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Daily Binary Options Analysis for July 8, 2016

EUR/USD After breaking its blue bullish trend line downwards, the EUR/USD did a drop to the area of $1.1050 for one Euro. The pair then started a consolidation. The range resembles a triangle chart pattern itself and this could clearly be seen on the H1 chart of the EUR/USD binary option. The triangle pattern is […]

Daily Binary Options Analysis for July 7, 2016

EUR/USD After reaching the psychological support area around $1.1050, the EUR/USD binary option regained part of the lost value. The pair increased and found resistance at the $1.1100 level. The H4 chart of the EUR/USD shows us that the pair is currently bouncing downwards from this level. In this manner, the pair is about to […]

Daily Binary Options Analysis for July 6, 2016

EUR/USD The bullish trend of the EUR/USD got broken downwards after the price met the psychological resistance area around $1.1150. As a result of this the EUR/USD binary option decreased through the psychological level at $1.1100 and reached the next support at $1.1050. The H4 chart of the Forex pair shows the blue trend and […]

Daily Binary Options Analysis for July 5, 2016

EUR/USD The price of the most traded binary option is still conforming to its general bullish trend. However, the EUR/USD bottoms are still increasing, while the tops have decreased their bullish intensity. The blue lines on the H4 chart outline the tops and the bottoms of the price action after the Brexit referendum results. See […]

Daily Binary Options Analysis for July 4, 2016

EUR/USD The EUR/USD price keeps crawling upwards on its blue bullish trend line. On the way up the binary option broke the psychological resistance at $1.1100 for one Euro and went all the way up to the $1.1180 area on Friday. Today the pair reached its blue bullish trend line again. The H4 chart of […]

Daily Binary Options Analysis for July 1, 2016

EUR/USD The EUR/USD Forex pair is currently experiencing a strong pressure. Although the pair slowly climbs up, it is currently locked between the two sides of a triangle. The triangle could be seen clearly on the H4 chart of the EUR/USD binary option (blue lines). As you see, the triangle on the chart is nearly […]

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