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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 […]

Daily Binary Options Analysis for December 15, 2016

EUR/USD The EUR/USD price accounted for a significant drop at the end of the trading day. The pair forgot about every bullish outlook to drop to its psychological bottom at $1.0500. The Federal Reserve of the United States increased the US interest rates from 0.50% to 0.75% as expected. EUR/USD increased even more, when the […]

Daily Binary Options Analysis for December 14, 2016

EUR/USD The EUR/USD binary option price found strong resistance on the $1.0650 level. After the price bounced from the lower level of the orange Expanding Triangle we have been discussing recently, the pair met $1.0650 and started hitting it from below. The three black arrows on the H4 chart above show the resistance at the […]

Daily Binary Options Analysis for December 13, 2016

EUR/USD The EUR/USD price continued with the increase during the last trading session. However, the price reached the resistance at $1.0650 in a combination with the psychological 100-period Simple Moving Average (pink). As you see below, the price action bounced from this level initiating a return. The black arrows on the H1 chart of the […]

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