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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 7TH 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
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By: Adam Stone
September 7th, 2015 6:35am GMT, London UK

Market Recap & Outlook:

Factory orders in Germany contracted by 1.4% in July month-over-month and 0.6% year-over-year. Economists expected a contraction of 0.6% month-over-month, but an increase of 0.4% year-over-year. The bright spot in the report was the upward revision to June which now shows an increase of 1.8% and 7.0% respectively. Germany is the largest economy in the Eurozone and heavily dependent on exports to China; the drop in factory orders reflects the overall slowdown in the global economy.

Japan will release its preliminary Coincident Index as well as Leading Index for the month of July. Economists expect the Coincident Index to decrease to 112.2 from June’s level of 112.3 while the Leading Index is anticipated to decrease to 104.9 from the previous month’s level of 106.5. Should expectations for a decrease be met, the Japanese Yen is likely to experience an increase in volatility especially given the lack of other economic news which could counter the disappointment.

The biggest market moving event on the fundamental side during today’s trading session will be delivered out of the Eurozone which will release its forward looking Eurozone Sentix Investor Confidence Index for the month of September. Expectations call for a level of 16.0 which would represent a slowdown over August’s level of 18.4. New traders should review lessons on how to trade binary options online which will enable them to profit from market movements.

Today’s Binary Option Trading Recommendations Overview:

NZD/USD – Binary Call Option
GBP/JPY – Binary Call Option
EUR/GBP – Binary Put Option
Crude Oil – Binary Put Option
DAX 30 – Binary Call Option

Currency Pairs on today’s Radar Screen:

NZD/USD – The NZD/USD is validating its newly formed horizontal support level. The 50 Day Moving Average (DMA) as well as the 200 DMA continue to move to the downside. The Accelerator Oscillator (AC) has recovered from its low and indicates a build-up in positive momentum in this currency pair. The Relative Strength Index (RSI) is trading in oversold territory following its advance from extreme oversold conditions.
NZD/USD Binary Options
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading inside of its horizontal support level with an increase in upward momentum. The NZD/USD is expected to advance into 200 DMA from where a breakout is likely. Binary option traders are advised to seek binary call options in the NZD/USD currency pair on dips below 0.6300 on the H1 Hourly Chart. The upside potential for this binary call option is 210 pips to 0.6510 while the downside potential is 100 pips to 0.6200. This results in a risk/reward ratio of 2.10.

GBP/JPY – The GBP/JPY is trying to stabilize inside of its horizontal support level which is located near the key psychological level of 180.000. The 50 DMA is drifting to the downside and continues to trade below the descending 200 DMA. The AC shows the formation of a positive divergence which supports a trend reversal as the RSI is trading in neutral conditions as a result of the breakout above extreme oversold territory.
GBP/JPY Trading
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading inside of its horizontal support level. The GBP/JPY is anticipated to push above its descending 200 DMA from where the path is clear to its horizontal resistance level. Binary options traders are advised to seek binary call options in the GBP/JPY currency pair on dips below 181.200 on the H1 Hourly Chart. The upside potential for this binary call option is 680 pips to 188.000 while the downside potential is 295 pips to 178.250. This results in a risk/reward ratio of 2.31.

EUR/GBP – The EUR/GBP has bounced into its descending resistance level which emerged from its intra-day high of 0.7395 recorded on September 1st 2015. The 50 DMA remains above the 200 DMA, but the close proximity of the two moving averages has increased the likelihood of false crossovers. The AC is retreating from its high while the RSI is trading in neutral territory after the advance following a brief dip into extreme oversold conditions.
EUR/GBP Binary Options Trading
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its descending resistance level. The EUR/GBP is expected to reverse back down into its horizontal support level. Binary option traders are advised to seek binary put options in the EUR/GBP currency pair on rallies above 0.7330 on the H1 Hourly Chart. The downside potential for this binary put option is 85 pips to 0.7245 while the upside potential is 45 pips to 0.7375. This results in a risk/reward ratio of 1.89.

Today’s Commodity Trade

Crude OilCrude Oil is trapped between its ascending support level and its horizontal resistance level with a build-up in downward pressure. The sideways trending 50 DMA maintains its position above the ascending 200 DMA. The AC indicates an increase in downward pressure in this commodity. The RSI is trading in neutral conditions following its move to the downside from extreme overbought territory; this resulted in an increase in downward pressure.
Crude Oil Commodity Chart
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading near its ascending support level. Crude Oil is anticipated to breakdown from current levels until it will reach its horizontal support level. Binary option traders are advised to seek binary put options in Crude Oil on rallies above 45.50 on the H1 Hourly Chart. The downside potential for this binary put option is 700 pips to 38.50 while the upside potential is 380 pips to 49.30. This results in a risk/reward ratio of 1.90.

Today’s Equity Index Recommendation

DAX 30 – The DAX 30 has been exposed to a sideways trend following its breakout above its horizontal support level. The 50 DMA continues to trade below the 200 DMA as both moving averages are descending. The AC supports a move higher and the RSI is trading in oversold territory as a result of the breakdown from extreme overbought conditions. The financial benefits to trade binary options online should not be ignored.
DAX 30
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading below of its 200 DMA. The DAX 30 is expected to accelerate to the upside from its ascending support level in order to challenge its horizontal resistance level. Binary option traders are advised to seek binary call options in the DAX 30 equity index on dips below 10,050.00 on the H1 Hourly Chart. The upside potential for this binary call option is 93,000 pips to 10,980.00 while the downside potential is 46,000 pips to 9,590.00. This results in a risk/reward ratio of 2.02.

Key Fundamental Data:

Japan – Foreign Exchange Reserves for August were reported at $1,244.2 billion. This followed the level of $1,242.3 billion which was reported in July.
Japan – The Leading Index is expected to come in at 104.9 and the Coincident Index is anticipated to be reported at 112.2 for August. This would represent a slowdown from July’s level of 106.5 and 112.3 respectively.
Eurozone – Economists expect the Balance of Trade in Finland to decrease to €10.1 million in July from June’s level of €265 million.
Eurozone – Expectations for industrial production out of Germany call for a level of 1.1% in July month-over-month and an increase of 0.3% year-over-year. This would follow June’s contraction of 1.4% and increase of 0.6% respectively.
Eurozone – The Sentix Investor Confidence Index is expected to come in at 16.5 for the month of September which would mark a decrease from the 18.4 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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