Binary Options Weekly Setup June 17–21 2013

New week, starting June 17th, brings 13 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 Tertiary Industry Activity: Published on Monday at 00:50 GMT. The market expects a score of 0.2%. If the outcome is 0.4% or higher, PUT USD/JPY. If the result is -1.7% or lower, CALL option on USD/JPY.
  2. U.K. CPI: Tuesday, 09:30. Exp. 2.6%. 2.8% or higher, CALL GBP/USD. 2.1% or lower, PUT GBP/USD.
  3. U.S. Building Permits: Tuesday, 13:30. Exp. 0.98M. 1.02M or more, CALL USD/JPY. 0.90M or less, PUT USD/CHF.
  4. New Zealand Current Account: Tuesday, 23:45. Exp. -0.64B. -0.55B or more, CALL NZD/USD. -4.42B or less, PUT NZD/USD.
  5. Japanese Trade Balance: Wednesday, 00:50. Exp. -0.89T. -0.47T or more, PUT USD/JPY. -1.09T or less, CALL USD/JPY.
  6. Canadian Wholesale Sales: Wednesday, 13:30. Exp. 0.5%. 0.7% or higher, PUT USD/CAD. 0.0% or lower, CALL USD/CAD.
  7. New Zealand GDP: Wednesday, 23:45. Exp. 0.6%. 1.7% or higher, CALL NZD/USD. 0.3% or lower, PUT NZD/USD.
  8. German PPI: Thursday, 07:00. Exp. 0.0%. 0.2% or higher, CALL EUR/USD. -0.3% or lower, PUT EUR/USD.
  9. German Flash Manufacturing PMI: Thursday, 08:30. Exp. 49.9. 50.1 or more, CALL EUR/USD. 49.0 or less, PUT EUR/USD.
  10. U.K. Retail Sales: Thursday, 09:30. Exp. 0.8%. 1.0% or higher, CALL GBP/USD. -1.4% or lower, PUT GBP/USD.
  11. U.S. Unemployment Claims: Thursday, 13:30. Exp. 345K. 350K or more, PUT USD/JPY. 330K or less, CALL USD/JPY.
  12. Euro Zone Current Account: Friday, 09:00. Exp. 15.1B. 29.9B or more, CALL EUR/USD. 13.9B or less, PUT EUR/USD.
  13. U.K. Public Sector Net Borrowing: Friday, 09:30. Exp. 13.5B. 16.7B or more, PUT GBP/USD. 4.4B or less, PUT GBP/USD.

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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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