Binary options signals for September 07

Hello dear traders. Let’s take a look at what the market has in store for us today. To do this, let’s conduct an indicator analysis and compile a list of fundamental events on Wednesday. 
The main news of the day
We check the economic calendar at the following time:

  • Eurozone: 09:00; 12:35.
  • Canada: 5:00 p.m.
  • USA: 5:00 p.m.; 21:00.
  • UK: 10:30 a.m.; 11:30; 12:15; 16:15; 17:00.

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 are widened and in a parallel state. The price is concentrated near the upper limit. 
  • MACD: the bars are in the positive zone, but their size is starting to decrease. This indicates the gradually growing strength of the downward movement. 
  • RSI: the line leaves the overbought zone and is directed downwards. 

Possible pivot points
Support:  1.1230; 1.1215; 1,1200.    
Resistance:  1.1260; 1.1280; 1,1305.
Recommendations: sell only if the price breaks through and consolidates under one of the support levels.

Binary options signals for September 07

Signals on GBPUSD

Let’s analyze the data of indicators on H4. 

  • BB: The bands have an ascending angle of inclination. The price is decreasing and approaching the midline. 
  • MACD: the bars are small, are in the positive zone and are gradually decreasing. 
  • RSI: the line has left the overbought zone and is directed downwards. This indicates the strength of the downward momentum. 

Possible pivot points
Support: 1.3320; 1,3300 1,3260.    
Resistance:  1.3375; 1.3395; 1.3400.
Recommendations: sells after passing the price of support levels.

2

Signals for USDJPY

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

  • BB: The bands are widened, have a fuzzy downward slope. The price is located near the lower border.
  • MACD:  the bars are in the negative zone, but the strength of the bearish momentum is gradually weakening. 
  • RSI:  the line is in the oversold zone and is preparing for growth. 

Possible pivot points
Support:  103.18; 102.95; 102,70.
Resistance:  103.80; 104.00; 104,32.
Recommendations:  buy from support levels. 
Binary options signals for September 07 

Choose trusted binary options brokers, improve your algorithm and never break the rules of your own system.
Good luck! 

 


 

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