Binary Options Weekly Setup April 8 – 12 2013

New week, starting April 8th, brings 11 new market events. Pay special attention to the U.S. Building Permits on Tuesday, can have an effect on the USD/JPY.

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

  1. Japanese Current Account: Published on Sunday at 23:50 GMT. The market expects a score of 0.46T. If the outcome is 0.48T or more, PUT USD/JPY. If the result is 0.33T or less, CALL option on USD/JPY.
  2. German Industrial Production: Monday, 10:00. Exp. 0.4%. 0.6% or higher, CALL EUR/USD. -0.1% or lower, PUT USD/JPY.
  3. U.K. RICS House Price Balance: Monday, 11:01. Exp. -4%. -2% or higher, CALL GBP/USD. -7% or lower, PUT GBP/USD.
  4. U.K. Manufacturing Production: Tuesday, 08:30. Exp. 0.4%. 0.5% or higher, CALL GBP/USD. -1.9% or lower, PUT GBP/USD.
  5. U.S. Building Permits: Tuesday, 12:30. Exp. 5.3%. 5.8% or higher, CALL USD/JPY. 1.1% or lower, PUT USD/JPY.
  6. French Industrial Production: Wednesday, 06:45. Exp. 0.6%. 0.7% or higher, CALL EUR/USD. -1.4% or lower, PUT EUR/USD.
  7. Japanese Core Machinery Orders: Wednesday, 23:50. Exp. 6.9%. 7.1% or higher, PUT USD/JPY. -14.8% or lower, CALL USD/JPY.
  8. U.S. Unemployment Claims: Thursday, 12:30. Exp. 362K. 390K or more, PUT USD/JPY. 359K or less, CALL USD/JPY.
  9. Japanese Tertiary Industry Activity: Thursday, 23:50. Exp. 0.8%. 1.3% or higher, PUT USD/JPY. -1.4% or lower, CALL USD/JPY.
  10. Euro Zone Industrial Production: Friday, 09:00. Exp. 0.3%. 0.5% or higher, CALL EUR/USD. -0.6% or lower, PUT EUR/USD.
  11. U.S. Prelim UoM Consumer Sentiment: Friday, 13:55. Exp. 78.8. 79.0 or more, CALL USD/JPY. 78.3 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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