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Daily Binary Options Analysis for December 9, 2016

EUR/USD The EUR/USD binary option did another big drop during the yesterday’s trading session. The price decrease after the Forex pair reached the psychological resistance at $1.0800. On the H4 chart of the EUR/USD above we see a black arrow, which points out to the bottom created at the end of the yesterday’s decrease. This […]

Daily Binary Options Analysis for December 8, 2016

EUR/USD The EUR/USD price did another increase after its interaction with the support at $1.0700. The bullish run was for $0.01 and reached the previous price high at $1.0800. The H1 chart of the EUR/USD Forex pair show you the price interaction with the $1.0700 level, pointed with the black arrow. Then the interaction with […]

Daily Binary Options Analysis for December 7, 2016

EUR/USD Yesterday we were talking about the bullish breakout of the EUR/USD binary option. The price broke the resistance at $1.0700 and expanded to the next psychological level at $1.0800. However, the price bounced from this resistance and returned to the $1.0700 level for a support test. This is a clear example of how a […]

Daily Binary Options Analysis for December 6, 2016

EUR/USD The EUR/USD price broke a crucial resistance and increased further. This way the EUR/USD binary option reached a 3-wek high at the psychological one around $1.0800 for one Euro. Notice the recent range on the H4 chart of the EUR/USD: After the price has been decreasing for about a month, the EUR/USD reached a […]

Daily Binary Options Analysis for December 5, 2016

EUR/USD The EUR accounted for a big drop versus the US Dollar as a result of the Italian referendum about reforms concerning the composition and the authority of the Italian parliament. The referendum was initiated by the Italian Prime Minister Matteo Renzi. However, almost 60% of the Italian voters said “NO” on the referendum, which […]

Daily Binary Options Analysis for December 2, 2016

EUR/USD The EUR/USD binary option broke its range in bullish direction and confirmed a pattern which resembles an inverted Head and Shoulders chart pattern. The price went above the 3-times tested resistance at $1.0650, creating a 2-week high. The breakout is shown with the red circle on the 4-hourly chart of the EUR/USD binary option. […]

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