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Daily Binary Options Analysis for February 16, 2017

EUR/USD The EUR/USD binary option price did a crucial breakout in bullish direction during the yesterday’s trading session. The price action went through the upper level of the green bearish channel that was followed during the last couple weeks. The H4 chart of the EUR/USD shows the breakout in the red circle. The interesting thing […]

Daily Binary Options Analysis for February 15, 2017

EUR/USD The decrease of the EUR/USD binary option is still in force. After interacting with the upper level of its current green bearish channel, the price action bounced in bearish direction breaking the psychological support at $1.0600 and setting a new bottom near $1.0560. Later on, the price action broke that bottom as well. On […]

Daily Binary Options Analysis for February 14, 2017

EUR/USD The EUR/USD binary option is still located in the green bearish channel from the beginning of February. However, it looks like the EUR/USD price implements higher pressure on the upper level of the green bearish channel. On the H1 chart of the EUR/USD, we see that the upper level of the channel has been […]

Daily Binary Options Analysis for February 13, 2017

EUR/USD The EUR/USD price keeps following the green bearish channel we have been approaching during the last trading week. At the same time, the price action is still located below the 100-period Simple Moving Average, which supports the bearish force on the chart. The H1 chart of the EUR/USD binary option is showing us the […]

Daily Binary Options Analysis for February 10, 2017

EUR/USD The EUR/USD binary option did another bounce from the upper level of the green bearish channel that was created at the beginning of February 2017. As a result, the price action dropped and reached again the support level at $1.0640 that marks the previous bottom of the price action. On the H1 chart of […]

Daily Binary Options Analysis for February 9, 2017

EUR/USD The green bearish channel that we were approaching yesterday got broken in the bullish direction. This looks like a convenient opportunity for the price action to test the already broken 1-month blue bullish channel as resistance. On the H1 chart of the EUR/USD binary option we see that after breaking the green channel in […]

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