Daily Analysis from FX77, Dec 29, 2014

This year’s final trading week is upon us, with the world getting ready to welcome 2015.
Last week’s trading was quiet as expected, as Christmas was celebrated worldwide. We are expecting another mellow week, with New-Years celebrations begging on Wednesday.
It was another successful week for the USD, gaining ground on most currencies, pushed by a series of positive data from the US. 
The EURO/USD reached a two-year low, heading below 1.22 and ending the week around 1.218, after finding solid support around 1.217 levels.
Wall-Street’s main indices also found new peaks this week, the DOW and the S&P closing the week once again on new all-time highs, and the NASDAQ reaching its highest point since March 2000, at 4800 points.

Key Market data this week:
Tuesday December 30rd:
07:00 – GBP: Nationwide HPI. 
15:00 – USD: CB Consumer Confidence.

Wednesday, December 31th – New Year’s Eve. :
01:45-CNY: Manufacturing PMI
15:00 – USD: Pending Home Sales.

Thursday, January 1st - New Year’s Day:

Friday, January 2nd:
08:55 – EUR: German Manufacturing PMI. 
09:28 – GBP: Manufacturing PMI.
15:00 – USD: Manufacturing PMI.

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis from FX77, Dec 26, 2014

The USD index shapes as a pregnancy line at 90.00. correction may occurred if it can’t breach the resistance in the aftermarket. About the correction to non-USD index and the precious metal is related to Call option for short-term.
Here are some binary option trading advice in current market-available days.

Gold
Resistance:1185 1190
Support:1174 1170
In the short run, the target will be set in between 1185-1193, then it’s applicable to choose Call at 1174.

Silver
Resistance:16.00 16.60
Support:15.50 15.20
Above the level of 15.50 it’s bullish. In the short term, we can choose Call for short-term option at 15.68, set the target at 16.00, because if it has the potential to breach over 16.00, then it will be bullish all the way.

EUR/USD
Resistance:1.2220 1.2300
Support:1.2180 1.2150
Above the level of 1.2165 it’s mainly coming off as bullish. During today, we should choose Put at 1.2190, if it has the chance to breach over 1.2220, then we switch our focus to 1.2300.

USD/JPY
Resistance:120.60 121.00
Support:120.00 119.00
We can choose Put below 120.60 after it get rid of the support. Again, choose Put at somewhere around 120.40, the target is set between 120.00 to 119.50.

GBP/USD
Resistance:1.5550 1.5650
Support:1.5500 1.5450
Last Wednesday t closed at the pressure point over 1.5550. Today let’s choose Call for short-term and set the target at somewhere between 1.5600-1.5680.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis from FX77, Dec 24, 2014

Our senior data analyst Eric indicates that from the perspective of technical analysis, the USD index will meet the rally after breaching below 89.70. Today we can consider choosing Call when it at its peaks and do the same thing at the support position of short-term option. As for gold, it’s a feasible choice to choose Call at 1175.

Here are some binary option trading advice in current market-available days.

Gold

Resistance:1185  1190

Support:1175  1165

Choose Call between 1175-1170 and set the focus on 1185-1200. Once it jumps in between 1185-1190, where is bearish for short-term option, the target may also switch to somewhere near 1180.

Trading view for Gold

Silver:

Resistance:16.00  16.60

Support:15.50  15.20

In the short run it’s bullish near 15.60 while the target lies in somewhere near 16.00. if it met the resistance at 16.00 then choose Put .

Trading view for Silver:

 

EUR/USD

Resistance:1.2300  1.2380

Support:1.2220  1.2150

Look at 1.220 first, it might have a chance to breach the ceiling over its head. During today, we can choose Call above 1.2165.

Trading view for EUR:

 

USD/JPY

Resistance:120.80  121.30

Support:120.00  119.00

It’s unstable in the area 120.80-120.00, once it arrives at 120.80 then choose Put. In the short run, we can choose Call once it gets consolidated at 120.00. firstly, let’s lay our eyes upon 119.50-118.50.

Trading view for JPY:

GBP/USD

Resistance:1.5550  1.5650

Support:1.5500  1.5450

A powerful supportive momentum exists at 1.5500, where you can choose Call for short-term option, while the target is near 1.5550.

Trading view for GBP:

[Tips]

All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment  instructions, please pay more attention to 

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis from FX77, Dec 23, 2014

Our senior data analyst Eric indicates that from the technical point of view, the USD index loses its momentum to going up, plus, the current price appears to be unreasonable and we need to make sure whether it would suddenly fall in the short run. Christmas is in this Friday, since the market is always not very busy on such occasion, there might not be some big changes. Let’s pay attention to the important data from the United States tonight. Since the direction ahead is not very clear, we must wait until the best opportunity to come. In regard to the precious metal and non-USD index, it’s easy to decide to choose Call in the short term, but not advisable to do the same action tomorrow or at weekends.

Here are some binary option trading advice in current market-available days.

Gold

Resistance:1181  1193

Support:1170  1165

In the short run it’s bullish. Same thing happen at 1175-1170 while the target prices at 1185-1200.

Trading view for Gold:

Silver:

Resistance:16.00  16.60

Support:15.50  15.20

Above the level of 15.50 it’s bearish. Just choose Call near 15.60 and set the target at somewhere 16.50, if it rises over 16.00 then the outlook is at 16.50.

Trading view for Silver：

EUR/USD

Resistance:1.2300  1.2380

Support:1.2220  1.2150

During today it’s feasible to choose short-term Call option at 1.2225 but must stop at 1.2200. If it rises over the level of 1.2260 the set the target at 1.2350.

Trading view for EUR

USD/JPY

Resistance:120.20  120.50

Support:119.80  119.00

It’s not advisable to choose Call during today. As the trading view shows below, it might have a chance to fall below the level of support position. Let’s set the target at 119.50-118.50.

Trading view for JPY

GBP/USD

Resistance:1.5680  1.5750

Support:1.5530  1.5600

Once the asset is consolidating and retakes 1.5600 it’s advisable to choose Call, while the target lie in somewhere between 1.5650-1.5700.

Trading view for GBP

[Tips]

All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment  instructions, please pay more attention to us.

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis from FX77, Dec 22, 2014

Technically, the target prices lie in the area 89.50-89.00, and the USD index falls below the level of 89.00, we should focus on 87.70, where there is the support.

Our senior data analyst Eric suggests that today we must not take big steps hastily but make a experiential Call movement on precious metal and non-USD index.
Here are some binary option trading advice in current market-available days.

Gold
Resistance:1201 1215
Support:1194 2185
The unstable area is 1194-1201, and 1185-1215, too. Just choose Call somewhere between 1294-1290 and set the target in 1202-1215.

Silver
Resistance:16.20 16.60
Support:15.80 15.50
Above the level of 15.50 is bullish. Just choose Call for short-term at 15.80, while the target is somewhere near 16.50. but if it rises up over 16.50 then we can expect it could go further at 17.00.

EUR/USD
Resistance:1.2380 1.2480
Support:1.2325 1.2300
If it rises up over 1.2360 then let’s set the targets at 1.2370.

USD/JPY
Resistance:119.00 119.50
Support:1.2325 1.2300
Target: somewhere near 118.00 to 117.50

GBP/ USD
Resistance:1.5680 1.5750
Support:1.5530 1.5600
Choose Call set the target at 1.5660 if it above the watershed level of 1.5600. If it goes on up-slanting further, then the target will be set between 1.5670-1.5750.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis, Dec 18, 2014

Senior data analyst of Fx77.com Eric indicates that the USD index might have the chance to rise up to 89.00 but still need more time to tap the potential to cross over the hurdle of 89.50. besides, it’s more likely that it gets fluctuated at 89.50 and 87.50. Eric recommends that we shouldn’t be paying too much attention on USD but switching our focus to gold and non-USD index, they are poised to go up anytime. If they do, including the precious metal, just choose Call.
Here are some binary option trading advice in current market-available days.
Gold
Resistance:1203 1220
Support:1193 2189
When we lay our eyes upon movement , we can see the odds of rising are in favor of the area 1195-1190. The finishing-line for resistance maybe at 1235, then it’s green lights for going all the way up.

Silver
Resistance:16.30 17.00
Support:15.60 15.30
Around 15.50 it’s bearish. Choose Call at 15.70 maybe higher at 16.50.

EUR/USD
Resistance:1.2380 1.2480
Support:1.2325 1.2300
Above the level of 1.2300 it’s bearish. Choose Call between 1.2325 to 1.2300.

USD/ JPY
Resistance:119.00 119.50
Support:117.50 117.00
Above the level of 119.00 it’s bullish. Let’s set the target between 117.50 to 117.00.

GBP/USD
Resistance:1.5650 1.5780
Support:1.5550 1.5500
Let’s set the target at somewhere between the 1.56250 to 1.5700, and choose Call around 1.5560.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.
http://www.fx77.com/inte?lang=en&lrx

Technical Analysis, Dec 17, 2014

Technical Analysis, Dec 17, 2014 
Technically, the USD index will be facing a continuous falling after 88.00. The only thing we need to know today is to focus on the declination of it. Let’s set the target between 87.00 and 86.50 if it is over the boundary of 77.60. The gold could have the possibility to rise up, or maybe not. Our senior data analyst Eric suggests us to be more careful with decisions today , since the Federal Reserve’s rate decision is about to be released.
Here are some binary option trading advice in current market-available days.

Gold
Resistance:1203 1220
Support:1194 2190
Look at the area between 1190-1203, it has the potential to rise up any minute . And it is conspicuous that it comes off as a up-slanting movement between 1195-1190. It goes downward from 1120 to 1240 , which is obvious to see.

Silver
Resistance:16.30 17.00
Support:15.60 15.30
In the short run you can choose Call option at 15.65, or maybe higher, 16.05. If it can’t be held at 15.50 then you’d better stop, wait until it consolidates it’s position.

EUR/ USD
Resistance:1.2550 1.2620
Support:1.2480 1.2435
Above the level of 1.2450 you can choose Call option. And 1.2475, 1.2550, 1.2620, for that matter.

USD/JPY
Resistance:118.00 118.50
Support:117.50 117.00
In the wake of a big slump yesterday, today the movements fluctuate between 117.50-115.50.


GBP/USD

Resistance:1.57600 1.5820
Support:1.5700 1.5680
Choose Call somewhere around 1.5700 as it comes off a bearish sight. Let’s set the target between 1.5760 and 1.5800.


[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.

http://www.fx77.com/inte?lang=en&lrx

Technical Analysis, Dec 16,2014

Technically, the USD index is still waiting for a chance to swoop in. On the whole, it’s bearish below the level 88.65 and as soon as the gate at 88.00 opens, it might be still dropping. If you are looking for some support you may just look at the area around 88.20. The overall non-US was unstable yesterday, affected by the news of gold price falling down, you can choose to Call options once it consolidates. In addition, the assets like non-US currencies are also having a slight chance of becoming bullish. AUD versus USD was repeatedly getting supported near 0.8200, thus you can think about choosing Call, but remember to stop once it drops at 0.8200 so as to avoid the risks.

Here are some binary option trading advice in current market-available days.

Gold

Resistance:1200 1220

Support:1194 2190

Today the gold fluctuates very frequently, it seems like there is no chance to resist 1190 as it is trying to going forward. You may consider buy in Call options between 1193-1190 once it stands firmly, and 1205, for that matter.

Trading view for Gold

Silver

Resistance:16.50  17.00

Support:16.00  15.80

You can choose short-term Call option at 16.05, even though it’s not very clear to judge the accurate direction as it’s fluctuating up and down. Choose Put when it goes back to 16.55, and any location near it.

Trading view for Silver

EUR/USD

Resistance:1.2480  1.2570

Support: 1.2430  1.2400

Choose Call option between 1.2430-1.2400 , let’s set the target at 1.2380 first, then make a move again when it gets rid of the pressure at 1.2490.

Trading view for EUR

USD/JPY

Resistance:118.00  118.50

Support: 117.50  117.00

USD/JPY are not that strong today, and there is a big chance that it can’t be held at 117.50 for very long. You may think about choose Put options between 118.30-118.

Trading view for JPY

GBP/USD

Resistance: 1. 5700  1.5800

Support: 1.5630  1.5600

Choose Call option between 1.5630-1.5600, which can be done again as long as the closing price doesn’t end up at 1.5600.

Trading view for GBP

[Tips]

All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment  instructions, please pay more attention to us.

http://www.fx77.com/?lang=en&lrx

Technical Analysis, Dec 15,2014

Technical Analysis, Dec 15,2014 

Technically, the USD index came to a dead end at 89.50 and then kept going down all the way, and it might stop falling any further at 87.00. Let’s pay extra attention at the supporting position 88.00. Besides the USD index’s falling below level 88.65, other assets like non-USD currency index and precious metals is bullish. Today the spotlight will be the multiple future direction of EUR and GBP after the get rid of the resistance.
Here are some binary option trading advice in current market-available days.

Gold
Resistance: 1225 1240
Support: 1215 1200
In the short run the gold will fluctuate unsteadily, you can consider choose Call regarding the level above 1200. The target is temporarily set at 1240 as soon as the movement going upward from 1215, then this is a signal to choose Call.

Silver
Resistance: 17.00 17.50
Support: 16.75 16.50
It’s bullish above 16.50, at 16.50 still is but not in 18.00 any longer or maybe somewhere between 17.50-18.00.

EUR/USD
Resistance:1.2480 1.2570
Support: 1.2430 1.2400
In this section we can buy in Call option for EUR as soon as the chance emerges between 1.2430-1.2400. Once the first-stage pressure 1.2380 is conquered, then there is Bullish waiting ahead.

USD/JPY
Resistance: 119.00 119.50
Support: 118.00 117.50
Choose Call below 119.50 since it’s bearish. The target lies in somewhere between 118.00-117.00.

GBP/ USD
Resistance:1.5750 1.5800
Support: 1.5700 1.5665

Above 1.5660 is bullish and still will be upward in the short term. The target is somewhere between 1.5750-1.5800.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.

http://www.fx77.com/?lang=en&lrx

Technical Analysis, Dec 10,2014 from FX77

Technical Analysis, Dec 10,2014 from FX77
Eric, our senior data analyst from Fx77 indicates that given the global stock market is under the weather and the incoming big event Greek president-election really makes the situation looks worse than it already does, prices for gold and some mainstream currencies such as JPY are going up rapidly at the moment, pushed by the risk-evading emotions spreading cross the whole market. by analyzing the price movement, we can see the non-U.S dollar has the biggest chance to call the shots. Eric also suggests that we should consider buying in Call options under the category of precious metal index, gold and non-USD currencies index.
Here are some binary option trading advice in current market-available days.
Gold
Resistance: 1230 1250 
Support: 1220 1215
It’s feasible to choose Call option at the consolidation $1220/ Ounce, aim at somewhere between $1230/ Ounce - $1235/ Ounce.



Silver 
Withholding at around 16.80 first , then skip to 17.15-17.50 afterwards.
Reisistance:17.15  17.50 
Support: 16.85   15.60




EUR/ USD
Resistance: 1.2400  1.2480
Support:1.2350  1.2225 
EUR/ USD performs up-slanting trend above 1.2300. It’s worthy to consider swooping in around 1.2350 once it stands firmly. In the short run it’s bullish ranged from 1.2400-1.2480.




USD/ JPY 
Resistance: 120.00  120.50
Support: 119.00  118.10
This time we only focus on the upward movements. Somewhere near 120.00 and the target lies in 118.00.



GBP/ USD
Resistance: 1.5700  1.5800
Support: 1.5640  1.5600
GBP/ USD is bullish above 1.5600. Today we can choose Call option around 1.5640 and aim at 1.5700-1.5780 in the short run.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more signal-providing services and investment  instructions, please pay more attention to us.

http://www.fx77.com/?lang=en&lrx

Technical Analysis from fx77 option

To sum up, the non-USD currencies index are quite active today, while commodities lose its momentum so investors may think about buying in gold as a alternative choice to avoid the underlying risks. But we can not overlook the fact that once it falls below 89.00 as the threshold then the aftermarket is going to be bullish. What we need to do is clear our mind and choose Call option as soon as the price movement gives out hope. As before-mentioned, now that buying gold could be a risk-evading strategy, it could be easy for investors to decide. Climbing above 1220 again won’t be a challenge. As for commodities, let’s wait for the table turn.
 Gold 
Resistance: 1210 1220
Support : 1195 1190
In the short run the gold will swing back and forth $1200/ Ounce. Once it consolidates around $1195/ Ounce then we can consider buying in Call options. In the first half the peaks stayed near  $1210/ Ounce, if it is able to reach $1210/ Ounce then continuing to reach $1220/ Ounce is not a problem.
Trading view for Gold:



Silver
Resistance: 16.50  17.00
Support :16.00  15.80
In the short term silver will linger around the area 16.00-16.50, so still, Call options for silver. Let’s set the gold between 16.50-17.00.
Trading view for Silver:

EUR/USD
Resistance:1.2375  1.2420
Support : 1.2300  1.2250
The lowest triangle shape is a key moment to choose Call option. Best opportunity to choose Call option comes around 1.2280 , the situation between 1.2350-1.2400 is bullish.
Trading view for EUR:

USD/JPY
Resistance:121.00  121.50
 Support : 120.15  119.90
The volatility is obvious to see, first it plummeted to 119.90 then it rose up to 121.20 afterwards. The target is somewhere near 121.20 but this time we switch to Put options.
Trading view for JPY:

GBP/USD
Resistance:1.5600  1.5800
Support : 120.15  119.90
GBP/USD hold the place again at 1.5600, in the near term we can focus on the area 1.5650-1.5700 and consider choosing Call option.

[Tips]
All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more signal-providing services and investment  instructions, please pay more attention to us.


http://www.fx77.com/?lang=en&lrx