Good morning dear traders. The main signals of binary options for today
Signal for the EURUSD pair
As the chart shows, the price should move down. Being in the overbought zone for a long time. Determining the trend on the 4-hour chart, open trades on the 1-hour chart. After the breakdown of line 80 on the indicator of technical analysis, we open sell trades. The price target is set at 1.152. After that, we expect a correction.
Signal for the GBPUSD pair
The indicators on the 1 hour chart show us that the signal for trading options on GBPUSD should be sought for the sale of the asset (purchase of PUTT). The target is set at 1.46. This is a strong level that determined support over the past week.
Signal for the USDJPY pair
When trading on an asset in the Japanese currency against the US dollar, we will look for the purchase of a CALL option. It is important not to open positions down. If the analysis of all assets shows a strengthening of the dollar, we cannot open a deal for a decrease in price here.
Therefore, it is necessary to wait for the breakdown of the level of 20 and confirmation of the average to open an upward position.
UTRADER 03.05.2016 DAILY REVIEW
EUR/USD showed a record growth, breaking through the level of 1.15. The currency pair is still trading in a positive mood and retains prospects for further growth. USD/JPY has formed a new low at 105.87 and continues to fall in price. Gold broke through the 1300 mark, but subsequently fell slightly in price and is currently trading in a narrow corridor.
Expected news
No important statistics are expected for Europe and the United States.
Trading Ideas
EUR/USD It is trading positively. Moving averages are directed horizontally, but further growth is possible. An important level restraining growth is located at 1.1542. Important levels restraining the decline are located at 1.1514 and 1.1469. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).
USD/JPY The dollar/yen currency pair is trading negatively. The moving averages are pointing downwards, indicating a further decline. Important levels restraining growth are located at 106.31 and 106.82. An important level restraining the decline is located at 105.87. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).
GOLD Gold is traded in a narrow corridor. Moving averages are directed horizontally, but further decline is possible. Important levels restraining growth are located at 1296 and 1303. An important level restraining the decline is located at around 1287. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).
Best Binary Options Brokers >>
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals
