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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 […]

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 […]

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