Binary Options Weekly October 6-10 2014

The week of October 6th, brings 11 new market events. Pay special attention to the German Factory Orders on Monday, may have an effect on the EUR/USD.

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

  1.  German Factory Orders: Published on Monday at 07:00 GMT. The market expects a score of -2.4%. If the outcome is 5.1% or higher, CALL on EUR/USD. If the result is -3.2% or lower, PUT option on EUR/USD.
  2.  Canadian Ivey PMI: Monday, 15:00. Exp. 53.4 . 54.1 or more, PUT USD/CAD. 48.4 or less, CALL USD/CAD.
  3.  Australian Cash Rate: Tuesday, 04:30. Exp. 2.50%. 2.75% or higher, CALL AUD/USD. 2.25% or lower, PUT AUD/USD.
  4.  U.K. Manufacturing Production: Tuesday, 09:30. Exp. 0.2%. 0.4% or higher CALL GBP/USD. 0.1% or lower, PUT  GBP/USD.
  5.  U.S. JOLTS Job Openings: Tuesday, 15:00. Exp. 4.71M. 4.77M or more CALL USD/JPY. 4.64M or less, PUT USD/JPY.
  6.  Japanese Current Account: Wednesday, 00:50. Exp. 0.19T. 0.22T or more, PUT USD/JPY. 0.13T or less, CALL USD/JPY.
  7.  Canadian Housing Starts: Wednesday, 13:15. Exp. 195K. 198K or more, PUT USD/CAD. 190K or less, CALL USD/CAD.
  8.  U.S. Unemployment Claims: Thursday, 13:30. Exp. 291K. 293K or more, PUT USD/JPY. 284K or less, CALL USD/JPY.
  9. Australian Home Loans: Friday, 01:30. Exp. 0.2%. 0.5% or higher, CALL AUD/USD. 0.0% or lower, PUT AUD/USD.
  10. U.K. Trade Balance: Friday, 09:30. Exp. -9.6B. -9.4B or more CALL GBP/USD. -10.4B or less, PUT GBP/USD.
  11. U.S. Import Prices: Friday, 13:30. Exp. -0.5%. -0.4% or higher CALL USD/JPY. -1.1% or lower, 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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