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BINARY OPTIONS INSIGHTS FOR SEPTEMBER 8TH 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 8th, 2015 8:25am GMT, London UK

Market Recap & Outlook:

The preliminary Leading Index out of Japan for the month of July decreased to 104.9 which matched economists’ expectations and followed the level of 106.5 reported in June. The preliminary Coincident Index also matched expectations for a decrease to 112.2 in July from June’s level of 112.3. The Japanese Yen drifted lower as a result of the slowdown which caused momentum to change in the near term from upside to downside.

Data on German industrial production came in mixed for the month of July. Industrial production rose by 0.7% month-over-month, missing expectations for an increase of 1.1%, while the year-over-year figure beat expectations for an increase of only 0.3% and rose by 0.5%. June’s data was revised higher to show a month-over-month contraction of 0.9% and a year-over-year increase of 0.9%. The Euro was able to advance as a result of the better than expected annualized increase.

Today’s preliminary Eurozone gross domestic product (GDP) data for the second-quarter is anticipated to increase volatility as well as volume in the Euro. Expectations call for an increase of 0.3% quarter-over-quarter and 1.2% year-over-year which would match the previous release, but individual components are set for downward revisions. The binary option market suggests a stronger Euro after the release of the GDP report.

Today’s Binary Option Trading Recommendations Overview:

EUR/JPY – Binary Call Option
EUR/USD – Binary Call Option
USD/CHF – Binary Put Option
Silver – Binary Put Option
Nikkei 225 – Binary Call Option

Currency Pairs on today’s Radar Screen:

EUR/JPY – The EUR/JPY was able to drift higher after recording its intra-day low of 132.225 on September 4th 2015. The descending 50 Day Moving Average (DMA) continues to trade below the 200 DMA which is moving lower as well. The Accelerator Oscillator (AC) supports a move to the upside as the Relative Strength Index (RSI) is trading in neutral conditions after reversing from extreme oversold territory.
EUR/JPY Binary Options
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading near the top of its horizontal support level. The EUR/JPY is expected to accelerate to the upside from current levels. Binary option traders are advised to seek binary call options in the EUR/JPY currency pair on dips below 133.250 on the H1 Hourly Chart. The upside potential for this binary call option is 335 pips to 136.600 while the downside potential is 100 pips to 132.250. This results in a risk/reward ratio of 3.35.

EUR/USD – The EUR/USD has been exposed to a positive momentum shift as a result of the breakout above its horizontal support level. The 50 DMA has started to move to the upside, but remains below the descending 200 DMA. The AC indicates an increase in upward momentum in this currency pair. The RSI is trading in neutral territory following the advance from extreme oversold conditions which additionally increased upside pressure.
EUR/USD Binary Options Insights
Today’s Binary Options Trading Strategy: Call Option
Price action is currently trading above of its horizontal support level as well as above its 50 DMA. The EUR/USD is anticipated to drift into its 200 DMA from where more upside is expected. Binary option traders are advised to seek binary call options in the EUR/USD currency pair on dips below 1.1180 on the H1 Hourly Chart. The upside potential for this binary call option is 180 pips to 1.1360 while the downside potential is 90 pips to 1.1090. This results in a risk/reward ratio of 2.00.

USD/CHF – The USD/CHF is losing upside pressure inside of its horizontal resistance level which previously prevented a breakout from materializing. The 50 DMA has flattened out inside of its horizontal resistance level while the 200 DMA continues to move to the upside. The AC shows the formation of a negative divergence which indicates the likelihood of a trend reversal and the RSI is trading in neutral conditions as a result from the move lower after reaching extreme overbought territory.
USD/CHF Trading Binary Options
Today’s Binary Options Trading Strategy: Put Option
Price action is now trading inside of its horizontal resistance level. The USD/CHF is expected to breakdown below its ascending 200 DMA from where the path is clear to its horizontal support level. Binary options traders are advised to seek binary put options in the USD/CHF currency pair on rallies above 0.9730 on the H1 Hourly Chart. The downside potential for this binary put option is 215 pips to 0.9515 while the upside potential is 70 pips to 0.9800. This results in a risk/reward ratio of 3.07.

Today’s Commodity Trade

SilverSilver is faced with an increase in downward pressure following the breakdown below its horizontal resistance level. The 50 DMA is descending, but continues to trade above the 200 DMA which is moving lower as well. The AC supports a continuation of the downtrend while the RSI is trading in neutral territory after descending from overbought conditions. A binary options trading account will benefit from put options in this commodity.
Silver
Today’s Binary Options Trading Strategy: Put Option
Price action is currently trading below of its 200 DMA. Silver is anticipated to continue descending until it will reach its horizontal support level. Binary option traders are advised to seek binary put options in Silver on rallies above 14.450 on the H1 Hourly Chart. The downside potential for this binary put option is 45 pips to 14.000 while the upside potential is 20 pips to 14.650. This results in a risk/reward ratio of 2.25.

Today’s Equity Index Recommendation

Nikkei 225 – The Nikkei 225 successfully broke out above its horizontal support level which resulted in a change of momentum from negative to positive. The descending 50 DMA maintains its position below the sideways trending 200 DMA. The AC indicates a build-up in positive pressure in this equity index. The RSI is trading in neutral conditions following the drift to the upside after briefly touching extreme oversold territory.
Nikkei 225
Today’s Binary Options Trading Strategy: Call Option
Price action is now trading above of its horizontal support level. The Nikkei 225 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 Nikkei 225 equity index on dips below 18,000.0 on the H1 Hourly Chart. The upside potential for this binary call option is 119,000 pips to 19,190.0 while the downside potential is 54,000 pips to 17,460.0. This results in a risk/reward ratio of 2.20.

Key Fundamental Data:

Japan – The trade deficit for July was reported at ¥108.0 billion which marked a reversal from June’s trade surplus of ¥102.6 billion. The current account surplus surged to ¥1,808.6 billion in July after being reported at ¥558.6 billion in June. Economists expected a trade deficit of ¥80.0 billion and a current account surplus of ¥1,732.5 billion respectively.
Japan – The final revision for second-quarter gross domestic product (GDP) showed an upward revision and now reflects a contraction of 0.3% quarter-over-quarter, and 1.2% year-over-year. Expectations called for a contraction of 0.5% and 1.8% respectively. The first-quarter was revised higher and now shows an increase of 1.1% and 4.5%.
Japan – Economist expect the Eco Watchers Survey Current Index for August to rise to 52.0 while the Eco Watchers Survey Outlook Index is called up to 52.3. This would represent an increase as compared to July’s level of 51.6 and 51.9 respectively.
Switzerland – The unemployment rate in Switzerland is anticipated to remain unchanged in August at 3.1% from July’s level of 3.1%.
Eurozone – Expectation for the German trade surplus as well as current account surplus for July call for a level of €23.5 billion in both cases. This would equal a minor contraction as compared to June’s surpluses of €24.0 billion and €24.4 billion respectively. Exports are expected to rise by 1.0% and imports are expected to increase by 0.7%. This would follow June’s contraction of 1.1% and 0.8%.
Eurozone – Economists expect the preliminary second-quarter GDP to post an increase of 0.3% quarter-over-quarter and 1.2% year-over-year which would match the data from the previous release. Household consumption is anticipated to rise by 0.4% while government expenditure is likely to show an increase of 0.2%. This would follow the previously reported increase of 0.5% and 0.6% respectively. Eurozone gross fixed capital is expected to decrease to 0.3% from 0.8%.
United States – The NFIB Small Business Optimism Index for August is expected to rise to 96.0 from July’s level of 95.4.
United States – Economists expect the Labor Market Conditions Index Change to rise to 1.5 in August from July’s level of 1.1.
United States – Expectations for July consumer credit call for a level of $18.600 billion which would represent a slowdown from June’s level of $20.740 billion.

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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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