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GrowBinary - Market Analysis and News - 28th Sept, 2015
By GrowBinary Research & Analysis Team
USD/CHF bullish momentum expected today.
The pair is obviously in buoyant tone for some time now and we see the edge in current setup in early London trading. We expect bullish momentum to hold and boost price towards Pivot R1 and eventually Pivot R2 in today's trading. The edge comes from closeness of a 0.9790/0.9800 support level at today's Pivot Point. If this level got broken a significant long squeeze should take place pulling rate lower to S1 and probably S2 support levels.
We recommend CALL options above 0.9800 and PUT options after break below 0.9790.
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 - 28th Sept, 2015
By GrowBinary Research & Analysis Team
EUR/USD quadruple bottom out of two double bottoms
The pair formed a second double bottom in last two days pointing out to the possibility of an upward move targeting 1.1370, 1.1450 and eventually 1.1670/1.1700 after extending move. Facing an obvious ongoing accumulation of Euros we are bulls on the EUR/USD pair unless price will break lower through 1.1000 barrier level.
We suggest CALL options to benefit from upcoming near term upward trend.
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.