+1 (866)-882-6854
+ 44 203-807-1675
Chat
10:15:12 GMT
Black & White

TRADING IDEAS FOR YOUR BINARY DAY

GBP/USD 1.27490 10:10 06.12
EUR/USD 1.07644 10:10 06.12
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
X
We apologize for the inconvenience, registration from your state is disallowed.
By: Daniel Gant
January 10th 2014 10:20am GMT, London UK
 
EUR/USD
The EUR/USD pair fell immediately as the European central bank president Mario Draghi started his press conference. In his speech he pointed on slightly better condition on the Euro market. We should remind that 2 years ago Euro-zone was on the edge of existence of the single currency. The speech was in the beginning very dovish what pushed the pair down to its support level at 1.3550. After that the sentiment changed and the pair started to rise. The upper movement might be effect of speculation starting before today’s U.S. Non-farm payrolls data. The data will come out at 1.30PM (GMT) as well as Unemployment rate and Average Hourly Earnings. Last two figures beat the expectation so the market now awaiting another high numbers.

GBP/USD
The GBP/USD pair was traded yesterday sideways despite bullish mood after the unchanged value of Asset Purchase Facility. The pair was affected by the Draghi’s speech as well and that’s why the pair did not manage to climb above 1.6490 level but already broke its resistance at 1.6470. Today at 9.30AM (GMT) the U.K. Manufacturing Production will be released. Usually the estimation meets the actual number but we saw in October very different number (-1.2% instead of 0.3%) which caused high volatility. At 1.30PM (GMT) the pair will be affected by the U.S. labour data and at 3.00PM (GMT) we should pay attention to the U.K. GDP estimate.

USD/JPY
Yesterday the USD/JPY pair again tried to test the resistance at 105.10 but lost the momentum and dropped back to 104.60. The pair has been moving sideways already for two days between the 104.60 and 105.10 level. The lack of movement can be explained by the lack of economic data. However, today we expect significant movement on the market as the U.S. Non-farm payrolls comes out.

GOLD
The price of Gold increased to $1,231 an ounce during yesterday’s trading hours. The price continued its upper-movement also during the Asian session and the current price is $1,334 an ounce. The bullish mood is supported by stronger physical demand but later on as the U.S. Non-farm payrolls data comes out we might see drop (supposing the data are good). That’s why we suggest waiting for signal from the market and being careful with buying positions.

Share Button
Daniel Gant
Follow Me

Daniel Gant

Broker at GOptions
My strategies have been maintained and reworked for the last four years. Win loss accuracy and a stable method of volume production has insured my clients inside my personal portfolio success, not to mention the education, guides and management sessions that I teach daily.

I am not guaranteeing you success, but i am guaranteeing you that i will be providing you with my knowledge, training, time, strategies, technical analysis, fundamental analysis and all the tools that you will need to have a successful trading account.
Daniel Gant
Follow Me

Latest posts by Daniel Gant (see all)

Start Trading with the most professional mobile platform, always on the GO
Play StoreApp Store