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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 […]

Daily Binary Options Analysis for October 20, 2016

EUR/USD We will take a closer look on the EUR/USD wedge we discussed yesterday. The price is still located inside the falling wedge. Let’s now approach the hourly chart of the EUR/USD binary option: The yellow lines on the image above show the scope of the falling wedge pattern. Since the figure has bullish potential, […]

Daily Binary Options Analysis for October 19, 2016

EUR/USD The EUR/USD accounted for a big decrease during the last three weeks. The price dropped from the psychological level at $1.1230 to the current price at $1.1000. Although the price broke through the big psychological support at $1.1000, the EUR/USD binary option is now showing hesitation. The H4 chart of the pair shows the […]

Daily Binary Options Analysis for September 28, 2016

EUR/USD The EUR/USD binary option bounced off the pink bearish trend line, as we expected. The stock then broke through the support at $1.1230 and it is currently approaching the next level at $1.1200. The black arrow shows the moment when the pair bounced from the pink bearish trend. Note that this is the 6th […]

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