Binary Options Weekly December 1-5 2014

The week of December 1st, brings 16 new market events. Pay special attention to the Australian Building Approvals on Tuesday, may have an effect on the AUD/USD.

24option, is a respected provider recommended by BOCrunch.

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

  1.  U.K. Manufacturing PMI: Published on Monday at 10:30 GMT. The market expects a score of 53.1. If the outcome is 53.4 or more, CALL on GBP/USD. If the result is 52.9 or less, PUT option on GBP/USD.
  2. U.S. ISM Manufacturing PMI: Monday, 16:00. Exp. 57.9. 59.4 or more, CALL USD/JPY. 57.6 or less, PUT USD/JPY.
  3.  Australian Building Approvals: Tuesday, 01:30. Exp. 5.2%. 5.6% or higher, CALL AUD/USD. 11.4% or lower, PUT AUD/USD.
  4. Australian Cash Rate: Tuesday, 04:30. Exp. 2.50%. 2.75% or higher, CALL AUD/USD. 2.25% or lower, PUT AUD/USD.
  5. Spanish Unemployment Change: Tuesday, 09:00. Exp. 57.3K. 80.0K or more PUT EUR/USD. 56.5K or less, CALL EUR/USD.
  6. U.K. Construction PMI: Tuesday, 10:30. Exp. 61.2. 61.6 or more CALL GBP/USD. 60.8 or less, PUT GBP/USD.
  7. Australian GDP: Wednesday, 01:30. Exp. 0.7%. 0.9% or higher CALL AUD/USD. 0.4% or lower, PUT AUD/USD.
  8. U.K. Services PMI: Wednesday, 10:30. Exp. 56.6. 57.1 or more CALL GBP/USD. 56.0 or less, PUT GBP/USD.
  9. U.S. ADP Non-Farm Employment Change: Wednesday, 14:15. Exp. 223K. 234K or more, CALL USD/JPY. 220K or less, PUT USD/JPY.
  10. U.S. ISM Non-Manufacturing PMI: Wednesday, 16:00. Exp. 57.5. 57.8 or more, CALL USD/JPY. 56.8 or less, PUT USD/JPY.
  11. U.K. Official Bank Rate: Thursday, 13:00. Exp. 0.50%. 0.75% or higher CALL GBP/USD. 0.25% or lower, PUT GBP/USD.
  12. Euro Zone Minimum Bid Rate: Thursday, 13:45. Exp. 0.05%. 0.15% or higher, CALL EUR/USD. 0.00% or lower, PUT EUR/USD.
  13.  U.S. Unemployment Claims: Wednesday, 14:30. Exp. 297K. 316K or more, PUT USD/JPY. 293K or less, CALL USD/JPY.
  14. Canadian Ivey PMI: Thursday, 16:00. Exp. 53.2. 53.7 or more PUT USD/CAD. 50.9 or less, CALL USD/CAD.
  15.  German Factory Orders: Friday, 08:00. Exp. 0.6%. 0.9% or higher CALL EUR/USD. 0.4% or lower, PUT EUR/USD.
  16. U.S. Factory Orders: Friday, 16:00. Exp. -0.2%. 0.0% or higher, CALL USD/JPY. -0.8% or lower, PUT USD/JPY.

If you are interested in binary options, see our unique Bonus Offer from 24option, for BOCrunch binary option traders.

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.

Full Disclosure: BOCrunch is affiliated with  24option and anyoption .

Try binary trading with AnyOption

Leave a Comment