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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 […]

Daily Binary Options Analysis for September 27, 2016

EUR/USD The EUR/USD price reached its pink bearish trend line and bounced in bearish direction. The bounce caused the EUR/USD binary option to break its blue bullish trend line. On the hourly chart we see that the EUR/USD is now creating the impression for an upcoming new bearish impulse. If the decrease becomes a fact, […]

Daily Binary Options Analysis for September 26, 2016

EUR/USD Last week we discussed the EUR/USD price interaction with the support at $1.1150. Today, the EUR/USD binary option is back at its pink bearish trend line from the middle of August. The increase from the $1.1150 level to the pink bearish trend happened relatively quickly – for a bit more than a day. Then […]

Daily Binary Options Analysis for September 23, 2016

EUR/USD The EUR/USD binary option reached its pink bearish trend line from a month ago as we expected. The bullish run continued and the price tested the trend again. A bearish bounce occurred afterwards, implying that a new bearish impulse might be on its way: You see the bounce under the rightmost arrow on the […]

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