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Daily Binary Options Analysis for January 12, 2017

EUR/USD The price of the EUR/USD binary option did a crucial breakout through its recent trend from November, 2016. The price initially found another resistance in the trend line, but then the price returned upwards to break the tendency. The H1 chart of the EUR/USD binary option shows us that the further price move has […]

Daily Binary Options Analysis for January 11, 2017

EUR/USD EUR/USD binary option attempts a new retake on the psychological $1.0500 support. The approach of the level comes as a result of another bearish bounce from the orange bearish trend line of the currency. The hourly chart of the EUR/USD shows the moment of the bounce from the orange bearish trend line (black arrow). […]

Daily Binary Options Analysis for January 10, 2017

EUR/USD The price of the EUR/USD binary option keeps testing its orange bearish trend line as a resistance. The price has been moving into an Expanding Triangle, shown with purple on the chart below. The triangle brought the price to the bearish price trend you see in the upper right part of the chart below. […]

Daily Binary Options Analysis for January 9, 2017

EUR/USD The EUR/USD price reached its orange bearish trend line as a resistance and did a bearish bounce as we expected. The bounce happened near the $1.0650 resistance zone. As a result of the bounce the EUR/USD is currently approaching the psychological level at $1.0500 as a support. On the H4 chart of the EUR/USD […]

Daily Binary Options Analysis for January 6, 2017

EUR/USD The EUR/USD binary option accounted for an increase during the last couple days. The increase came after the price action reached a new 14-year low at $1.0339. The price bounced as a result and started moving toward a bearish trend, which connects the last two big tops of the price action. We approach the […]

Daily Binary Options Analysis for January 5, 2017

EUR/USD The EUR/USD binary option price is located between a support and a resistance zone. The support zone is located between $1.0339 and $1.0365. The resistance area takes place around the psychological $1.0500 level. On the H4 chart of the EUR/USD you will see that the price frequently goes above the $1.0500 resistance. However, on […]

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