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.
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