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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 […]

Daily Binary Options Analysis for November 11, 2016

EUR/USD The EUR/USD binary option keeps moving downwards. However, the intensity of the decrease is slowed down and it looks like the price attempts to start a sideways move. The interesting on the chart is that the big levels are very close to each other. The reason for this is the high volatility in the […]

Daily Binary Options Analysis for November 10, 2016

EUR/USD Despite the American elections chaos followed by a win of Donald Trump over Hillary Clinton, the Dollar regained the lost value and it is even increasing further versus the Euro. The EUR/USD binary option broke the support level at $1.0950 and turned it into a resistance. Then we saw a ranging move between $1.0950 […]

Daily Binary Options Analysis for November 9, 2016

EUR/USD The EUR/USD binary option reacted sharply during the United States elections. The price increased sharply in the middle of the Election Day when the statistics was showing that Hillary Clinton is 3% ahead of Donald Trump. However, in the end of the day, the results were in slight favor of Donald Trump and the […]

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