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Daily Binary Options Analysis for May 11, 2016

EUR/USD The biggest Forex pair keeps holding the sideways movement in the area around $1.1380. On the hourly chart of the EUR/USD option we see that the price is already outside the pink Falling Wedge chart pattern. Notice that the wedge got broken upwards and then downwards. Then a new price increase appeared. The blue […]

Daily Binary Options Analysis for May 10, 2016

EUR/USD The sideways movement by the EUR/USD Forex pair continues. Yesterday, the biggest Forex pair did couple important breakouts. On the H1 chart of the EUR/USD binary option we see these two breakouts marked with red arrows. The first breakout comes with the price switching below the $1.1380 support. Notice that the price records lower […]

Daily Binary Options Analysis for May 9, 2016

EUR/USD The EUR/USD has decreased to the psychological support at 1.1380 on Thursday. Since then the pair has been crawling on this level, demonstrating a ranging move. We saw three tests on this support level until today. Couple of hours ago, the EUR/USD touched the 1.1380 support again. Above you see the hourly chart of […]

Daily Binary Options Analysis for May 6, 2016

EUR/USD The price of the Dollar continued the rally versus the Euro during the yesterday’s trading day. On the way down the EUR/USD currency pair broke the support at $1.1450, its blue bullish trend line from April 22, 2016, the blue 20-period and the red 50-period Simple Moving Averages. The 4-hour chart of the EUR/USD […]

Daily Binary Options Analysis for May 5, 2016

EUR/USD The Euro continues the collapse versus the Dollar. After decreasing through the $1.1540 support, the price is currently approaching the area around $1.1450 as a support in a combination with the blue bullish trend line. A quick view on the H4 chart of the EUR/USD binary option shows us the current price interaction with […]

Daily Binary Options Analysis for May 4, 2016

EUR/USD The EUR/USD price accounted for a massive decrease after interacting with the psychological resistance area at $1.1600. On the way down the EUR/USD binary options broke the support at $1.1540 and it is currently testing the blue 20-period Simple Moving Average. Above you see the H4 chart of the EUR/USD, which shows the recent […]

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