its horizontal resistance level with an increase in negative momentum. The USD/CAD is expected to enter a corrective phase from current levels. Binary options traders are advised to seek binary put options in the USD/CAD currency pair on rallies above 1.3400 on the H1 Hourly Chart. The downside potential for this binary put option is 385 pips to 1.3015 while the upside potential is 155 pips to 1.3555. This results in a risk/reward ratio of 2.48.

Today’s Commodity Trade

PlatinumPlatinum successfully completed a breakout above its horizontal support level which resulted in a momentum reversal to positive. The 50 DMA is descending and has widened the gap to the 200 DMA which is moving lower as well. The AC indicates the build-up in upside momentum in this commodity as the RSI is trading in neutral territory following the breakout above extreme oversold conditions while upside momentum spiked.
Platinum
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its horizontal support level. Platinum is anticipated to continue the advance until it will reach its horizontal resistance level. Binary option traders are advised to seek binary call options in Platinum on dips below 918.0 on the H1 Hourly Chart. The upside potential for this binary call option is 7,100 pips to 989.0 while the downside potential is 1,800 pips to 900.0. This results in a risk/reward ratio of 3.94.

Today’s Equity Index Recommendation

NASDAQ 100 – The NASDAQ 100 has dropped down into its horizontal support level from where downside pressure is being depleted. The 50 DMA remains below the 200 DMA as both moving averages are descending. The AC has formed a positive divergence while the RSI is trading in neutral conditions after advancing from extreme oversold territory. A binary options account is required in order to profit from trading opportunities presented on a daily basis.
NASDAQ 100
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The NASDAQ 100 is expected to reverse back into its horizontal resistance level. Binary option traders are advised to seek binary call options in the NASDAQ 100 equity index on dips below 4,120.00 on the H1 Hourly Chart. The upside potential for this binary call option is 27,000 pips to 4,390.00 while the downside potential is 12,000 pips to 4,100.00. This results in a risk/reward ratio of 2.25.

Key Fundamental Data:

United Kingdom – The GfK Consumer Confidence Survey for the month of September came in at a level of 3 following August’s level of 7. Economists expected a slowdown to a level of 5.
Switzerland – The UBS Consumption Indicator for August is anticipated to decrease to 1.61 from July’s level of 1.64.
Eurozone – Expectations for retail sales in Germany call for an increase of 0.2% in August month-over-month and 3.3% year-over-year. This would mark a slowdown over July’s increase of 1.6% month-over-month, but match the increase of 3.3% which was reported year-over-year.
United Kingdom – Nationwide House Prices in the United Kingdom are anticipated to show an increase of 0.4% in September month-over-month and 3.8% year-over-year. This would follow August’s increase of 0.3% and 3.2% respectively.
Switzerland – Economists expect the KOF Leading Indicator to rise by 0.3 points in September to 101.0 from August’s level of 100.7.
Eurozone – The German unemployment change for September is expected to post a contraction of 5,000 while the unemployment rate is anticipated at 6.4%. This would follow August’s data which showed a contraction of 7,000 and an unemployment rate of 6.4%.
United Kingdom – Expectations for the second-quarter current account call for a deficit of £22.0 billion quarter-over-quarter. This would represent an improvement over the first-quarter deficit of £26.5 billion.
United Kingdom – The final revision to the second-quarter gross domestic product (GDP) is favored to confirm the previously reported growth rate of 0.7% quarter-over-quarter and 2.6% year-over-year.
Eurozone – Expectations for the consumer price index (CPI) call for a level of 0.0% in September year-over-year while the core CPI is anticipated to increase by 0.9%. This would follow August’s increase of 0.1% and 0.9%.
United States – The ADP report is expected to show the addition of 190,000 private sector jobs for September which would match the 190,000 reported for August.
Canada – Economists anticipate the Canadian GDP to have risen by 0.2% in July month-over-month and 0.7% year-over-year. This would follow June’s increase of 0.5% and 0.6% respectively.
United States – The Chicago Purchasing Managers Index for September is expected to decrease to 53.0 from August’s level of 54.4.
United States – Expectations for the NAPM-Milwaukee Index for September call for an increase to 48.50 over the 47.67 which was 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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