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BITCOIN ANALYSIS FOR BINARY TRADERS

Vodafone 190.155 10:00 06.12
Rio Tinto 3011.250 10:00 06.12
LLOYDS Bank 58.576 10:00 06.12
HSBC L 645.300 10:00 06.12
FTSE F-DEC16 6741.250 10:00 06.12
FTSE 250 17389.880 10:00 06.12
FTSE 100 6742.800 10:00 06.12
British American T 4346.500 10:00 06.12
Bp 462.750 10:00 06.12
Barclays 218.555 10:00 06.12
USD/RUB 63.788 10:00 06.12
USD/NOK 8.35339 10:00 06.12
USD/CHF 1.00659 10:00 06.12
OIL-FEB17 (BRENT) 54.885 10:00 06.12
Tesco 210.805 10:00 06.12
COPPER-NOV16 2.6553 10:00 06.12
EUR/ILS 4.09585 10:00 06.12
USD/ILS 3.80413 10:00 06.12
NZD/CHF 0.71713 10:00 06.12
CAD/CHF 0.75932 10:00 06.12
NZD/USD 0.71245 10:00 06.12
SUGAR (11)-MAR17 19.3350 10:00 06.12
EUR/AUD 1.44666 10:00 06.12
CAD/JPY 86.098 10:00 06.12
AUD/USD 0.74427 10:00 06.12
AUD/JPY 84.945 10:00 06.12
GBP/USD 1.27491 10:00 06.12
EUR/USD 1.07668 10:00 06.12
VTB BANK 0.068620 10:00 06.12
ROSNEFT' 357.750 10:00 06.12
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Sugar moves down to a 2 month low. The International Sugar Organization raised there crop expectations from a 4.5 million tons to a 4.7 million tonne estimate. Trades will continue to watch the mass supply of this sweetener.
bitcoins2

Bitcoin reaching new levels. After the Senate committee hearing this virtual currency boosted new highs of $900 USD, comparing to the price of only $200 USD in October. At the meeting U.S Officials remarked that Bitcoin currency is “A legitimate financial service and may be promoting a more efficient global commerce.” Although the FED are not sure how they will regulate online currencies, Bitcoin has been proven to provide a faster, more secure, and efficient payment method. Growing population wonder whether it should even be regulated, concerning how the currency will be used towards criminal activity. Virtual currency keeps growing with millions of dollars’ worth of Bitcoins exchanged on a daily basis.

AUD- The Australian dollar inched down a bit as last minute news from the Central bank declared there may be another rate cut below a record 2.5%. The decision came suggesting that the currency rate is “exceedingly high” and shifting from resources, like investment housing and other sectors.

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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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