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Daily Binary Options Analysis for August 16, 2016

EUR/USD The EUR/USD price accounted for a big increase during the yesterday’s trading session. The price of the EUR/USD binary option broke its orange bearish trend line as well as the resistances at $1.1200 and $1.1230. The pair then stopped at the next resistance at $1.1270. You are now looking at the H4 chart of […]

Daily Binary Options Analysis for August 15, 2016

EUR/USD The EUR/USD price puts strong pressure on its red bearish trend line, which connects the tops at the daily chart. While crawling under the red bearish trend, the price went quickly above and then back beyond the trend. This could be seen in the red circle on the H4 chart of the EUR/USD binary […]

Daily Binary Options Analysis for August 12, 2016

EUR/USD The price of the EUR/USD binary option bounced from the orange bearish trend line again. The pair then decreased and it is currently testing the support at $1.1130 for one Euro. The H4 chart of the EUR/USD shows the current state of the pair. As you see the pair attempts a bullish bounce from […]

Daily Binary Options Analysis for August 11, 2016

EUR/USD The EUR/USD binary option bounced downwards from its orange bearish trend line from the beginning of May. The price of the pair broke its 2-day pink bullish trend as well as the blue 20-period Simple Moving Average. The decrease continued to the red 50-period SMA, which is the current price location. The H1 chart […]

Daily Binary Options Analysis for August 10, 2016

EUR/USD The bearish move of the EUR/USD binary option was interrupted during the yesterday’s trading session. The pair reached its pink 100-period Simple Moving Average and tested it as a support. However, a breakout did not appear. The price action has been crawling on upper side of the 100-period SMA and after 48 hours the […]

Daily Binary Options Analysis for August 9, 2016

EUR/USD The EUR/USD price continued with the sideways movement toward the red bearish line on the H4 chart. The price is currently testing the area around this level. The black arrow points out the test phase of the EUR/USD binary option. See that the price is also testing the $1.1100 level as a resistance. This […]

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