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Daily Binary Options Analysis for December 23, 2016

EUR/USD The EUR/USD binary option interrupted a bullish trend line, which has been active during the last three days. The trend is marked with the yellow bullish line on the image below. The red circle marks the breakout through the line. This is the H1 chat of the EUR/USD binary option. See that the breakout […]

Daily Binary Options Analysis for December 22, 2016

EUR/USD The EUR/USD binary options price continues the increase after the last interaction with the $1.0365 support. On the way up, the price action broke the 20, 50, and 100-period Simple Moving Averages on the H1 chart. Furthermore, the faster 20-period SMA broke the other two SMAs on the way up. This gives a signal […]

Daily Binary Options Analysis for December 21, 2016

EUR/USD The EUR/USD binary option showed up below the 14-years low at $1.0365, which is showed with the red circle on the chart below. This way, the EUR/USD price action created a new 14-year low on the chart. Yes, but this tiny breakout doesn’t mean that the price action has overpowered the level – not […]

Daily Binary Options Analysis for December 20, 2016

EUR/USD The EUR/USD binary option price created a new bearish run toward the 14-years low at $1.0365. In the first time the price reached the 14-years low, the price action bounced upwards, creating the yellow bullish channel you see on the image below. And the purple bearish channel indicates the bearish run toward the level […]

Daily Binary Options Analysis for December 19, 2016

EUR/USD During the last trading week, the EUR/USD binary option did a strong implication that the price is starting a new bearish run. We have been discussing an Expanding Triangle, which is marked with the orange lines on the image below. During the last week, the price action did a bearish breakout through the lower […]

Daily Binary Options Analysis for December 16, 2016

EUR/USD The 14-year low of the EUR/USD is a fact! The EUR/USD price continued the decrease breaking its last low and created a bottom at $1.0365 – a level which the price hasn’t been at since January 2003. On the H1 chart of the most traded Forex pair we see that the EUR/USD binary option […]

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