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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 […]

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 […]

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