Good afternoon dear traders. Today I would like to divide binary signals into two categories. The first is signals for technical analysis, the second is binary options trading on the news. Today is most suitable for both earnings and training.
Let’s start with technical analysis:
The price will rise to the level of 1.133 – 1.134. This is a strong resistance level that should prevent the price from rising. After that, the price should go down to 1.129-1.13.
The stochastic indicator shows us the continuation of the bullish trend on the 4-hour chart.
At the same time, hourly indicators indicate that the market is overbought . Therefore, we expect a downward correction. This will be a corrective wave.
The level of 1.133 is a strong support level, pushing off from it, the price should go up, continuing the 4-hour trend.
The second topic we want to discuss today is news. Even if you only trade with technical binary strategies, this news will interest you.
» Economic News Calendar
Today is the decision on the interest rate in the United States. Additionally, there are more than 10 news in America. The news comes out in the second half for . The U.S. stock exchange will be dominant. Even if there are no changes in the rate, it will hit the dollar hard. Therefore, we can expect a fall in the dollar. We assume the price will break through 1.135 (maybe higher)
Therefore, by betting on a fall to the quote of 1.135 before the news release, you can earn money.
We wish you successful and smart trades
Tagged with: Binary Options Signals
