Free Binary Options Signals: Gold Lower as Traders Await Central Banks!
Call
The euro was a lot higher versus its peers in early trading this morning. However, much of these gains have been cut back recently. The EUR/USD forex binary option is higher at the moment by 7 pips at the $1.2506 level. This is despite the pair making heavy declines just a few hours ago.
Traders await consumer confidence data from the U.S. economy. The EUR/USD is set to climb further today in anticipation of further stimulus from the Fed. Therefore, start opening your positions in the EUR/USD now.
Put
The GBP/USD pair is lower as of now by 0.06% at $1.5784. The latest losses are due to the British economy failing to show signs of recovery. There have been calls by many high ranking British industrialists for the government to do more to boost growth. This has really driven the pound lower in recent trading days.
The GBP/USD pair has been trading lower since the early hours of trading. Put options will be popular today in anticipation of further declines for the currency pair.
Put
The USD/JPY forex binary option is lower this Tuesday by 0.2% at 78.59 yen. The yen looks to maintain its strength, as the Bank of Japan has been reluctant to introduce additional stimulus measures, unlike other leading central banks that have been quite vocal about stimulus in the past few months.
Despite what happens in the markets, there will be continued demand for the Japanese currency. Meanwhile, the USD is very volatile to the news coming out of the leading economies. Also, the possibility of stimulus is always driving dollar strength and weakness. This should be taken into account while you trade the greenback.
The USD/JPY is set to continue sliding today, so get ready to open your Put options during the current trading day.
Call
Crude oil was trading much lower several hours ago. However, the energy is now trading higher by 50 U.S. cents at $9598. Traders have decided to buy the commodity; as the dollar has weakened in recent hours. There are many reasons why investors feel there is a need to purchase the commodity such as the ongoing conflict in Syria, Tropical Storm Isaac and the large fire in Venezuelan oil refineries.
Daily call options are highly popular for crude oil during Tuesday’s trading session.
Put
Gold has retreated so far by more than $10 to $1,662.85 this morning. This is as traders await the decision by central banks to possibly introduce new monetary easing measures. Most eyes will be focused on the European Central Bank and the U.S. Federal Reserve in the days ahead.
Now the situation in Europe is reaching a critical stage, while the Fed has been more vocal about bring about more stimulus. However, nothing has really been done in practice. Traders are likely to continue selling the gold binary option in the hours ahead. Therefore, start opening daily Put options for gold if you want to make high returns this Tuesday.
Call
The Dow Jones binary option lost much value on Wall Street during the U.S. session on Monday. Traders lacked the confidence needed to lift U.S. stocks and indices higher. If there are positive consumer confidence figures from the U.S. economy at 14:00 GMT, then this really would be the catalyst that could push U.S. stocks higher.
As a result, the Dow Jones index could make considerable gains. With this in mind, do not be surprised if the Dow surges later on. Open your Call option in the Dow Jones to have the opportunity to earn lots of profit.
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Free Binary Options Signals: Gold Lower as Traders Await Central Banks!
