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On this Monday (Dec.01)
the USD index fell from 88.35 as we expected, while the candlestick charts
showed the movement going back and forth between 87.72 and 88.38. It’s better
not to do anything but wait because the price of USD index has began a slow
slide. Yesterday both the precious metals and non-U.S dollar currencies
rebounded as expected especially the three leading stars —gold, silver and crude oil has come back to
life, while we all thought they were hopeless. Since yesterday the market kicked off a price incensement as high
as nearly 80 dollars for gold since it
opened. The main reason were resulted from technology enhancement and the
current world’s economic measure easing . Plus, the world is goanna make a
final decision on the currencies exchange rate by the end of this week, which
propelled many investors to buy in gold
so as to avoid the hidden risk.
Yesterday the
actual index data 53.5 provided by
deputy brokers from Markit manufacturing industry in the U.K looked better than
53.0 as predicted and the previous 53.2, to some extend this good outcome has
accelerated the appreciation of GBP. Just as our senior data analysts from Fx77
predicted, the GBP would rise up quickly from the position near 1.5600, up to
1.5763.
[ analysis on
FX77 binary option and trading advice]
Senior data
analysts from fx77 think we tone for this month has been set— USD is going
downward slowly as opposed to the
precious metal and the non-U.S currencies will continue to rebound so buying
call option as soon as the low-price slots emerge is a smart choice to make.
Here are some advice on trading binary option in the recent market-available
days.
Gold spot
Obstacle:
1220 1230
Holding-up:
1200 1190
Obstacle: 16.80 17.00
Holding-up: 16.15 15.90
Obstacle: 1.2500 1.2585
Holding-up: 1.2450 1.2400
Obstacle:118.50 119.00
Holding-up: 118.00 117.50
Obstacle:1.5745 1.5830
Holding-up: 1.5700 1.5650
[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.
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