Free Binary Options Signals: Dollar Slides on All Fronts!
Call
The euro has gained significant value against its U.S. currency counterpart in recent trading days. It seems that much of the same behavior is continuing into today. The EUR/USD forex binary option is higher today by 0.2% at the $1.2624 level. The pair has gradually gone up in the past few hours of trading.
This is before the European Central Bank meets to possibly announce some new bond buying measures to cut borrowing costs and boost the Eurozone economy. Start opening Call options today.
Call
The GBP/USD forex binary option has advanced today by 0.07% to $1.5913. The pound has gradually gained much strength versus the greenback in recent trading days. This is as the British recession may not be as deep as originally feared. This is despite the reality of the British government not getting their act together quick enough.
The Olympics in London have helped the economy pick up. There will need to be more positive data from the U.S. in the coming hours of trading in order to support the GBP further. It looks like the pair is likely to rise further today, meaning call options are the way to go.
Call
The USD/JPY is higher this morning by 0.05% at 78.43 yen. The yen is one of the strongest currencies, as traders favor it in times of uncertainty. It is vital to take into account that the JPY has not declined much, because traders are still unsure about the future market direction. However, the weakness is notable ahead of the ECB meeting later today.
If positive sentiment comes out of the meeting, then additional advances may be on the way for the USD/JPY. Investors are already looking to open weekly Call options for the USD/JPY currency pair.
Call
The crude oil binary option is up by an impressive $1.09 at $96.45. This is after rising 6 cents yesterday and declining notably in recent trading days. The weaker dollar and the return of positive market sentiment are playing into the stronger crude prices.
The 2 other main reasons why oil is higher today is because of production recently being cut off in the Gulf of Mexico and on the prediction that inventories declined more than 7 million barrels last week. Initiating Call options in the hours ahead may be the way to go this Thursday.
Call
Gold futures have surged above the $1,700 an ounce mark for the first time since March. The gold binary option is trading higher at the moment by $18.95 at $1,710.55. This is after the price of gold has not gone so much higher in recent trading days. Traders finally have the confidence to go really bullish on the precious metal.
Also, with the dollar sliding, it is no wonder that gold prices are so much higher as of now. The gains come ahead of the ECB meeting later today and following a report showing that Australian unemployment fell unexpectedly to 5.1% in August. The tip of the day is opening daily Call options for the gold binary option.
Put
The Dow Jones binary option did climb by 0.1% during Wednesday’s trading session. However, the gains were not [/dropcap]enough to show that the Dow has separated from its recent losses. Traders have been deterred from investing in the index due to it declining a lot in the past week of trading.
There have been days where even positive data has not been enough to push the Dow higher. Start opening daily Put options now in the Dow Jones binary option.
