GrowBinary - Market Analysis and News - page 3

 

GrowBinary - Market Analysis and News - 08th Sept, 2015

By GrowBinary Research & Analysis Team

NZD/JPY to fade the rally

The pair moved over 120 pips up in today's early trading leaving bears behind and reaching 75.70 resistance area which extends to 76.00. We suppose that this move is not backed with proper volume and therefore will be faded during rest of the day and the rate should reach 75.00 today or tomorrow finding some support there.

We suggest PUT options from above 75.50, the closer to 75.70 the better, with the end-of-day expiry.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 08th Sept, 2015

By GrowBinary Research & Analysis Team

GBP/USD is heading lower sold from 1.5400

The pair bounced lower after wild a rally that hit 1.5400 offers today. We expect that the rate will resume downtrend fading the whole upward move today and tomorrow. W think that the first target of 1.5300 will be reached until current day ends while another target 1.5250/1.5200 will be met tomorrow.

We advise PUT options with end-of-day expiry for today all above 1.5350 - the closer to 1.5400, the better.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 09th Sept, 2015

By GrowBinary Research & Analysis Team

AUD/USD locked in 80 pips range.

The pair hit the key resistance level at 0.7070 after strong rally from last two days. The price went back above 0.7000 barrier with ease. Now we expect rate to stay above 0.7000/0.6980 while moving sideways below 0.7070.

As for now we see PUT options in play between 0.7050/70. However, potential break above 0.7070 will be good opportunity for CALL options as price should reach 0.7125 quickly.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 09th Sept, 2015

By GrowBinary Research & Analysis Team

EUR/USD on its way down to 1.1000

The pair is trading inside triangle showing little tendency to move outside, however we see rising bearish pressure. We expect breakout in southern direction soon and upcoming test of the lower band of the descending channel crossed with 1.1020 support.

To benefit on bearish momentum we suggest PUT options below 1.1170 and 1.1130 after break out of the triangle.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 10th Sept, 2015

By GrowBinary Research & Analysis Team

DAX is recovering after yesterday's evening selloff.

DAX index is moving up after yesterday's 400 points sell off but our take on this is that not much longer. Current bounce in our view is rather a reaction to shock caused by great depreciation after cash market was closed and big investors are trying to buy stocks to save their portfolios. We expect that another round of selling will come from offers between 10 250 and 10 300 recommending PUT options with end-of-day expiry in this area.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 10th Sept, 2015

By GrowBinary Research & Analysis Team

CAD/JPY: Trading outside of the box

The pair made another peak today in line with previous three and now we expect the pair to move lower to test level 90.00 or areas lower. However, the price has to break lower from the box marked pink and preferably below 91.00 / 90.90 support area reinforced with ascending trend line. Below this coinciding levels we recommend PUT options all the way down to 90.00 and maybe 89.50.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 11th Sept, 2015

By GrowBinary Research & Analysis Team

EUR/USD on another rally due to Friday's profit taking

The pair is climbing sharply on flows heading to Euro probably on profit taking flows running from US Dollar - we have a lot of uncertainty in case of Fed's plans for future monetary policy while very important FOMC meeting is scheduled for next week. We see support levels at 1.1300 and 1.1250 while key resistance level for today is at 1.1320/25

In our opinion CALL options are suitable for today's trading above 1.1250.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 14th Sept, 2015

By GrowBinary Research & Analysis Team

EUR/JPY going up wave by wave

The pair had a very good week gaining 430 pips since the Monday open till Friday close. We think that this is the result of a regular gradual buying. Today's morning was neutral for the rate, however we see potential for retracement towards Friday low near Pivot S1 support and farther Midpivot. In the end, the upward trend should remain unaffected and possible test of 136.00 or 135.70 should awake plenty of demand.

We suggest CALL options below 136.40 (today's Pivot Point) and also 136.00, all with end-of-day expiry.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 14th Sept, 2015

By GrowBinary Research & Analysis Team

GBP/USD sliding down from double top

The pair made double top pattern recently dropping down significantly and bouncing a little bit from the bottom a 1.5370. We expect price to continue marching south from around 1.5400 where 38.2 Fibonacci offers some intraday resistance as well as 50% Fibonacci retracement just 20 pips higher. We expect the day close below 1.5400, maybe near current bottom.

In this scenario PUT options from between 1.5400-1.5420 would seem appropriate in next couple hours till NY session close.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

 

GrowBinary - Market Analysis and News - 15th Sept, 2015

By GrowBinary Research & Analysis Team

AUD/USD going up but not without correction

The pair is reversing loses from the beginning of September approaching resistance levels at 0.7170 and 0.7200. Rapid correction made during the night dragged price lower to recent support area around 0.7100 that extends to 0.7080 - Pivot Support 1.

We expect good opportunity for CALL options from this area with end-of-day expiry.

For more in depth Research & Analysis please visit GrowBinary.

Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.