Good morning everyone. The forecast for binary options trading was based on technical analysis. The strategy is indicator-based, suitable for time frames up to 4 hours.
Today we check the Economic Calendar at the following time:
- USA: 3:30 p.m.;
- Eurozone: 12:00.
- UK: 11:30 a.m.; 17:05.
Let’s take a look at the main signals for today.
Prediction for EURUSD
Analysis H 4:
The general trend is neutral.
The price is approaching the level of 1.1080 (resistance).
- MACD: close to zero.
- RSI: increases.
Recommendations for M 5 – H 1: the pair continues to be in a state of uncertainty. Levels from which to look for entry points:
- 1.1100; 1.1180 – sale;
- 1.1000 – purchase.
Forecast for GBPUSD
Analysis H 4:
The general trend is neutral.
The price is approaching the level of 1.3200 (support).
- MACD: in the negative zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: today we follow the publication of news. If the actual data coincide with the forecast, we focus on the following levels:
- 1.3150 – purchase;
- 1.3400 – sale.
Prediction for USDJPY
Analysis H 4:
General trend: upward.
The price is approaching the level of 105.70 (support).
- MACD: in the negative zone.
- RSI: decreasing.
Recommendations for M 5 – H 1: the uptrend has dragged on, so we are focusing on the level of 106.80 (we are looking for sell entries). If it breaks through, we will not trade until tomorrow.
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Have a profitable day!
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
