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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 […]

Daily Binary Options Analysis for February 8, 2017

EUR/USD The price of the EUR/USD binary option continues the decrease in price. A few hours ago we saw the price action switching below the psychological level at $1.0650, setting a 9-day low. This happens after the price of the EUR/USD broke the lower level of the blue bullish channel (red circle) which was followed […]

Daily Binary Options Analysis for February 7, 2017

EUR/USD The price of the EUR/USD binary option did a sharp decrease in the lower level of the blue bullish channel we have been following during the last one month. The decrease continued further, and the price action went through the psychological support at $1.0700. On the H1 chart of the EUR/USD, we now see […]

Daily Binary Options Analysis for February 6, 2017

EUR/USD The price of the EUR/USD is moving again toward the lower level of the bullish channel that was followed during the last month. As a result, the price action is currently located on the support at $1.0740. On the H4 chart of the EUR/USD, we have marked the current price move and the potential […]

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