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Daily Binary Options Analysis for June 1, 2016

EUR/USD After decreasing to $1.1100 the EUR/USD Forex pair bounced upwards. Currently, the pair is approaching the blue 20-period and the red 50-period Simple Moving Average. Above you see the 4-hour chart of the EUR/USD binary option. See that the red bearish trend has brought the price to the interaction with the $1.1100 support. However, […]

Daily Binary Options Analysis for May 31, 2016

EUR/US The EUR/USD has been increasing during the yesterday’s trading day. The price broke its bearish trend line in the beginning of the last week. Then the red trend got tested as a support, bringing the pair to a 12-week low at $1.1100. Ever since meeting the red bearish trend as a support (black arrow) […]

Daily Binary Options Analysis for May 30, 2016

EUR/USD The big EUR/USD did another big decrease during the Friday’s trading session. After breaking in bullish direction its red bearish trend line from the beginning of May, the pair started consolidating in the $1.1200 area. However, on May 27, 2016 (Fri), the EUR/USD binary option bounced downwards and decreased through the psychological levels at […]

Daily Binary Options Analysis for May 27, 2016

EUR/USD After breaking its red bearish trend from the beginning of May, the EUR/USD started moving upwards after a new, smaller trend, which is bullish (blue). Few hours ago, the newly established bullish tendency got interrupted downwards. The pair also broke its support at $1.1180 as shown on the H1 binary option’s chart below: The […]

Daily Binary Options Analysis for May 26, 2016

EUR/USD The EUR/USD Forex pair accounted for an increase during the yesterday’s trading day. After reaching the $1.1130 area the pair bounced upwards and started gaining value. On the way up the pair broke its red bearish trend line from the beginning of May. The extension reached a resistance area created by the level at […]

Daily Binary Options Analysis for May 25, 2016

EUR/USD The Euro continues with the down run versus the Dollar. Yesterday the EUR/USD pair broke the support at $1.1150, reaching $1.1131. The pair then rebounded to the $1.1150 level in order to test it as a resistance. As you see on the H1 chart of the EUR/USD, the $1.1150 level sustained the bullish price […]

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