Binary Options Weekly December 23-27 2013


New week starting December 23th, brings 7 new market events. Pay special attention to the U.S. New Home Sales on Tuesday, can have an effect on the USD/JPY. The BOCrunch team wishes you all Happy Holidays!

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

  1. Canadian GDP: Published on Monday at 08:00 GMT. The market expects a score of 0.1%. If the outcome is 0.4% or higher, PUT USD/CAD. If the result is 0.0% or lower, CALL option on USD/CAD.
  2. U.S. Revised UoM Consumer Sentiment: Monday, 15:55. Exp. 82.9. 83.2 or more, CALL USD/JPY. 82.2 or less, PUT USD/JPY.
  3. French Consumer Spending: Tuesday, 08:45. Exp. 0.3%. 0.4% or higher, CALL EUR/USD. -0.4% or lower, PUT EUR/USD.
  4. U.K. BBA Mortgage Approvals: Tuesday, 10:30. Exp. 44.5K. 44.9K or more CALL GBP/USD. 42.1K or less, PUT GBP/USD.
  5. U.S. Core Durable Goods Orders: Tuesday,  14:30. Exp. 0.9%. 1.3%% or higher, CALL USD/JPY. 0.1% or lower, PUT USD/JPY.
  6. U.S. New Home Sales: Tuesday, 16:00. Exp. 449K. 454K or more, CALL USD/JPY. 441K or less, PUT USD/JPY.
  7. U.S. Unemployment Claims: Wednesday, 14:30. Exp. 382K. 389K or more, PUT USD/JPY. 374K or less, CALL USD/JPY.

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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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