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Daily Binary Options Analysis for January 18, 2017

EUR/USD It looks like the EUR/USD binary option broke the blue Rising Wedge pattern through the upper level. The price expanded above $1.0700 for one Euro and reached a 6-week high. We remind that all of this action comes after the EUR/USD price went through its orange bearish trend from November in bullish direction. Here […]

Daily Binary Options Analysis for January 17, 2017

EUR/USD The EUR/USD price initiated a new bullish increase during the last few hours. After the price had broken its orange bearish trend line, the tendency got tested as a support. The increase came as a bounce from the already broken trend line. There was additional support factor, which we cannot neglect here. This is […]

Daily Binary Options Analysis for January 16, 2017

EUR/USD The EUR/USD prices started the new trading week with a decrease through the psychological support at $1.0600. This way the price action of the most traded binary option is retesting the already broken orange bearish trend line as a support. The H4 chart of the EUR/USD is showing us the moment of the test […]

Daily Binary Options Analysis for January 13, 2017

EUR/USD The binary option of the EUR/USD created a return to the $1.0600 level for a support test. At the same time, the price action also tested the already broken orange bearish trend line, which was a leading the EUR/USD move during the last couple months. The price bounced upwards from this support zone and […]

Daily Binary Options Analysis for January 12, 2017

EUR/USD The price of the EUR/USD binary option did a crucial breakout through its recent trend from November, 2016. The price initially found another resistance in the trend line, but then the price returned upwards to break the tendency. The H1 chart of the EUR/USD binary option shows us that the further price move has […]

Daily Binary Options Analysis for January 11, 2017

EUR/USD EUR/USD binary option attempts a new retake on the psychological $1.0500 support. The approach of the level comes as a result of another bearish bounce from the orange bearish trend line of the currency. The hourly chart of the EUR/USD shows the moment of the bounce from the orange bearish trend line (black arrow). […]

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