GrowBinary - Market Analysis and News - 16th Sept, 2015 By GrowBinary Research & Analysis Team
GBP/USD: will the daily rally fade away?
The pair has rallied on an unusual synergy of macroeconomic readings today. While labor and wage indicators for UK came positive, the US CPI reading missed the consensus slightly. On this occurrence Cable has rallied almost 200 pips from the morning bottom. However, we expect this rally to fade towards 1.5450/30 until end of the day.
Therefore we'd recommend PUT options from around 1.5500 and above.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 17th Sept, 2015 By GrowBinary Research & Analysis Team
With the FOMC meeting ahead; AUD/USD or USD/JPY?
Today everyone's eyes are focused on FOMC meeting at GMT 7:00 pm. According to FOMC forecasts and implied pricing of Fed Funds rate on the market shows, that potential hike is not fully priced yet, and that market is pricing less aggressive path of tightening than FOMC forecasts assume. However, after soft CPI and labor costs readings this month market analysts give median of 30% that Fed will hike FF rate today. This gives binary options macro traders a 10% edge above 60% BE level in binary options trading when betting against raise.
For that we have picked the AUD/USD pair where technical outlook is unfavorable for US Dollar. If Fed will disappoint today, we expect daily close way higher than the current market rate floats - around 0.7170.
For traders who would like to trade very short options with technical analysis we recommend CALL on USD/JPY.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 21st Sept, 2015 By GrowBinary Research & Analysis Team
DAX poised to drop but watch out for the correction
The index closed very bearish last week after 360 points drop on Friday and today futures contracts seem to be pressed further since the market open. We expect market to continue heading south but we also notice some space for upward correction towards 9 900.
We recommend PUT options with end-of-session expiry for today's trading on DAX.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 22nd Sept, 2015 By GrowBinary Research & Analysis Team
EUR/AUD breaks below decent support level
The pair have broke the key support level at 1.5670 which hold price for last few days. Our direction indicator is now aligning with the broken level and we can assume that it is now a resistance level where offers are piling up.
We recommend PUT options between 1.5650 - 1.5670. Also Pivot Point 1.5720/30 should provide good resistance for the day or two. We expect that the pair will eventually break Pivot S1 today and march lower towards 1.5500.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 22nd Sept, 2015 By GrowBinary Research & Analysis Team
GBP/USD hits demand zone after extended freefall
The pair has dropped over 150 pips in today's trading reaching last week's bottom around 1.5330-1.5350. We expect that the price will bounce of it for at least couple dozen pips till tomorrow early London.
CALL options should have positive probability in current market conditions where fade move is pretty likely.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 23rd Sept, 2015 By GrowBinary Research & Analysis Team
AUD/USD to be pushed lower on downside momentum
The pair is going down for a few days now and most probably we expect the bottom around 0.6900/20 to be tested pretty soon. Therefore freefall should continue leaving S1 and S2 Pivot levels as resistance/support levels behind.
We recommend to buy PUT options with at least couple hours expiry- the closer to 0.7040/50 the better. Below 0.7000 (Pivot S2) PUT options become bit more risky losing on probability. For trading between S2 and S3 please consider very short term options (i.e. 5-15 minutes).
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 28th Sept, 2015 By GrowBinary Research & Analysis Team
USD/CHF bullish momentum expected today.
The pair is obviously in buoyant tone for some time now and we see the edge in current setup in early London trading. We expect bullish momentum to hold and boost price towards Pivot R1 and eventually Pivot R2 in today's trading. The edge comes from closeness of a 0.9790/0.9800 support level at today's Pivot Point. If this level got broken a significant long squeeze should take place pulling rate lower to S1 and probably S2 support levels.
We recommend CALL options above 0.9800 and PUT options after break below 0.9790.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
GrowBinary - Market Analysis and News - 28th Sept, 2015 By GrowBinary Research & Analysis Team
EUR/USD quadruple bottom out of two double bottoms
The pair formed a second double bottom in last two days pointing out to the possibility of an upward move targeting 1.1370, 1.1450 and eventually 1.1670/1.1700 after extending move. Facing an obvious ongoing accumulation of Euros we are bulls on the EUR/USD pair unless price will break lower through 1.1000 barrier level.
We suggest CALL options to benefit from upcoming near term upward trend.
Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
