Binary options signals for September 02

Hello colleagues. It’s the second day of autumn outside, and we, as always, conduct an indicator analysis and review the main fundamental events of Friday. 
The main news of the day
We check the economic calendar at the following time:

• USA: 3:30 p.m.; 17:00; 20:00; 22:30.
• Eurozone: 22:30.
• Russia: 10:30 p.m.
• Canada: 3:30 p.m.
• Australia: 22:30.
• UK: 11:30 a.m.; 22:30.

Do not forget that the release of news is one of the most unfavorable moments for entering a position. 
Let’s move on to technical analysis. 

Signals on EURUSD

Let’s analyze the indicator data on the four-hour (H4) timeframe. 

• BB: the bands finally lost their downward slope, narrowed and went into neutral. This suggests that a clear trend on this pair has not yet formed. Given the prolonged consolidation of the price near the upper limit of the Bollinger Bands, we should expect a downward movement soon.  
• MACD: the bars continue to be above the middle level, indicating the temporary dominance of the market bulls.
• RSI: the line starts to decline. 

Possible pivot points

Support:  1.1128; 1.1100; 1,1089.    
Resistance:  1.1155; 1.1190; 1,1215.
Recommendations: sell from resistance levels. 

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Signals on GBPUSD

Let’s analyze the data of indicators on H4. 

• BB: After the upward momentum, the bands have stopped rising and now have a fuzzy upward slope. The price is located near the upper limit. Given the long-term consolidation, we should expect a downward movement.
• MACD: the bars are gradually decreasing, but continue to be in the positive zone.
• RSI: the line has entered the overbought zone. 

Possible pivot points

Support: 1.3260; 1,3230 1,3200.    
Resistance:  1.3290; 1.3300; 1.3330.
Recommendations: we sell only after breaking through the support levels. 

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Signals for USDJPY

Let’s analyze the indicator data on the four-hour H4. 

• BB: the bands are increasing, the price has pulled back to the midline.
• MACD: small bars, placed in the negative zone. 
• RSI: the line makes a reversal and prepares for continued growth.  

Possible pivot points

Support:  103.23; 103.00; 102,60.
Resistance:  103.55; 104.00; 104,25.
Recommendations:  buy from support points. 

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Choose trusted binary options brokers and always make only system trades. 

Have a good day!

 

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