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Daily Binary Options Analysis for January 10, 2017

EUR/USD The price of the EUR/USD binary option keeps testing its orange bearish trend line as a resistance. The price has been moving into an Expanding Triangle, shown with purple on the chart below. The triangle brought the price to the bearish price trend you see in the upper right part of the chart below. […]

Daily Binary Options Analysis for January 9, 2017

EUR/USD The EUR/USD price reached its orange bearish trend line as a resistance and did a bearish bounce as we expected. The bounce happened near the $1.0650 resistance zone. As a result of the bounce the EUR/USD is currently approaching the psychological level at $1.0500 as a support. On the H4 chart of the EUR/USD […]

Daily Binary Options Analysis for January 6, 2017

EUR/USD The EUR/USD binary option accounted for an increase during the last couple days. The increase came after the price action reached a new 14-year low at $1.0339. The price bounced as a result and started moving toward a bearish trend, which connects the last two big tops of the price action. We approach the […]

Daily Binary Options Analysis for January 5, 2017

EUR/USD The EUR/USD binary option price is located between a support and a resistance zone. The support zone is located between $1.0339 and $1.0365. The resistance area takes place around the psychological $1.0500 level. On the H4 chart of the EUR/USD you will see that the price frequently goes above the $1.0500 resistance. However, on […]

Daily Binary Options Analysis for January 4, 2017

EUR/USD The EUR/USD binary option broke its previous low at $1.0350 and created another historical 14-year bottom by reaching $1.0339 for one Euro. The price then bounced upwards increasing to a line, which we might start calling a bearish trend (yellow). Above we see the H1 chart of the EUR/USD Forex pair. The orange circle […]

Daily Binary Options Analysis for January 3, 2017

EUR/USD This time we will approach the bigger picture of the EUR/USD binary option. Although we have been seeing some price hesitations recently, the bigger picture of the EUR/USD is still showing strong bearish potential. This time we are looking at the daily EUR/USD chart. The image shows the overall bearish force, which has been […]

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