Binary Options Weekly Setup August 19–23 2013

New week, starting August 19th, brings 12 new market events. Pay special attention to the U.K. Public Sector Net Borrowing on Wednesday, can have an effect on the GBP/USD.

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

  1. New Zealand PPI Input: Published on Sunday at 08:15 GMT. The market expects a score of 0.6%. If the outcome is 0.9% or higher, CALL NZD/USD. If the result is 0.4% or lower, PUT option on NZD/USD.
  2. Japanese Trade Balance: Monday, 00:50. Exp. -0.73T. -0.55T or more, PUT USD/JPY. -0.80T or less, CALL USD/JPY.
  3. German PPI: Tuesday, 07:00. Exp. 0.2%. 0.4% or higher, CALL EUR/USD. -0.2% or lower, PUT EUR/USD.
  4. Canadian Wholesale Sales: Tuesday, 13:30. Exp. -0.5%. 2.6% or higher, PUT USD/CAD. -0.8% or lower, CALL USD/CAD.
  5. U.K. Public Sector Net Borrowing: Wednesday, 09:30. Exp. -4.8B. 10.5B or more, PUT GBP/USD. -5.5B or less, CALL GBP/USD.
  6. U.S. Existing Home Sales: Wednesday, 15:00. Exp. 5.15M. 5.20M or more, CALL USD/JPY. 5.01M or less, PUT USD/JPY.
  7. French Flash Manufacturing PMI: Thursday, 08:00. Exp. 50.4. 50.8 or more, CALL EUR/USD. 49.2 or lesss, PUT EUR/USD.
  8. German Flash Manufacturing PMI: Thursday, 08:30. Exp. 51.1. 51.6 or more, CALL EUR/USD. 50.3 or lESS, PUT EUR/USD.
  9. U.S. Unemployment Claims: Thursday, 13:30. Exp. 322K. 330K or more, PUT USD/JPY. 315K or less, CALL USD/JPY.\
  10. U.K. Second Estimate GDP: Friday, 09:30. Exp. 0.6%. 1.0% or higher, CALL GBP/USD. 0.3% or lower, PUT GBP/USD.
  11. Canadian Core CPI: Friday, 13:30. Exp. 0.0%. 0.2% or higher, PUT USD/JPY. -0.4% or lower, CALL USD/JPY.
  12. U.S. New Home Sales: Friday, 15:00. Exp. 492K. 499K or more, CALL USD/JPY. 490K 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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