Free Binary Options Signals: Euro Slumps F
Post# of 144482
Free Binary Options Signals: Euro Slumps Following Last Week’s Optimism!
Put
The euro is trading lower on all fronts this Monday morning following heavy gains on Friday. The EUR/USD forex binary option has slipped 0.28% to $1.2780. There is a lack of confidence in the forex market at the moment, as it seems that riskier currencies were overbought at the end of last week. Therefore, the natural result has been a weaker euro in the latest round of trading. Put options are popular, as further losses may occur in the next few hours.
Put
The pound is trading rather mixed this morning, but lower against the greenback. The GBP/USD pair has slipped 0.13% to $1.5987. The dollar seems resilient to the bearish market sentiment, as it gains on its safe-haven status. There is speculation that the Fed will introduce monetary easing measures soon, but traders are waiting for the Fed’s next policy meeting which begins on September the 12th. Therefore, until then, there may be some unpredictable behavior when it comes to the forex market. With this in mind, look to open daily Put options for the GBP/USD forex binary option today.
Call
The USD/JPY forex binary option is trading higher today by 0.06% at 78.31 yen. However, it is important to note that the pair has been very weak lately due to the lack of factors backing the pair. For example, the likelihood of further stimulus for the USD will help push the dollar lower against the yen in the medium term. This is as the Bank of Japan remains reluctant to print more money to boost their economy. Both the USD and JPY are haven currencies, but the greenback looks to recover some lost ground today. This is why Call options are the way to go.
Call
The price of crude oil was lower just an hour ago. The commodity seems to have made a spectacular comeback by trading higher by 0.16% at $96.58. Traders seem to be backing away from the energy due to the woes which may arise from the upcoming meeting of Greek Prime Minister Samaras and officials from the nation’s creditors. There seems to be much strength in crude prices, explaining why they are so bullish right now. Traders should take a look at what Call options will offer them, as the trading day takes hold.
Put
Gold futures rose nearly a whopping $40 on Friday, as the bearish dollar and the speculation of additional stimulus for the U.S. economy led to much bullishness in the financial markets. The price of gold is lower this Monday by $3.95 at $1,733.95. There will be many factors driving the markets today, so traders need to be aware what is coming up. The dollar is still showing resilience, which could push gold prices lower in the next few hours of trading. What’s more, traders are not convinced that gold will make a comeback today. This means it may well be worth getting ready to open Put option in the gold binary option during Monday’s trading session, so stay focused throughout the day.
Call
The Dow Jones binary option climbed both last week and on Friday itself. This is as traders have gradually become more confident in the past week of trading. There seems to be a number of factors supporting the Dow at the moment, especially as the index has been largely oversold in recent trading days. Traders have already started to open daily Call options in the Dow Jones, as further gains lay ahead. You should see what’s in it for you this Monday
Free Binary Options Signals: Euro Slumps Following Last Week’s Opti...
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