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Daily Binary Options Analysis for February 21, 2017

EUR/USD The EUR/USD binary option did two crucial breakouts in a bearish direction. The first one occurred during the yesterday’s trading session when the price broke the lower level of its range through the $1.0600 support. The second one happened an hour ago when the EUR/USD closed an hourly candle below the next psychological support […]

Daily Binary Options Analysis for February 20, 2017

EUR/USD The price of the EUR/USD binary option increased to the 50% Fibonacci Retracement level taken from the previous bearish trend (green bearish channel). The level sustained the price action, and we saw a bearish bounce that caused the last bearish impulse on the chart. The H1 chart of the EUR/USD shows us that the […]

Daily Binary Options Analysis for February 17, 2017

EUR/USD The price of the EUR/USD binary option continued with its expansion above the last resistance at $1.0640. As a result, the pair reached the next resistance level at $1.0680 and bounced downwards to test the already broken $1.0640 level as a support. The hourly chart of the EUR/USD shows the current price expansion that […]

Daily Binary Options Analysis for February 16, 2017

EUR/USD The EUR/USD binary option price did a crucial breakout in bullish direction during the yesterday’s trading session. The price action went through the upper level of the green bearish channel that was followed during the last couple weeks. The H4 chart of the EUR/USD shows the breakout in the red circle. The interesting thing […]

Daily Binary Options Analysis for February 15, 2017

EUR/USD The decrease of the EUR/USD binary option is still in force. After interacting with the upper level of its current green bearish channel, the price action bounced in bearish direction breaking the psychological support at $1.0600 and setting a new bottom near $1.0560. Later on, the price action broke that bottom as well. On […]

Daily Binary Options Analysis for February 14, 2017

EUR/USD The EUR/USD binary option is still located in the green bearish channel from the beginning of February. However, it looks like the EUR/USD price implements higher pressure on the upper level of the green bearish channel. On the H1 chart of the EUR/USD, we see that the upper level of the channel has been […]

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