Good morning colleagues. Congratulations to everyone on the start of a new trading week. Today, the Economic Calendar is not rich in events, but you can find good moments to trade options, according to the news. The best moments to trade, a few minutes before the news release.
Here is the time at which it is necessary to visit the economic calendar. The release of news will affect the movement of assets.
- Eurozone: 15:15.
- USA: 17:00.
Let’s move on to the consideration of trading signals for binary options.
Signal for EURUSD option
Technical analysis of option H 4:
The general trend is neutral.
The price is approaching the level of 1.1050 (support).
- MACD: close to zero.
- RSI: increases.
Recommendations for M 5 – H 1: we expect the flat to continue. Reference levels:
1.1100, 1.1150 – we enter the sale;
1.1000. 1.1025 – entry points for purchases.
Trading on strategies for options should be constant. If you change your trading every day, it will be difficult for you to WORK ON MISTAKES, and improve your trading results
Signal for GBPUSD option
Technical analysis of option H 4:
The general trend is neutral.
The price is approaching the level of 1.2950 (resistance).
- MACD: in the positive zone.
- RSI: increases.
Recommendations for M 5 – H 1: the pound cannot decide on further movement. This is evidenced by the strong narrowing of the bands. We are waiting for the situation to clarify and temporarily do not trade.
Signal for USDJPY option
Technical analysis of option H 4:
General trend: downward.
The price is approaching the level of 100.80 (resistance).
- MACD: positive.
- RSI: increases.
Recommendations for M 5 – H 1: we are waiting for the price to break through and consolidate above the level of 101.50. After that, we enter the purchase. We do not consider sell trades, since the downtrend has dragged on too long.
Practice, continuously learn and cooperate only with trusted binary options brokers.
Have a great week!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
