Binary Options Weekly March 17-21 2014

The week of March 17th, brings 11 new market events. Pay special attention to the Euro Zone Current Account on Friday, can have an effect on the EUR/USD.

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

  1. U.S. TIC Long-Term Purchases: Published on Monday at 13:00 GMT. The market expects a score of 23.4B. If the outcome is 35.4B or more, CALL USD/JPY. If the result is -66.9B or less, PUT option on USD/JPY.
  2. German ZEW Economic Sentiment: Tuesday, 10:00. Exp. 52.8. 56.1 or more, CALL EUR/USD. 52.2 or less, PUT EUR/USD.
  3. New Zealand Current Account: Tuesday, 21:45. Exp. -1.44B. 0.18B or more, CALL NZD/USD. -5.99B or less, PUT NZD/USD.
  4. Japanese Trade Balance: Tuesday, 23:50. Exp. -0.89T. -0.60T or more PUT USD/JPY. -1.90T or less, CALL USD/JPY.
  5. Canadian Wholesale Sales: Wednesday, 12:30. Exp. 1.2%. 1.4% or higher PUT USD/CAD. -1.9% or lower, CALL USD/CAD.
  6. New Zealand GDP: Wednesday, 21:45. Exp. 1.0%. 1.5% or higher CALL NZD/USD. 0.8% or lower, PUT NZD/USD.
  7. German PPI: Thursday, 07:00. Exp. 0.2%. 0.3% or higher CALL EUR/USD. -0.2% or lower, PUT EUR/USD.
  8. U.K. CBI Industrial Order Expectations: Thursday, 11:00. Exp. 5. 8 or higher CALL GBP/USD. 1 or lower, PUT GBP/USD.
  9. U.S. Unemployment Claims: Thursday, 12:30. Exp. 327K. 330K or more, PUT USD/JPY. 314K or less, CALL USD/JPY.
  10. Euro Zone Current Account: Friday, 09:00. Exp. 18.4B. 21.8B or more CALL EUR/USD. 17.4B or less, PUT EUR/USD.
  11. U.K. Public Sector Net Borrowing: Friday, 09:30. Exp. 7.8B. 9.4B or more, PUT GBP/USD. -7.0B or less, 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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