Binary Options Weekly Setup May 6–10 2013

New week, starting May 6th, brings 16new market events. Pay special attention to the Australian Retail Sales on Monday, can have an effect on the AUD/USD.

24option, is a respected provider recommended by BOCrunch.

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

  1. Australian Retail Sales: Published on Monday at 01:30 GMT. The market expects a score of 0.2%. If the outcome is 1.6% or higher, CALL AUD/USD. If the result is 0.0% or lower, PUT option on AUD/USD.
  2. Euro Zone Retail Sales: Monday, 09:00. Exp. -0.1%. 0.0% or higher, CALL EUR/USD. -0.5% or lower, PUT EUR/USD.
  3. Canadian Building Permits: Monday, 12:30. Exp. 0.7%. 2.0% or higher, PUT USD/CAD. 0.4% or lower, CALL USD/CAD.
  4. Canadian Ivey PMI: Monday, 14:00. Exp. 58.3. 61.9 or more, PUT USD/CAD. 58.0 or less, CALL USD/CAD.
  5. New Zealand Labor Cost Index: Monday, 22:45. Exp. 0.5%. 0.6% or higher, CALL NZD/USD. 0.4% or lower, PUT NZD/USD.
  6. Australian Cash Rate: Tuesday, 04:30. Exp. 3.00%. 3.25% or higher, CALL AUD/USD. 2.75% or lower, PUT AUD/USD.
  7. Swiss SECO Consumer Climate:  Tuesday, 05:45. Exp. -3. -1 or more, PUT USD/CHF. -8 or less, CALL USD/CHF.
  8. French Industrial Production: Tuesday, 06:45. Exp. -0.2%. 0.9% or higher, CALL EUR/USD. -0.4% or lower, PUT EUR/USD.
  9. German Factory Orders: Tuesday, 10:00. Exp. -0.4%. 2.7% or higher, CALL EUR/USD. -0.6% or lower, PUT EUR/USD.
  10. Swiss CPI: Wednesday, 07:15. Exp. 0.1%. 0.3% or higher, PUT USD/CHF. 0.0% or lower, CALL USD/CHF.
  11. German Industrial Production: Wednesday, 10:00. Exp. -0.1%. 0.7% or higher, CALL EUR/USD. -0.3% or lower, PUT EUR/USD.
  12. U.K. Manufacturing Production: Thursday, 08:30. Exp. 0.4%. 1.0% or higher, CALL GBP/USD. 0.2% or lower, PUT GBP/USD.
  13. U.S. Unemployment Claims: Thursday, 12:30. Exp. 333K. 338K or more, PUT USD/JPY. 322K or less, CALL USD/JPY.
  14. Japanese Current Account: Thursday, 23:50. Exp. 0.48T. 0.55T or more, PUT USD/JPY. -0.14T or less, CALL USD/JPY.
  15. U.K. Trade Balance: Friday, 08:30. Exp. -8.9B. -8.2B or more, CALL GBP/USD. -9.7B or less, PUT GBP/USD.
  16. U.S. Federal Budget Balance: Friday, 18:00. Exp. 93.9B. 99.7B or more, CALL USD/JPY. -120.0B or less, PUT USD/JPY.

If you are interested in binary options, see our unique Bonus Offer from 24option, for BOCrunch binary option traders.

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.

Try binary trading with AnyOption

Leave a Comment