Binary Options Weekly Setup May 20–24 2013

New week, starting May 20th, brings 15 new market events. Pay special attention to the Euro Zone Current Account on Wednesday, can have an effect on the EUR/USD.

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

  1. German PPI: Published on Tuesday at 07:00 GMT. The market expects a score of -0.1%. If the outcome is 0.0% or higher, CALL EUR/USD. If the result is -0.3% or lower, PUT option on EUR/USD.
  2. U.K. CPI: Tuesday, 09:30. Exp. 2.6%. 3.0% or higher, CALL GBP/USD. 2.4% or lower, PUT GBP/USD.
  3. Japanese Trade Balance: Wednesday, 00:50. Exp. -0.61T. -0.48T or more, PUT USD/JPY. -1.08t or less, CALL USD/JPY.
  4. Euro Zone Current Account: Wednesday, 09:00. Exp. 14.2B. 17.2B or more, CALL EUR/USD. 13.9B or less, PUT EUR/USD.
  5. U.K. CBI Industrial Order Expectations: Wednesday, 11:00. Exp. -17. -14 or more, CALL GBP/USD. -29 or less, PUT GBP/USD.
  6. Canadian Core Retail Sales: Wednesday, 13:30. Exp. 0.2%. 1.4% or higher, PUT USD/CAD. 0.9% or lower, CALL USD/CAD.
  7. U.S. Existing Home Sales:  Wednesday, 15:00. Exp. 4.99M. 5.04M or more, CALL USD/JPY. 4.85M or less, PUT USD/JPY.
  8. French Flash Manufacturing PMI: Thursday, 08:00. Exp. 44.8. 45.3 or more, CALL EUR/USD. 44.0 or less, PUT EUR/USD.
  9. U.K. Second Estimate GDP: Thursday, 09:30. Exp. 0.3%. 0.5% or higher, CALL GBP/USD. 0.2% or lower, PUT GBP/USD.
  10. U.S. Unemployment Claims: Thursday, 13:30. Exp. 347K. 362K or more, PUT USD/JPY. 342K or less, CALL USD/JPY.
  11. U.S. New Home Sales: Thursday, 15:00. Exp. 429K. 433K or more, CALL USD/JPY. 412K or less, PUT USD/JPY.
  12. New Zealand Trade Balance: Thursday, 23:45. Exp. 480M. 790M or more, CALL NZD/USD. 410M or less, PUT NZD/USD.
  13. GfK German Consumer Climate: Friday, 07:00. Exp. 6.2. 6.4.2 or more, CALL EUR/USD. 5.9 or less, PUT EUR/USD.
  14. German Ifo Business Climate: Friday, 09:00. Exp. 104.6. 105.1 or more, CALL EUR/USD. 104.1 or less, PUT EUR/USD.
  15. U.S. Core Durable Goods Orders : Friday, 13:30. Exp. 0.6%. 0.8% or higher, CALL USD/JPY. -1.9% or lower, 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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