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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 […]

Daily Binary Options Analysis for December 12, 2016

EUR/USD The Expanding Triangle on the EUR/USD binary options chart is currently getting wider and wider. The EUR/USD price did another decrease, creating a better picture for the lower level of the pattern. This would be the support at $1.0530. See that the last time the price reached the lower level of the triangle at […]

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 […]

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