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Daily Binary Options Analysis for December 2, 2016

EUR/USD The EUR/USD binary option broke its range in bullish direction and confirmed a pattern which resembles an inverted Head and Shoulders chart pattern. The price went above the 3-times tested resistance at $1.0650, creating a 2-week high. The breakout is shown with the red circle on the 4-hourly chart of the EUR/USD binary option. […]

Daily Binary Options Analysis for December 1, 2016

EUR/USD During the last days we have noticed that the EUR/USD binary option is switching from moving downwards to sideways. This is why this time we are taking a closer look at the EUR/USD chart. On the hourly EUR/USD chart we see the recent price behavior inside the range. See that the top of the […]

Daily Binary Options Analysis for November 30, 2016

EUR/USD The EUR/USD binary option switched from decreasing to moving sideways. After the price action has reached the psychological zone around $1.0500 for one Euro, we saw increasing bottoms pattern ( shown with the purple line on the image below. This is the H4 chart of the most traded Forex pair. The green lines show […]

Daily Binary Options Analysis for November 29, 2016

EUR/USD Yesterday we discussed the Fan Indicator on the EUR/USD chart. Each of the green lines below represents a ray of the Fan and it is built by taking the beginning of the recent trend and tops, which gradually exit the scope of the tendency. We approach the H4 chart of the EUR/USD binary option […]

Daily Binary Options Analysis for November 28, 2016

EUR/USD The EUR/USD binary option price created another top outside the regular scope of its bearish trend. During the last trading session, we started approaching a Fan Indicator the EUR/USD pair has been following recently. After the market opening today, the price action created the third top needed for the third ray of the Fan […]

Daily Binary Options Analysis for November 25, 2016

EUR/USD The EUR/USD binary option gradually reduces the intensity of its decrease. After the price decreased to the psychological support zone at $1.0500, we saw a bounce. It is important to mention that every correction of the price action gets more and more persuasive. The two red circles on the H4 chart of the EUR/USD […]

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