Binary Options Weekly August 4-8 2014

The week of August 4th, brings 19 new market events. Pay special attention to the Euro Zone Retail Sales on Tuesday, may have an effect on the EUR/USD.

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Let’s review the events. All times are GMT.

  1. Australian Retail Sales: Published on Monday at 02:30 GMT. The market expects a score of 0.3%. If the outcome is 0.5% or higher, CALL AUD/USD. If the result is -0.7% or lower, PUT option on AUD/USD.
  2. Spanish Unemployment Change: Monday, 08:00. Exp. -116.3K. -111.9K or more, PUT EUR/USD. -127.2K or less, CALL EUR/USD.
  3. Swiss SVME PMI: Monday, 08:30. Exp. 56.2. 56.5 or more, PUT USD/CHF. 53.6 or less, CALL USD/CHF.
  4. U.K. Construction PMI: Monday, 09:30. Exp. 62.1. 63.0 or more CALL GBP/USD. 59.9 or less, PUT GBP/USD.
  5. Australian Trade Balance: Tuesday, 02:30. Exp. -2.00B. -1.88B or more CALL AUD/USD. -2.04B or less, PUT AUD/USD.
  6. Australian Cash Rate: Tuesday, 05:30. Exp. 2.50%. 2.75% or higher CALL AUD/USD. 2.25% or lower  PUT AUD/USD.
  7. U.K. Services PMI: Tuesday, 09:30. Exp. 58.1. 58.2 or more  CALL GBP/USD. 57.6 or less, PUT GBP/USD.
  8. Euro Zone Retail Sales: Tuesday, 10:00. Exp. 0.4%. 0.5% or higher CALL EUR/USD. -0.2% or lower, PUT EUR/USD.
  9. German Factory Orders: Wednesday, 07:00. Exp. 0.5%. 0.7% or higher CALL EUR/USD. -1.9% or lower, PUT EUR/USD.
  10. Swiss CPI: Wednesday, 08:15. Exp. -0.5%. 0.0% or higher, PUT USD/CHF. -0.7% or lower, CALL USD/CHF.
  11. U.K. Manufacturing Production: Wednesday, 09:30. Exp. 0.7%. 0.8% or higher CALL GBP/USD. -1.5% or lower, PUT GBP/USD.
  12. Italian Prelim GDP: Wednesday, 10:00. Exp. 0.1%. 0.3% or higher CALL EUR/USD. 0.0% or lower, PUT EUR/USD.
  13. U.S. Trade Balance: Wednesday, 13:30. Exp. -44.2B. -43.9B or more, CALL USD/JPY. -45.0B or less, PUT USD/JPY.
  14. Euro Zone Minimum Bid Rate: Thursday, 12:45. Exp. 0.15%. 0.25% or higher CALL EUR/USD. 0.10% or lower, PUT EUR/USD.
  15. U.S. Unemployment Claims: Thursday, 13:30. Exp. 305K. 307K or more, PUT USD/JPY. 300K or less, CALL USD/JPY.
  16. Canadian Ivey PMI: Thursday, 15:00. Exp. 54.1. 55.2 or more, PUT USD/CAD. 46.3 or less, CALL USD/CAD.
  17. Japanese Current Account: Friday, 00:50. Exp. 0.11T. 0.41T or more PUT USD/JPY. 0.07T or less, CALL USD/JPY.
  18. German Trade Balance: Friday, 07:00. Exp. 19.8B. 20.2B or more, CALL EUR/USD. 18.5B or less, PUT EUR/USD.
  19. U.K. Trade Balance: Friday, 09:30. Exp. -8.9B. -8.5B or more  CALL GBP/USD. -9.3B or less, PUT GBP/USD.

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These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

Quick explanations:

CALL options – if the price closes at a higher level than the price you purchased at expiry time, you make 75%. If it closes below, you’re left with 10%.
PUT options – if the price closes under the price you purchased at expiry time, you make 75%. If it closes above, you’re left with 10%.

The data for these news events has been analyzed given previous releases and reactions, current market conditions and more. Significant surprises to market consensus, as given by surveys of economists, normally trigger sharp market reactions that proceed for a long period of time. When some events collide with each other, they can offset each other. So, these events aren’t in the list.

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