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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 […]

Daily Binary Options Analysis for July 26, 2016

EUR/USD The price of the EUR/USD attempts to break the upper level of its red bearish channel, which is inside the bigger blue bearish channel. The price is now above its blue 20-period Simple Moving Average. In this manner, we expect a further increase of the EUR/USD binary option. The H4 chart shows us the […]

Daily Binary Options Analysis for July 25, 2016

EUR/USD The price of the EUR/USD accounted for a decrease through a crucial support level. The price dropped and broke the psychological support at $1.1000 for one Euro. The pair then created a bottom at $1.0950 and started a new increase toward the $1.1000 level, which is now a resistance. Let’s now approach the H4 […]

Daily Binary Options Analysis for July 22, 2016

EUR/USD The EUR/USD price bounced in bullish direction from the psychological support at $1.1000. The created bottom established the lower level of a bearish corridor, which is marked with blue on the chart. You can clearly see the bearish corridor on the H4 chart of the EUR/USD binary option. The red lines on the chart […]

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