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Daily Binary Options Analysis for October 31, 2016

EUR/USD An interesting chart pattern has formed on the 30-minute chart of the EUR/USD binary option. On the image below you see the yellow outline of a bullish Flag Pennant pattern. We have the sharp bullish line as a Pole and the bearish triangle as the Pennant. This pattern has the ability to push the […]

Daily Binary Options Analysis for October 28, 2016

EUR/USD The EUR/USD binary option keeps moving upwards. The price attempts to follow the levels on a channel, but the price action is not very consistent on the way up. On the hourly chart below you will notice that the EUR/USD price regularly exits the frames of the yellow bullish channel. However, the general price […]

Daily Binary Options Analysis for October 27, 2016

EUR/USD The EUR/USD binary otpion bounced for real from the already broken red bearish trend we were talking about since the beginning of the week. The bounce is shown in the blue bullish channel on the H4 chart below. See that the price is currently approaching its yellow bearish trend line, which connects the last […]

Daily Binary Options Analysis for October 26, 2016

EUR/USD The already broken red bearish trend line which connects the tops from May, June, and August got tested as a support. The test phase resembles an expanding triangle, which is market with the yellow lines on our chart. Few hours ago the price of the EUR/USD binary option broke the yellow expanding triangle in […]

Daily Binary Options Analysis for October 25, 2016

EUR/USD The EUR/USD keeps consolidating in the area near the already broken red bearish trend, which unites tops form April, June, and August. Ever since the price interacted with the red bearish line and tested it as a support, we saw the EUR/USD binary option consolidating. This is how the consolidation looks like. Above you […]

Daily Binary Options Analysis for October 21, 2016

EUR/USD The decrease of the EUR/USD continued to even lower levels. The EUR/USD binary option surprised today with its decrease through the psychological support at $1.0900 for one Euro. This way the pair reached an 8-month low on the chart. See that the pair reaches a red bearish line on the H4 chart. This is […]

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