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Daily Binary Options Analysis for June 9, 2016

EUR/USD After reaching the $1.1380 level, the bullish run of the EUR/USD continued into a bullish channel to the $1.1400 resistance. The price then bounced downwards and broke the lower level of the channel. As you see on the H4 chart of the EUR/USD binary option, the pair is peeking through the lower level of […]

Daily Binary Options Analysis for June 8, 2016

EUR/USD The EUR/USD Forex pair is still holding the sideways price move under the psychological $1.1380 resistance. However, the EUR/USD consolidation is not an ordinary range. While moving to the right, the pair creates higher bottoms. See the H1 chart of the EUR/USD binary option. The blue line connects the bottom on the chart. As […]

Daily Binary Options Analysis for June 7, 2016

EUR/USD The EUR/USD Forex pair has been consolidating since the beginning of the new trading week. After the release of the bad Nonfarm Payrolls in the US, the most traded Forex pair increased to its psychological resistance level at $1.1380 for one Euro. The H4 chart of the EUR/USD binary option shows that the price […]

Daily Binary Options Analysis for June 6, 2016

EUR/USD The bad US payrolls announced last Friday brought the Dollar to a new 3-week low. The Non Farm Payrolls announcement was for 38K on a forecast of 164K. This caused the EUR/USD to increase to $1.1380. Above you see the H4 chart of the EUR/USD binary option, which shows the rapid price increase after […]

Daily Binary Options Analysis for June 3, 2016

EUR/USD The EUR/USD Forex price did a crucial bearish bounce from the $1.1230 resistance area, which at that point was assisted by the pink 100-period Simple Moving Average. The decrease then stopped in the area of the blue 20-period and the red 50-period SMAs. Refer to the H4 chart of the EUR/USD binary option: See […]

Daily Binary Options Analysis for June 2, 2016

EUR/USD The most traded Forex pair extended its gains during the yesterday’s trading session. The increase continues even now. On the H4 chart the EUR/USD binary option broke its blue 20-period and the red 50-period Simple Moving Average. At the same time, the price also broke the less steep trend (pink), which was formed as […]

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