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EUR/USD BINARY OPTIONS TRADING

BitCoin/CNY 6349.755 09:00 24.01
FTSE F-MAR17 7091.500 09:00 24.01
USD/RUB 59.148 09:00 24.01
USD/NOK 8.35090 09:00 24.01
USD/CHF 0.99882 09:00 24.01
OIL-MAR17 (BRENT) 55.585 09:00 24.01
SBERBANK 168.830 09:00 24.01
GAZPROM 149.230 09:00 24.01
NZD/CHF 0.72218 09:00 24.01
CAD/CHF 0.75336 09:00 24.01
NZD/USD 0.72303 09:00 24.01
CAD/JPY 85.407 09:00 24.01
AUD/USD 0.75683 09:00 24.01
AUD/JPY 85.697 09:00 24.01
GBP/USD 1.24934 09:00 24.01
EUR/USD 1.07478 09:00 24.01
TADAWUL 7081.200 09:00 24.01
VTB BANK 0.068665 09:00 24.01
ROSNEFT' 388.950 09:00 24.01
OIL-FEB17(WTI CRUDE) 52.550 09:00 24.01
SILVER 17.145 09:00 24.01
GOLD/EUR 1129.375 09:00 24.01
USD/JPY 113.236 09:00 24.01
EUR/JPY 121.703 09:00 24.01
GOLD VS OIL 21.8394 09:00 24.01
USD/CAD 1.32582 09:00 24.01
S.BANK INDIA 255.775 09:00 24.01
AXIS BANK 448.900 09:00 24.01
TATA STEEL 464.325 09:00 24.01
TATA MOTORS 541.725 09:00 24.01
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We apologize for the inconvenience, registration from your state is disallowed.
By: Adam Stone
July 28th 2014 6:19am GMT, London UK
 

The week ahead for binary options trading strategies will likely be very focused on the news expected for release primarily from the US. News is usually one of the strongest drivers of market forces but this week, we will have a rare chance of getting three of the big four news releases which are the GDP, Employment Data in the form of the Non-Farm Payrolls report, the Federal Reserve’s monetary policy minutes, and the CPI (which this week is the one not being released). Although these figures will surely set up a lot of trades, they won’t start be out till Wednesday and Friday. That means that the market will likely be in something of a holding pattern until Wednesday.

On the other hand, it is important to note that US stock indices have been unable to create any momentum of late and even the high flying S&P is now stock about 1-1.5% below the major resistance at 2000. With the index currently at 1978, it’s a stretch to believe today will see the stock index will break above 2000. But for binary options trading strategies, 1985 could work just as well. The level has been strengthening of late and despite a lack of pure tests of the level, it has exhibited the same resistance behavior as the S&P has shown for nearly 2 years now. In other words, every time the S&P faces a resistances/supports it either hope right over them or retreats. But rarely has the S&P broken and then retreated, post break. As such, the S&P index has been one of the best and most profitable means of trading with solid binary options break strategies for nearly 2 years. In fact, other than approximately 5 cases, there have been no false breaks for the index, in either direction. This is out of a set of over 150 separate daily level breaks.

The forex markets are in a bit of disarray this morning as well. After a few days of relative quiet, the GBP/USD is bouncing off the walls this morning. The forex pair is heading higher while the EUR/USD is content to remain a non-moving entity, for now. The markets are likely to align themselves sooner rather than later. Binary options trading strategies based on the forex pairs, like the EUR/USD, should remain wary of the possibility of a big move. With the EUR/USD specifically, such a move is very likely in the coming hours. The forex pair is now stuck between the resistance at 1.3435 and the support at 1.3421. We don’t expect the pair to break out just yet, but binary options trading strategies could do well by focusing on this for the time being.

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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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