Binary Options Weekly December 30-3 2013

Lat week of 20013, brings 7 new market events. Pay special attention to the U.S. New Home Saleson Tuesday, can have an effect on the USD/JPY. The BOCrunch team wishes you all a Happy New Year!

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

  1. U.S. Pending Home Sales: Published on Monday at 16:00 GMT. The market expects a score of 1.1%. If the outcome is 1.3% or higher, CALL USD/JPY. If the result is -0.8% or lower, PUT option on USD/JPY.
  2. Australian Private Sector Credit: Tuesday, 01:30. Exp. 0.4%. 0.5% or higher, CALL AUD/USD. 0.2% or lower, PUT AUD/USD.
  3. U.S. CB Consumer Confidence: Tuesday, 16:00. Exp. 76.5. 79.7 or more, CALL USD/JPY. 69.6 or less, PUT USD/JPY.
  4. U.K. Manufacturing PMI: Thursday, 10:30. Exp. 58.3. 58.8 or more CALL GBP/USD. 57.9 or less, PUT GBP/USD.
  5. U.S. Unemployment Claims: Thursday, 14:30. Exp. 334K. 340K or more, PUT USD/JPY. 330K or less, CALL USD/JPY.
  6. U.S. ISM Manufacturing PMI: Thursday, 16:00. Exp. 56.8. 57.7 or more, CALL USD/JPY. 56.2 or less, PUT USD/JPY.
  7. U.K. Nationwide HPI: Friday, 08:00. Exp. 0.8%. 1.0% or higher CALL GBP/USD. 0.5% or lower, PUT GBP/USD.
  8. U.K. Construction: Friday, 10:30. Exp. 62.3. 62.8 or more CALL GBP/USD. 62.0 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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