Binary Options Weekly Setup July 22–26 2013

New week, starting July 22nd, brings 14 new market events. Pay special attention to the U.S. New Home Sales Wednesday, can have an effect on the USD/JPY.

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

  1. U.S. Existing Home Sales: Published on Monday at 15:00 GMT. The market expects a score of 5.27M. If the outcome is 5.37M or more, CALL USD/JPY. If the result is -0.4% or lower, CALL option on USD/CHF.
  2. U.K. BBA Mortgage Approvals: Tuesday, 09:30. Exp. 38.5K. 38.9K or more, CALL GBP/USD. 35.7K or less, PUT GBP/USD.
  3. Canadian Core Retail Sales: Tuesday, 13:30. Exp. 0.1%. 0.2% or higher, PUT USD/CAD. -0.5% or lower, CALL USD/CAD.
  4. New Zealand Trade Balance: Tuesday, 23:45. Exp. -102M. 88M or more, CALL NZD/USD. -160M or less, PUT NZD/USD.
  5. Japanese Trade Balance: Wednesday, 00:50. Exp. -0.58T. -0.47T or more, PUT USD/JPY. -0.93T or less, CALL USD/JPY.
  6. Australian CPI: Wednesday, 02:30. Exp. 0.5%. 0.6% or higher, CALL AUD/USD. 0.3% or lower, PUT AUD/USD.
  7. U.K. CBI Industrial Order Expectations: Wednesday, 11:00. Exp. -12. -10 or more, CALL GBP/USD. -20 or less, PUT GBP/USD.
  8. U.S. New Home Sales: Wednesday, 15:00. Exp. 482K. 488K or more, CALL USD/JPY. 470K or less, PUT USD/JPY.
  9. New Zealand Official Cash Rate: Wednesday, 22:00. Exp. 2.50%. 2.75% or higher, CALL NZD/USD. 2.25% or lower, PUT NZD/USD.
  10. German Ifo Business Climate: Thursday, 09:00. Exp. 106.3. 106.6 or more, CALL EUR/USD. 105.7 or less, PUT EUR/USD.
  11. U.K. Prelim GDP: Thursday, 09:30. Exp. 0.6%. 0.8% or higher, CALL GBP/USD. 0.1% or lower, PUT GBP/USD.
  12. U.S. Unemployment Claims: Thursday, 13:30. Exp. 339K. 342K or more, PUT USD/JPY. 336K or less, CALL USD/JPY.
  13. Tokyo Core CPI: Friday, 00:30. Exp. 0.3%. 0.4% or higher, PUT USD/JPY. 0.1% or lower, CALL USD/JPY.
  14. U.S. Revised UoM Consumer Sentiment: Friday, 14:55. Exp. 84.0. 84.5 or more, CALL USD/JPY. 83.5 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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