Binary Options Weekly May 5-9 2014

The week of May 5th, brings 15 new market events. Pay special attention to the U.S. Trade Balance Tuesday, may have an effect on the USD/JPY.

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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 1.3%. If the outcome is 1.5% or higher, CALL AUD/USD. If the result is -5.5% or lower, PUT option on AUD/USD.
  2. U.S. ISM Non-Manufacturing PMI: Monday, 15:00. Exp. 54.3. 54.5 or more, CALL USD/JPY. 52.8 or less, PUT USD/JPY.
  3. Australian Trade Balance: Tuesday, 02:30. Exp. 1.10B. 1.28B or more, CALL AUD/USD. 1.06B or less, PUT AUD/USD.
  4. U.K. Services PMI: Tuesday, 09:30. Exp. 57.9. 58.2 or more CALL GBP/USD. 57.3 or less, PUT GBP/USD.
  5. Euro Zone Retail Sales: Tuesday, 10:00. Exp. -0.2%. 0.5% or higher CALL EUR/USD. -0.3% or lower, PUT EUR/USD.
  6. U.S. Trade Balance: Tuesday, 13:30. Exp. -40.1B. -39.3B or more CALL USD/JPY. -42.7B or less, PUT USD/JPY.
  7. Canadian Ivey PMI: Tuesday , 15:00. Exp. 54.5. 55.3 or more PUT USD/CAD. 54.1 or less, CALL USD/CAD.
  8. Australian Retail Sales: Wednesday, 02:30. Exp. 0.4%. 0.5% or higher CALL AUD/USD. 0.1% or lower, PUT AUD/USD.
  9. German Factory Orders: Wednesday, 07:00. Exp. 0.3%. 0.8% or higher CALL EUR/USD. 0.1% or lower, PUT EUR/USD.
  10. Canadian Building Permits: Wednesday, 13:30. Exp. 3.9%. -11.6% or higher PUT USD/CAD. 4.1% or lower, CALL USD/CAD.
  11. German Industrial Production: Thursday , 07:00. Exp. 0.2%. 0.6% or higher CALL EUR/USD. 0.0% or lower, PUT EUR/USD.
  12. Swiss CPI: Thursday, 08:15. Exp. 0.1%. 0.5% or higher PUT USD/CHF. -0.2% or lower, CALL USD/CHF.
  13. U.S. Unemployment Claims: Thursday, 13:30. Exp. 328K. 346K or more, PUT USD/JPY. 326K or less, CALL USD/JPY.
  14. German Trade Balance: Friday, 07:00. Exp. 16.9B. 17.2B or more CALL EUR/USD. 15.5B or less, PUT EUR/USD.
  15. U.S. JOLTS Job Openings: Friday , 15:00. Exp. 4.21M. 4.26M or more CALL USD/JPY. 4.13M or less, PUT USD/JPY.

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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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