Binary Options Weekly March 16-20 2015

The week of March 16th, brings 11 new market events for forex binary traders. Pay special attention to the U.S. Building Permits on Tuesday, may have an effect on the USD/JPY.

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

  1. Empire State Manufacturing Index: Published on Monday at 12:30 GMT. The market expects a score of 8.1. If the outcome is 8.3 or more, CALL on USD/JPY. If the result is 7.4 or less, PUT option on USD/JPY.
  2. U.S. NAHB Housing Market Index: Monday, 14:00. Exp. 57. 58 or more, CALL USD/JPY. 53 or less, PUT USD/JPY.
  3. German ZEW Economic Sentiment: Tuesday, 10:00. Exp. 58.9. 61.7 or more, CALL EUR/USD. 51.7 or less, PUT EUR/USD.
  4. U.S. Building Permits: Tuesday, 12:30. Exp. 1.07M. 1.08M or more, CALL USD/JPY. 1.05M or less, PUT USD/JPY.
  5. New Zealand Current Account: Tuesday, 21:45. Exp. -3.12B. -2.76B or more CALL NZD/USD. -5.99B or less, PUT NZD/USD.
  6. Japanese Trade Balance: Tuesday, 23:50. Exp. -1.21T. -0.30T or more PUT USD/JPY. -1.35T or less, CALL USD/JPY.
  7. Canadian Wholesale Sales: Wednesday, 12:30. Exp. 2.1%. –1.6% or higher PUT USD/CAD. -2.8% or lower, CALL USD/CAD.
  8. New Zealand GDP: Wednesday, 21:45. Exp. 0.8%. 1.1% or higher CALL NZD/USD. 0.7% or lower, PUT NZD/USD.
  9. Swiss Trade Balance: Thursday, 07:00. Exp. 2.87B. 3.87B or more PUT USD/CHF. 2.45B or less, CALL USD/CHF.
  10.  U.S. Unemployment Claims: Thursday, 12:30. Exp. 297K. 299K or more, PUT USD/JPY. 288K or less, CALL USD/JPY.
  11. U.K. Public Sector Net Borrowing: Friday, 09:30. Exp. 7.7B. 8.0B or more, PUT GBP/USD. –10.2B or lower, CALL 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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