GrowBinary - Market Analysis and News - 09th Sept, 2015 By GrowBinary Research & Analysis Team
AUD/USD locked in 80 pips range.
The pair hit the key resistance level at 0.7070 after strong rally from last two days. The price went back above 0.7000 barrier with ease. Now we expect rate to stay above 0.7000/0.6980 while moving sideways below 0.7070.
As for now we see PUT options in play between 0.7050/70. However, potential break above 0.7070 will be good opportunity for CALL options as price should reach 0.7125 quickly.
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 - 09th Sept, 2015 By GrowBinary Research & Analysis Team
EUR/USD on its way down to 1.1000
The pair is trading inside triangle showing little tendency to move outside, however we see rising bearish pressure. We expect breakout in southern direction soon and upcoming test of the lower band of the descending channel crossed with 1.1020 support.
To benefit on bearish momentum we suggest PUT options below 1.1170 and 1.1130 after break out of the triangle.
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 - 10th Sept, 2015 By GrowBinary Research & Analysis Team
DAX is recovering after yesterday's evening selloff.
DAX index is moving up after yesterday's 400 points sell off but our take on this is that not much longer. Current bounce in our view is rather a reaction to shock caused by great depreciation after cash market was closed and big investors are trying to buy stocks to save their portfolios. We expect that another round of selling will come from offers between 10 250 and 10 300 recommending PUT options with end-of-day expiry in this area.
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 - 10th Sept, 2015 By GrowBinary Research & Analysis Team
CAD/JPY: Trading outside of the box
The pair made another peak today in line with previous three and now we expect the pair to move lower to test level 90.00 or areas lower. However, the price has to break lower from the box marked pink and preferably below 91.00 / 90.90 support area reinforced with ascending trend line. Below this coinciding levels we recommend PUT options all the way down to 90.00 and maybe 89.50.
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 - 11th Sept, 2015 By GrowBinary Research & Analysis Team
EUR/USD on another rally due to Friday's profit taking
The pair is climbing sharply on flows heading to Euro probably on profit taking flows running from US Dollar - we have a lot of uncertainty in case of Fed's plans for future monetary policy while very important FOMC meeting is scheduled for next week. We see support levels at 1.1300 and 1.1250 while key resistance level for today is at 1.1320/25
In our opinion CALL options are suitable for today's trading above 1.1250.
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 - 14th Sept, 2015 By GrowBinary Research & Analysis Team
EUR/JPY going up wave by wave
The pair had a very good week gaining 430 pips since the Monday open till Friday close. We think that this is the result of a regular gradual buying. Today's morning was neutral for the rate, however we see potential for retracement towards Friday low near Pivot S1 support and farther Midpivot. In the end, the upward trend should remain unaffected and possible test of 136.00 or 135.70 should awake plenty of demand.
We suggest CALL options below 136.40 (today's Pivot Point) and also 136.00, all with end-of-day expiry.
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 - 14th Sept, 2015 By GrowBinary Research & Analysis Team
GBP/USD sliding down from double top
The pair made double top pattern recently dropping down significantly and bouncing a little bit from the bottom a 1.5370. We expect price to continue marching south from around 1.5400 where 38.2 Fibonacci offers some intraday resistance as well as 50% Fibonacci retracement just 20 pips higher. We expect the day close below 1.5400, maybe near current bottom.
In this scenario PUT options from between 1.5400-1.5420 would seem appropriate in next couple hours till NY session close.
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 - 15th Sept, 2015 By GrowBinary Research & Analysis Team
AUD/USD going up but not without correction
The pair is reversing loses from the beginning of September approaching resistance levels at 0.7170 and 0.7200. Rapid correction made during the night dragged price lower to recent support area around 0.7100 that extends to 0.7080 - Pivot Support 1.
We expect good opportunity for CALL options from this area with end-of-day expiry.
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 - 15th Sept, 2015 By GrowBinary Research & Analysis Team
USD/CHF about to bounce from trend line for the third time
The pair is heading up today extending daily range and recovering Friday loses. We expect the price to fall down on a pressure from fading long trades and since Fed meeting is very close now we do not suppose that the price could make a new high before committee's decision.
For the near term we are bullish on the pair but for the rest of today we expect PUT options to be appropriate to benefit from third bounce from the descending trend line.
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 - 16th Sept, 2015 By GrowBinary Research & Analysis Team
EUR/JPY pressed lower off the Pivot Point
Today's trading on the EUR/JPY pair is skewed toward south since traders started to sell at the beginning of European session. We've spotted a lower low and lower high pattern which supports our downward bias concluded from direction indicator, trend line and overall picture on a daily timeframe.
We recommend PUT options below Pivot Point 135.70 for the day. Watch out for 135.00 support area - you may also trade PUTs when price will break lower. Expiry can be end-of-day or intra-day if you have proper signals from lower timeframes.
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.
