Binary Options Weekly January 20-24 2014

The week of January 20th, brings 11 new market events. Pay special attention to the German Flash Manufacturing PMI on Thursday, can have an effect on the EUR/USD.

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

  1. German PPI: Published on Monday at 08:00 GMT. The market expects a score of 0.2%. If the outcome is 0.3% or higher, CALL EUR/USD. If the result is -0.2% or lower, PUT option on EUR/USD.
  2. New Zealand CPI: Monday, 22:45. Exp. 0.0%. 0.3% or higher, CALL NZD/USD. -0.2% or lower, PUT NZD/USD.
  3. German ZEW Economic Sentiment: Tuesday, 11:00. Exp. 63.4. 63.8 or more, CALL EUR/USD. 61.6 or less, PUT EUR/USD.
  4. U.K. CBI Industrial Order Expectations: Tuesday, 12:00. Exp. 11. 14 or more CALL GBP/USD. 9 or less, PUT GBP/USD.
  5. Canadian Manufacturing Sales: Tuesday, 14:30. Exp. 0.4%. 1.3% or higher PUT USD/CAD. 0.2% or lower, CALL USD/CAD.
  6. Australia CPI: Wednesday, 01:30. Exp. 0.5%. 1.4% or higher CALL AUD/USD. 0.4% or lower, PUT AUD/USD.
  7. German Flash Manufacturing PMI: Thursday, 09:30. Exp. 54.7. 55.0 or more CALL EUR/USD. 53.9 or less, PUT EUR/USD.
  8. U.S. Unemployment Claims: Thursday, 14:30. Exp. 331K. 335K or more, PUT USD/JPY. 323K or less, CALL USD/JPY.
  9. U.S. Existing Home Sales: Thursday, 16:00. Exp. 4.99M. 5.12M or more CALL USD/JPY. 4.85M or less, PUT USD/JPY.
  10. U.K. BBA Mortgage Approvals: Friday, 10:30. Exp. 47.2K. 47.5K or more, CALL GBP/USD. 44.7K or less, PUT GBP/USD.
  11. Canadian Core CPI: Friday, 14:30. Exp. -0.4%. 0.0% or higher PUT USD/CAD. -0.6% or lower, CALL USD/CAD.

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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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