Binary Options Weekly Setup August 5–9 2013

New week, starting August 5th, brings 12 new market events. Pay special attention to the Australian Trade Balance on Tuesday, can have an effect on the AUD/USD.

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

  1. Spanish Services PMI: Published on Monday at 08:15 GMT. The market expects a score of 48.4. If the outcome is 48.8 or more, CALL EUR/USD. If the result is 47.3 or less, PUT option on EUR/USD.
  2. Italian Services PMI: Monday, 08:45. Exp. 46.6. 47.0 or more, CALL EUR/USD. 45.5 or less, PUT EUR/USD.
  3. U.K. Services PMI: Monday, 09:30. Exp. 57.4. 57.8 or more, CALL GBP/USD. 56.4 or less, PUT GBP/USD.
  4. U.S. ISM Non-Manufacturing PMI: Monday, 15:00. Exp. 53.2. 53.7 or more, CALL USD/JPY. 51.9 or less, PUT USD/JPY.
  5. Australian Trade Balance: Tuesday, 02:30. Exp. 0.81B. 0.88B or more, CALL AUD/USD. 0.62B or less, PUT AUD/USD.
  6. Australian Cash Rate: Tuesday, 05:30. Exp. 2.75%. 3.00% or higher, CALL AUD/USD. 2.50% or lower, PUT AUD/USD.
  7. German Factory Orders: Tuesday, 11:00. Exp. 1.1%. 1.4% or higher, CALL EUR/USD. -1.9% or lower, PUT EUR/USD.
  8. Australian Home Loans: Wednesday, 02:30. Exp. 2.2%. 2.5% or higher, CALL AUD/USD. 1.5% or lower, PUT AUD/USD.
  9. Swiss CPI: Wednesday, 08:15. Exp. -0.3%. 0.2% or higher, PUT USD/CHF. -0.5% or lower, PUT USD/CHF.
  10. Canadian Building Permits: Wednesday, 13:30. Exp. 6.2%. 6.5% or higher, PUT USD/CAD. 4.1% or lower, CALL USD/CAD.
  11. Japanese Current Account: Thursday, 00:50. Exp. 0.73T. 0.85T or more, PUT USD/JPY. 0.55T or less, CALL USD/JPY.
  12. U.S. Unemployment Claims: Thursday, 13:30. Exp. 336K. 340K or more, PUT USD/JPY. 325K or less, CALL 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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