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Daily Binary Options Analysis for November 21, 2016

EUR/USD The price of the EUR/USD binary option dropped to another low in the $1.0570 and then it returned back. We saw another breakout through the green bearish trend line, which marks the price decrease during the last month. It is important to mention that this is not the first time the price breaks the […]

Daily Binary Options Analysis for November 18, 2016

EUR/USD The price of the EUR/USD binary option did another bearish impulse. Thus, price action switched below the crucial support area around $1.0700. As we were saying during the last couple weeks, this area includes the blue bullish trend, which contains couple tops from 2015, and the already broken red bearish trend, which contains three […]

Daily Binary Options Analysis for November 17, 2016

EUR/USD The EUR/USD binary option created a crucial breakout during the last trading hours. The recent bearish trend line (green) of the Forex pair got broken in bullish direction, indicating an upcoming increase. Above you see the hourly chart of the EUR/USD, which shows the critical support area we were discussing during the last week. […]

Daily Binary Options Analysis for November 16, 2016

EUR/USD The EUR/USD binary option keeps hitting the support level at $1.0700. The interesting thing is that the downtrend which brought the Forex pair to the $1.0700 level is turning into a Falling Wedge chart pattern. The image below will show you the way the pattern looks like. The two black arrows on the H4 […]

Daily Binary Options Analysis for November 15, 2016

EUR/USD The EUR/USD binary option is currently meeting a very strong support area. After the election of Donald Trump, the US Dollar accounted for strong gains versus the Euro. In this relation, the EUR/USD Forex pair decreased, which means the Dollar is increasing versus the Euro. The black circle on the image shows you a […]

Daily Binary Options Analysis for November 14, 2016

EUR/USD The drop of the EUR/USD binary option sharpened and the price of the Forex pair reached a 10-month low at $1.0730. Now the price of the EUR/USD is back on the already broken bearish trend line (red), to test it as a support. We remind that the red bearish trend was connecting tops starting […]

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