Binary Options Weekly July 7-11 2014


The week of July 7th, brings 10 new market events. Pay special attention to the Canadian Housing Starts on Wednesday, may have an effect on the USD/CAD.

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

  1. Canadian Building Permits: Published on Monday at 13:30 GMT. The market expects a score of 3.1%. If the outcome is 3.4% or higher, PUT USD/CAD. If the result is 0.8% or lower, CALL option on USD/CAD.
  2. Canadian Ivey PMI: Monday, 15:00. Exp. 51.3. 51.6 or more, PUT USD/CAD. 47.9 or less, CALL USD/CAD.
  3. Japanese Current Account: Tuesday, 00:50. Exp. 0.17T. 0.20T or more, PUT USD/JPY. 0.10T or less, CALL USD/JPY.
  4. German Trade Balance: Tuesday, 07:00. Exp. 15.7B. 18.1B or more CALL EUR/USD. 14.8B or less, PUT EUR/USD.
  5. U.K. Manufacturing Production: Tuesday, 09:30. Exp. 0.5%. 0.6% or higher CALL GBP/USD. 0.3% or lower, PUT GBP/USD.
  6. U.S. JOLTS Job Openings: Tuesday, 15:00. Exp. 4.53M. 4.59M or more CALL USD/JPY. 4.41M or less, PUT USD/JPY.
  7. Canadian Housing Starts: Wednesday, 13:15. Exp. 191K. 200K or more  PUT USD/CAD. 188K or less, CALL USD/CAD.
  8. French Industrial Production: Thursday, 07:45. Exp. 0.5%. 0.7% or higher CALL EUR/USD. 0.2% or lower, PUT EUR/USD.
  9. U.S. Unemployment Claims: Thursday, 13:30. Exp. 316K. 317K or more, PUT USD/JPY. 313K or less, CALL USD/JPY.
  10. Australian Home Loans: Friday, 02:30. Exp. -0.4%. 0.1% or higher CALL AUD/USD. –0.6% or less, PUT AUD/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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