Binary Options Weekly June 2-6 2014

The week of May 12th, brings 23 new market events. Pay special attention to the U.K. Manufacturing PMI on Monday, may have an effect on the GBP/USD.

24option, is a respected provider recommended by BOCrunch.

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

  1. Japanese Capital Spending: Published on Monday at 00:50 GMT. The market expects a score of 5.7%. If the outcome is 6.2% or higher, PUT USD/JPY. If the result is 3.9% or lower, CALL option on USD/JPY.
  2. Australian Building Approvals: Monday, 02:30. Exp. 2.1%. 2.3% or higher, CALL AUD/USD. -3.8% or lower, PUT AUD/USD.
  3. Spanish Manufacturing PMI: Monday, 08:15. Exp. 52.6. 52.9 or more, CALL EUR/USD. 52.3 or less, PUT EUR/USD.
  4. Swiss SVME PMI: Monday, 08:15. Exp. 55.7. 56.0 or more PUT USD/CHF. 55.5 or less, CALL USD/CHF.
  5. U.K. Manufacturing PMI: Monday, 09:30. Exp. 57.1. 57.5 or more CALL GBP/USD. 56.9 or less, PUT  GBP/USD.
  6. U.S. ISM Manufacturing PMI: Monday, 15:00. Exp. 55.7. 55.9 or more CALL USD/JPY. 54.6 or less, PUT USD/JPY.
  7. New Zealand Overseas Trade Index: Monday , 23:45. Exp. 1.9%. 2.5% or higher CALL NZD/USD. 1.7% or lower, PUT NZD/USD.
  8. Australian Retail Sales: Tuesday, 02:30. Exp. 0.3%. 0.5% or higher CALL AUD/USD. 0.0% or lower, PUT AUD/USD.
  9. Australian Cash Rate: Tuesday, 05:30. Exp. 2.50%. 2.75% or higher CALL AUD/USD. 2.25% or lower, PUT AUD/USD.
  10. U.K. Construction PMI: Tuesday, 09:30. Exp. 61.2. 61.5 or more CALL GBP/USD. 60.6 or less, PUT  GBP/USD.
  11. Euro Zone CPI Flash Estimate: Tuesday, 10:00. Exp. 0.7%. 0.8% or higher CALL EUR/USD. 0.5% or lower, PUT EUR/USD.
  12. U.S. Factory Orders: Tuesday, 15:00. Exp. 0.6%. 1.3% or higher CALL USD/JPY. 0.4% or lower, PUT USD/JPY.
  13. Australian GDB: Wednesday, 02:30. Exp. 0.9%. 1.1% or higher CALL AUD/USD. 0.7% or lower, PUT AUD/USD.
  14. U.K. Services PMI: Wednesday, 09:30. Exp. 58.7. 59.0 or more CALL GBP/USD. 58.0 or less, PUT  GBP/USD.
  15. U.S. ADP Non-Farm Employment Change: Wednesday, 13:15. Exp. 217K. 222K or more CALL USD/JPY. 215K or less, PUT USD/JPY.
  16. Australian Trade Balance: Thursday, 02:30. Exp. 0.53B. 0.85B or more CALL AUD/USD. 0.41B or less, PUT AUD/USD.
  17. German Factory Orders: Thursday, 07:00. Exp. 1.3%. 1.5% or higher CALL EUR/USD. -3.1% or lower, PUT EUR/USD.
  18. Euro Zone Minimum Bid Rate: Thursday, 12:45. Exp. 0.10%. 0.50% or higher CALL EUR/USD. 0.00% or lower, PUT EUR/USD.
  19. U.S. Unemployment Claims: Thursday, 13:30. Exp. 321K. 324K or more, PUT USD/JPY. 317K or less, CALL USD/JPY.
  20. Canadian Ivey PMI: Thursday, 15:00. Exp. 58.6. 58.9 or more PUT USD/CAD. 53.9 or less, CALL USD/CAD.
  21. German Trade Balance: Friday , 07:00. Exp. 14.3B. 15.0B or more CALL EUR/USD. 14.0B or less, PUT EUR/USD.
  22. Swiss CPI: Friday, 08:15. Exp. 0.2%. 0.4% or higher PUT USD/CHF. -0.2% or lower, CALL USD/CHF.
  23. U.K. Trade Balance: Friday, 09:30. Exp. -8.7B. -8.1B or more CALL GBP/USD. -9.0B or less, PUT GBP/USD.

If you are interested in binary options, see our unique Bonus Offer from 24option, for BOCrunch binary option traders.

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.

Full Disclosure: BOCrunch is affiliated with  24option and anyoption .

Try binary trading with AnyOption

Leave a Comment