Analytics

Weekly binary options technical forecast January 06 - 10

Weekly binary options technical forecast January 06 - 10

Euro kept strengthening versus the U.S. dollar at the beginning of the past trading week. The upside pressure of EUR/USD was supported by strong demand for call options and the technical sentiment.


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Weekly binary options technical forecast December 30 - January 3

Weekly binary options technical forecast December 30 - January 3

The most popular currency pair had quite a bullish price action this past week. Although the daily chart was not clear in terms of the trend’s direction until Friday, while the hourly timeframe was


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Weekly binary options technical forecast December 23 - 27

Weekly binary options technical forecast December 23 - 27

The American dollar is ready to celebrate Christmas in a good mood! Contrary to concerns, the U.S. economy is not showing any signs of recession. GDP grew by 2.1%, consumer income is 0.1% higher than


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Weekly binary options technical forecast December 16 - 20

Weekly binary options technical forecast December 16 - 20

USD/CHF is trading at the bottom of the sideways range, which used to hold the exchange rate since September 2019. The bearish action might be limited unless a breakout of the support at 0.9800


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Weekly binary options technical forecast December 9 - 13

Weekly binary options technical forecast December 9 - 13

The New Zealand dollar was surprisingly the strongest major currency versus the greenback this past week.


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Weekly binary options technical forecast December 2 - 6

Weekly binary options technical forecast December 2 - 6

Monday evening and bounced off the round-figure support of 1.1000. After peaking at 1.1025, the pair kept declining toward another local bottom of 1.0990.


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Weekly binary options technical forecast November 25 - 29

Weekly binary options technical forecast November 25 - 29

EUR/USD retraced back south from the resistance range, the oscillator reflected that movement immediately by crossing the overbought level from above.


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Weekly binary options technical forecast November 18 - 22

Weekly binary options technical forecast November 18 - 22

The technical sentiment was diverging with the price action as well. Besides weak momentum, the sequence of lower lows on the hourly price chart was followed by higher lows of MACD lines.


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Weekly binary options technical forecast November 11 - 15

Weekly binary options technical forecast November 11 - 15

The intraday trading was headed in one direction as binary options traders were buying only put options this past week. Both MACD lines did not appear above zero, remaining in the negative territory


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Weekly binary options technical forecast November 4 - 8

Weekly binary options technical forecast November 4 - 8

The uptrend accelerated after EUR/USD charted a long downside shadow on the hourly candle and MACD lines spread, going north. However, the bullish momentum exhausted when the pair peaked at 1.1176


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