Binary Options Weekly February 2-6 2015

The week of February 2nd, brings 15 new market events for forex binary traders. Pay special attention to the U.S. Factory Orders on Tuesday, may have an effect on the USD/JPY.

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

  1. Spanish Unemployment Change: Published on Monday at 08:00 GMT. The market expects a score of -32.4K. If the outcome is -29.8K or more, PUT on EUR/USD. If the result is -87.0K or less, CALL option on EUR/USD.
  2. U.K. Manufacturing PMI: Monday, 09:30. Exp. 52.9. 53.2 or more, CALL GBP/USD. 52.2 or less, PUT GBP/USD.
  3. U.S. ISM Manufacturing PMI: Monday, 15:00. Exp. 54.9.  55.9 or more, CALL USD/JPY. 54.5 or less, PUT USD/JPY.
  4.  U.K. Construction PMI: Tuesday, 09:30. Exp. 56.9. 57.9 or more, CALL GBP/USD. 56.5 or less, PUT GBP/USD.
  5. Canadian RMPI: Tuesday, 13:30. Exp. -4.6%. –3.8% or higher PUT USD/CAD. –6.2% or lower, CALL USD/CAD.
  6. U.S. Factory Orders: Tuesday, 15:00. Exp. -1.8%. -0.5% or higher CALL USD/JPY. -2.0% or lower, PUT USD/JPY.
  7. Japanese Average Cash Earnings: Wednesday, 01:30. Exp. 1.6%. 1.8% or higher PUT USD/JPY. -0.2% or lower, CALL USD/JPY.
  8. U.K. Services PMI: Wednesday, 09:30. Exp. 56.6. 57.0 or more CALL GBP/USD. 55.4 or less, PUT GBP/USD.
  9. U.S. ADP Non-Farm Employment Change: Wednesday, 13:15. Exp. 221K.  254K or more, CALL USD/JPY. 213K or less, PUT USD/JPY.
  10. U.S. ISM Non-Manufacturing PMI: Wednesday, 15:00. Exp. 56.6.  57.1 or more, CALL USD/JPY. 55.8 or less, PUT USD/JPY.
  11. Australian Retail Sales: Thursday, 00:30. Exp. 0.3%. 0.4% or higher CALL AUD/USD. 0.0% or lower, PUT AUD/USD.
  12. German Factory Orders: Thursday, 07:00. Exp. 1.4%. 1.7% or higher, CALL EUR/USD. -2.8% or lower, PUT EUR/USD.
  13.  U.S. Unemployment Claims: Thursday, 13:30. Exp. 277K. 282K or more, PUT USD/JPY. 262K or less, CALL USD/JPY.
  14. Swiss Retail Sales: Friday, 08:15. Exp. 0.4%. 0.6% or higher PUT USD/CHF. -1.7% or lower, CALL USD/CHF.
  15. U.K. Trade Balance: Friday, 09:30. Exp. -9.0B. -8.5B or more, CALL GBP/USD. -9.6B 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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