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Daily Binary Options Analysis for August 24, 2016

EUR/USD The EUR/USD price attempts to resume the bearish move which came after the bounce from the upper level of the blue bullish channel. On the way down, the pair broke the neck line (yellow) of a head and shoulders chart pattern. Now the EUR/USD binary option reached its red 50-period Simple Moving Average as […]

Daily Binary Options Analysis for August 23, 2016

EUR/USD The EUR/USD binary option creates another bullish run after the bearish bounce from the upper level of the blue bullish channel. This created a Head and Shoulder chart pattern inside the bullish channel. In this manner, the yellow line on the H4 chart below plays the role of a neck line for the H&S […]

Daily Binary Options Analysis for August 22, 2016

EUR/USD The EUR/USD price really bounced from the upper level of the blue bullish corridor, as we anticipated. The price started a down run and it is currently below the psychological support at $1.1300 Dollars for one Euro. The H4 chart of the EUR/USD binary option shows the upper and the lower level of the […]

Daily Binary Options Analysis for August 19, 2016

EUR/USD The EUR/USD price keeps moving into its blue bullish channel. The price has increased yesterday to the upper level of the channel, and it is now bouncing in bearish direction. This could be seen clearly on the H4 chart of the EUR/USD binary option: The arrows on the H4 chart show the moments when […]

Daily Binary Options Analysis for August 18, 2016

EUR/USD The EUR/USD price keeps crawling in bullish direction. The pair broke the psychological resistance at $1.1300, which created the strong implication that the bullish trend will hold. The bullish move of the EUR/USD binary option could be followed by a bullish channel, which is marked with blue lines on our H4 chart: See that […]

Daily Binary Options Analysis for August 17, 2016

EUR/USD After breaking its red bearish trend on the daily chart, the EUR/USD increased through the levels at $1.1200 and $1.1230. The pair then interacted with the $1.1300 resistance during the yesterday’s trading session. The H4 chart of the EUR/USD binary option shows us that the overall bullish move of the pair follows bullish channel […]

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