Binary Options Weekly October 7-11 2013

New week after a long time away, starting October 7th, brings 24 new market events! Pay special attention to the German Unemployment Change on Tuesday, can have an effect on the EUR/USD.

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

  1. Canadian Building Permits: Published on Monday at 13:30 GMT. The market expects a score of -2.4%. If the outcome is 21.1% or higher, PUT USD/CAD. If the result is -3.1% or lower, CALL option on USD/CAD.
  2. Japanese Current Account: Tuesday, 00:50. Exp. 0.65T. 0.71T or more, CALL USD/JPY. 0.29T or less, PUT USD/JPY.
  3. German Trade Balance: Tuesday, 07:00. Exp. 15.1B. 15.7B or more, CALL EUR/USD. 14.1B or less, PUT EUR/USD.
  4. German Factory Orders: Tuesday, 11:00. Exp. 1.2%. 1.4% or higher, CALL EUR/USD. -2.9% or lower, PUT EUR/USD.
  5. Canadian Trade Balance: Tuesday, 13:30. Exp. -0.7B. -0.5B or more, PUT USD/CAD. -1.1B or less, CALL USD/CAD.
  6. U.K. Manufacturing Production: Wednesday, 09:30. Exp. 0.3%. 0.4% or higher, CALL GBP/USD. 0.1% or lower, PUT GBP/USD.
  7. German Industrial Production: Wednesday, 11:00. Exp. 1.1%. 1.4% or higher, CALL EUR/USD. -1.9% or lower, PUT EUR/USD.
  8. French Industrial Production: Thursday, 07:45. Exp. 0.7%. 0.8% or higher, CALL EUR/USD. -0.8% or lower, PUT EUR/USD.
  9. U.S. Unemployment Claims: Thursday, 13:30. Exp. 307K. 310K or more, PUT USD/JPY. 305K or less, CALL USD/JPY.
  10. U.S. Prelim UoM Consumer Sentiment: Friday, 14:55. Exp. 77.2. 77.8 or more, CALL USD/JPY. 76.9 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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