Binary Options Weekly May 4-8 2015

The week of May 4th, brings 16 new market events for forex binary traders. Pay special attention to the Australian Retail Sales on Wednesday, may have an effect on the AUD/USD.

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

  1. Australian Building Approvals: Published on Monday at 02:30 GMT. The market expects a score of -1.7%. If the outcome is -1.5% or higher, CALL on AUD/USD. If the result is -3.4% or lower, PUT option on AUD/USD.
  2. Spanish Manufacturing PMI: Monday, 08:15. Exp. 54.6. 54.7 or more, CALL EUR/USD. 54.1 or less, PUT EUR/USD.
  3. German Final Manufacturing PMI: Monday, 08:55. Exp. 51.9. 52.3 or more, CALL EUR/USD. 51.6 or less, PUT EUR/USD.
  4. U.S. Factory Orders: Monday, 15:00. Exp. 2.1%. 2.3% or higher, CALL USD/JPY. 0.1% or lower, PUT USD/JPY.
  5. Australian Trade Balance: Tuesday, 02:30. Exp. -0.98B. -0.93B or more, CALL AUD/USD. -1.29B or less, PUT AUD/USD.
  6. Spanish Unemployment Change: Tuesday, 08:00. Exp. -64.8K. -59.7K or more, PUT EUR/USD. -65.2K or less, PUT EUR/USD.
  7. UK Construction PMI: Tuesday, 09:30. Exp. 57.6. 57.9 or more, CALL GBP/USD. 57.4 or less, PUT GBP/USD.
  8. U.S. ISM Non-Manufacturing PMI: Tuesday, 15:00. Exp. 56.2. 56.7 or more, CALL USD/JPY. 56.0 or less, PUT USD/JPY.
  9. Australian Retail Sales: Wednesday, 02:30. Exp. 0.4%. 0.8% or higher, CALL AUD/USD. 0.3% or lower, PUT AUD/USD.
  10. UK Services PMI: Wednesday, 09:30. Exp. 58.6. 59.1 or more, CALL GBP/USD. 58.3 or less, PUT GBP/USD.
  11. U.S. ADP Non-Farm Employment Change: Wednesday, 13:15. Exp. 192K. 195K or more, CALL USD/JPY. 187K or less, PUT USD/JPY.
  12. Canadian Ivey PMI: Wednesday, 15:00. Exp. 50.1. 51.2 or more, PUT USD/CAD. 47.6 or less, CALL USD/CAD.
  13. German Factory Orders: Thursday, 07:00. Exp. 1.6%. 1.9% or higher, CALL EUR/USD. –1.2% or lower, PUT EUR/USD.
  14. U.S. Unemployment Claims: Thursday, 13:30. Exp. 275K. 278K or more, PUT USD/JPY. 260K or less, CALL USD/JPY.
  15. Swiss CPI: Friday, 08:15. Exp. 0.1%. 0.4% or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  16. UK Trade Balance: Friday, 09:30. Exp. -9.8B. -8.8B or more, CALL GBP/USD. -10.6B or less, 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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