Binary options signals for February 17
Binary options signals are based on technical analysis, but we always check economic news.
As you can see, the main news will be released in Britain and America. Therefore, these are the two currencies that we will consider in pairs. When there is news on both, we can expect plenty of trading opportunities.
As we can see, the 4-hour and 1-hour binary options charts show us that the asset is in the overbought zone, and we expect the price to fall.
Trading on this option will be within the day, on a 30-minute interval.
The trade is opened for a fall, with a target of 0.699. After that, we have to check the news output. As forecasts show, the price will continue to fall.
When the price falls, you need to use a news trading strategy. Even if you do not catch trading signals for a fall, you need to wait for a correction.
The chance that the news on America will drop the dollar is very high. If this happens, the price will return to its previous high of 0.7.
We wish you good luck and trade only with honest brokers.
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