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Daily Binary Options Analysis for May 24, 2016

EUR/USD Yesterday we mentioned that the EUR/USD is bouncing from its red bearish trend line. In this manner, we concluded that the pair is likely to meet its $1.1180 resistance area again. As you see on the H1 chart of the EUR/USD binary option, this happened twice. After the first decrease near the $1.1180 area, […]

Daily Binary Options Analysis for May 23, 2016

EUR/USD During the last couple trading days, the EUR/USD has been correcting to its red bearish trend line. Today, the pair reached its bearish trend and entered a testing phase. Couple hours ago we saw the first indications of a bearish bounce. On the H4 chart of the EUR/USD you can see the last price […]

Daily Binary Options Analysis for May 20, 2016

EUR/USD The EUR/USD Forex pair did another decrease during the yesterday’s trading session. However, the lost value was regained in the next hours up to present. The first black arrow on the H4 chart of the EUR/USD binary potion shows the last price interaction with its red bearish trend line from the beginning of May. […]

Daily Binary Options Analysis for May 19, 2016

EUR/USD The down run of the EUR/USD still continues. While decreasing, the pair broke the psychological supports at $1.1300 and $1.1230 for one Euro. Since a new bottom was created below $1.1230, we expect an eventual correction to the red bearish trend the price has been following during the last three weeks. The H4 chart […]

Daily Binary Options Analysis for May 18, 2016

EUR/USD The EUR/USD continues its down run through the psychological support area at $1.1300 for one Euro. After the initial bounce from $1.1300 the pair increased to its red bullish trend line. After testing the trend the price bounced downwards, creating a 3-week low. On the H4 EUR/USD chart we see that the pair created […]

Daily Binary Options Analysis for May 17, 2016

EUR/USD The EUR/USD attempts a range after the price met the $1.1300 area as a support. The bottom which was created last Friday was a premise for a price correction. Yesterday the pair did another bottom, which nearly touches the $1.1300 level. This is the 4-hour chart of the EUR/USD Forex pair. Notice that the […]

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