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Daily Binary Options Analysis for January 5, 2017

EUR/USD The EUR/USD binary option price is located between a support and a resistance zone. The support zone is located between $1.0339 and $1.0365. The resistance area takes place around the psychological $1.0500 level. On the H4 chart of the EUR/USD you will see that the price frequently goes above the $1.0500 resistance. However, on […]

Daily Binary Options Analysis for January 4, 2017

EUR/USD The EUR/USD binary option broke its previous low at $1.0350 and created another historical 14-year bottom by reaching $1.0339 for one Euro. The price then bounced upwards increasing to a line, which we might start calling a bearish trend (yellow). Above we see the H1 chart of the EUR/USD Forex pair. The orange circle […]

Daily Binary Options Analysis for January 3, 2017

EUR/USD This time we will approach the bigger picture of the EUR/USD binary option. Although we have been seeing some price hesitations recently, the bigger picture of the EUR/USD is still showing strong bearish potential. This time we are looking at the daily EUR/USD chart. The image shows the overall bearish force, which has been […]

Daily Binary Options Analysis for January 2, 2017

EUR/USD The EUR/USD binary option broke its bullish trend line (yellow) from Dec 28, 2016. The breakout appeared after the price action touched the psychological $1.0650 on a high volatility. This is the H1 chart of the EUR/USD. The breakout could be seen in the red circle on the chart. The decrease continued through the […]

Daily Binary Options Analysis for December 30, 2016

EUR/USD The EUR/USD price continued its run through the upper level of its recent range between $1.0470 and $1.0430. Yesterday we discussed the hesitated swings of the price action in and out of the range. Finally, the breakout is present and we see the price’s intention for an increase. Above you see the H1 chart […]

Daily Binary Options Analysis for December 29, 2016

EUR/USD The EUR/USD surprises with its inconsistent behavior on the chart. After we discussed a breakout through the upper level of the range, yesterday the price action did a bearish breakout through the lower range level at $1.0430. The breakout could be clearly seen in the red circle on the H1 chart of the most […]

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