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Daily Binary Options Analysis for January 26, 2017

EUR/USD We keep observing the price action of the EUR/USD binary option inside the blue Rising Wedge chart pattern on the H4 chart. After reaching the $1.0770 resistance, the price bounced from the upper level of the Wedge and started a move toward the lower level of the pattern. The H4 chart of the EUR/USD […]

Daily Binary Options Analysis for January 25, 2017

EUR/USD The price of the EUR/USD did another swing to the lower level of the blue Rising Wedge chart pattern that has been forming since the beginning of 2017. Now the price action is even further into the Wedge, which implies that a breakout could be seen soon. The black arrow on the H4 chart […]

Daily Binary Options Analysis for January 24, 2017

EUR/USD The EUR/USD binary option is still located at the upper level of the Rising Wedge pattern we have been discussing during the last few weeks. The price action has been testing the upper level of the wedge for a second consecutive day. Above we have the H4 chart of the EUR/USD. The black arrow […]

Daily Binary Options Analysis for January 23, 2017

EUR/USD The EUR/USD price continues its move into the Rising Wedge pattern we have been discussing during the last 3 weeks. The price keeps bouncing at the upper and the lower level of the pattern and at the same time while narrowing the scope of the upward move. The black arrows on the H4 chart […]

Daily Binary Options Analysis for January 20, 2017

EUR/USD It appears that the blue Rising Wedge chart pattern of the EUR/USD chart is still dictating the move of the price action. Although the EUR/USD binary option broke the Wedge in bullish direction, it appears that the pattern is not overpowered yet. The H4 chart of the EUR/USD shows us that after breaking the […]

Daily Binary Options Analysis for January 19, 2017

EUR/USD The EUR/USD binary option did another return to the lower level of the blue Rising Wedge chart pattern. This happened after the FED chair Janet Yellen said that postponing rate hikes in the US might bring inflation and instability. On the H4 chat of the EUR/USD we see that the price is currently bouncing […]

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