Binary Options Weekly January 6-10 2014

First week of 2014, brings 17 new market events. Pay special attention to the German Factory Orders on Wednesday, can have an effect on the EUR/USD. The BOCrunch team wishes you all a Happy New Year!

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

  1. Italian Services PMI: Published on Monday at 09:45 GMT. The market expects a score of 48.9. If the outcome is 49.6 or more, CALL EUR/USD. If the result is 46.5 or less, PUT option on EUR/USD.
  2. UK Services PMI: Monday, 10:30. Exp. 60.4. 60.8 or more, CALL GBP/USD. 50.6 or less, PUT GBP/USD.
  3. U.S. ISM Non-Manufacturing PMI: Tuesday, 16:00. Exp. 54.6. 55.1 or more, CALL USD/JPY. 53.4 or less, PUT USD/JPY.
  4. Australian Trade Balance: Tuesday, 01:30. Exp. -0.30B. -0.28B or more CALL AUD/USD. -0.60B or less, PUT AUD/USD.
  5. German Retail Sales: Tuesday, 08:00. Exp. 0.5%. 0.7% or higher CALL EUR/USD. -1.1% or lower, PUT EUR/USD.
  6. German Unemployment Change: Tuesday, 09:55. Exp. -1K. 12K or more PUT EUR/USD. -6K or lower, CALL EUR/USD.
  7. Euro Zone CPI Flash Estimate: Tuesday, 11:00. Exp. 0.9%. 1.1% or more CALL EUR/USD. 0.7% or lower, PUT EUR/USD.
  8. U.S. Trade Balance: Tuesday, 14:30. Exp. -40.2B. -39.7B or more, CALL USD/JPY. -41.4B or less, PUT USD/JPY.
  9. Canadian Ivey PMI: Tuesday, 16:00. Exp. 55.0. 55.7 or more, PUT USD/CAD. 52.2 or less, CALL USD/CAD.
  10. German Trade Balance: Wednesday, 08:00. Exp. 18.9B. 19.3B or more CALL EUR/USD. 15.6B or lower, PUT EUR/USD.
  11. German Factory Orders: Wednesday, 12:00. Exp. 1.2%. 1.4% or higher CALL EUR/USD. -3.0% or lower, PUT EUR/USD.
  12. U.S. ADP Non-Farm Employment Change: Wednesday, 14:15. Exp. 199K. 225K or more, CALL USD/JPY. 186K or less, PUT USD/JPY.
  13. German Industrial Production: Thursday, 12:00. Exp. 1.6%. 2.2% or higher CALL EUR/USD. -1.6% or lower, PUT EUR/USD.
  14. U.S. Unemployment Claims: Thursday, 14:30. Exp. 337K. 340K or more, PUT USD/JPY. 335K or less, CALL USD/JPY.
  15. French Industrial Production: Friday, 08:45. Exp. 0.6%. 0.8% or higher CALL EUR/USD. -0.5% or lower, PUT EUR/USD.
  16. Swiss CPI: Friday, 09:15. Exp. -0.1%. 0.2% or higher, PUT USD/CHF. -0.3% or lower, CALL USD/CHF.
  17. U.K. Manufacturing Production: Friday, 10:30. Exp. 0.4%. 0.8% or higher CALL GBP/USD. 0.1% or lower, 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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