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Daily Binary Options Analysis for August 3, 2016

EUR/USD The EUR/USD price broke through the psychological resistance at $1.1200. The bullish run continued to the next resistance at $1.1230. Then the EUR/USD binary option bounced downwards from this level. On the 4-hour chart we notice that the price increase to the $1.1230 resistance resembles a Rising Wedge chart pattern. After the bounce from […]

Daily Binary Options Analysis for August 2, 2016

EUR/USD The price of the EUR/USD confirmed a bullish tendency after finishing its last range. The price bounced from a level creating the third bottom the blue bullish trend line on the H4 chart: Here we see that the EUR/USD binary option is approaching again the resistance at $1.1200 for one Euro. Now, the price […]

Daily Binary Options Analysis for August 1, 2016

EUR/USD The EUR/USD price broke through the psychological resistance at $1.1100 and the $1.1130 level. This way the pair increased to the next psychological resistance at $1.1200 for one Euro. After meeting the $1.1200 level, the EUR/USD binary option bounced downwards, demonstrating hesitation. The H4 chart of the EUR/USD shows the rapid price increase to […]

Daily Binary Options Analysis for July 29, 2016

EUR/USD The EUR/USD price found resistance in the psychological $1.1100 area. After the price did a big increase in bullish direction, the EUR/USD started hesitating in the next resistance at $1.1100. Currently, the EUR/USD binary option approaches another interaction with the same resistance level. The H4 chart of the most traded Forex pair shows with […]

Daily Binary Options Analysis for July 28, 2016

EUR/USD The EUR/USD price did a big bullish run, which was happening until couple hours ago. The reason is not an increase of the overall Euro price, but a drop in the value of the American Dollar. This happened after the US announced downbeat Core Durable Goods Orders, Pending Home Sales, Crude Oil Inventories, and […]

Daily Binary Options Analysis for July 27, 2016

EUR/USD Although the attempt, the EUR/USD price did not manage to break the upper level of its yellow bearish corridor. The price did a return and currently for second time it is attempting a breakout. In general, we should not forget that the price action is in a phase which came after the bounce from […]

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