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.
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