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Daily Binary Options Analysis for September 5, 2016

EUR/USD The EUR/USD binary option is currently moving toward the lower level of the yellow bearish channel the pair broke 10 days ago. We remember that after the breakout the pair tested the already broken level as a resistance. However, the pair bounced downwards and it is now about to do another test on the […]

Daily Binary Options Analysis for September 2, 2016

EUR/USD The price of the EUR/USD Forex pair accounted for a rapid increase during the yesterday’s trading session. The pair created a bigger bullish candle and met the $1.1200 level as a resistance. After consolidating on this level during the end of the yesterday’s trading day, today the EUR/USD binary option bounced in bearish direction. […]

Daily Binary Options Analysis for September 1, 2016

EUR/USD The downward movement of the EUR/USD binary option was interrupted yesterday. After the pair broke the lower level of the blue bullish corridor, it decreased to the support area around $1.1150. On the hourly chart of the EUR/USD Forex pair we see that the price has stopped the decrease and it is now moving […]

Daily Binary Options Analysis for August 31, 2016

EUR/USD The falling wedge pattern we discussed yesterday on the EUR/USD chart, evolved into a bearish channel. This happens after the binary option broke the lower level of the blue bullish corridor. This could be seen clearly on the hourly chart of the EUR/USD Forex pair. The intensity of the yellow bearish corridor is definitely […]

Daily Binary Options Analysis for August 30, 2016

EUR/USD After breaking through the lower level of the blue bullish corridor, the price started a consolidation. The consolidation resembles a falling wedge chart pattern. The yellow lines on the hourly chart of the EURUSD binary option shows us the falling wedge pattern. As we know, this pattern has the potential to push the price […]

Daily Binary Options Analysis for August 29, 2016

EUR/USD The EUR/USD binary option accounted for a relatively big decrease during the Friday’s trading session. After the price action broke the yellow neck line and confirmed its Head and Shoulders pattern, we saw a bullish correction to the resistance area around $1.1300. The price bounced in bearish direction afterwards. The decrease went beyond the […]

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