Daily Binary Options Market Setup 05 March 2013


Binary options trading covers more than a few market fields including: forex, gold price, oil and major stock(Facebook, Apple, Oracle, etc.). Tomorrow, March 5th, main assets are: USD/JPY, AUD/USD, Gold and the British Pound.

March  4-5 main market events:

Daily stock to trade-

Big Ben with city bus and flag of England, London

 

 

 

Trading the Pound GBP/USD: Current(March 04) 1.5061. 1.5083 or higher, CALL on GBP/USD. 1.5012 or lower, PUT on GBP/USD. Trading GBP/USD is available on 24option

 

 

 

 

 

Forex Binary Options-

Binary option forex pairs can be traded on GlobalTrader365.

  1. Australian Retail Sales: Tuesday, 00:30. Exp. 0.4%. 0.5%  or higher, CALL AUD/USD. -0.3% or lower, PUT AUD/USD.
  2. Japanese Average Cash Earnings:Tuesday, 01:30. Exp. -0.3%. 0.0% or higher, PUT USD/JPY. -2.0% or lower, CALL USD/JPY.
  3. U.K. Services PMI: Tuesday, 09:30. Exp. 51.5. 52.2 or more, CALL GBP/USD. 50.2 or less, PUT GBP/USD.
  4. U.S. ISM Non-Manufacturing PMI: Tuesday, 15:00. Exp. 55.0. 56.1 or more, CALL USD/JPY. 54.7 or less, PUT USD/JPY.

 

Gold Binary Options-

Gold binary options can be traded on anyoption.

  1. U.K. Services PMI: Tuesday, 09:30. Exp. 51.5. 52.2 or more, CALL on Gold. 50.2 or less, PUT on Gold.
  2. U.S. ISM Non-Manufacturing PMI: Tuesday, 15:00. Exp. 55.0. 56.1 or more, PUT on Gold. 54.7 or less, CALL on Gold.

 

Technical Analysis for USD/JPY  –eur usd 04022013

  • Current range: 91.44 to 94.54
  • Further levels in both directions: Below, for PUT Options: 92.97, 92.48,92.06 and 91.44.
  • Above, for CALL options: 93.64, 94.05, 94.30 and 94.54.
  • Very important support, at 94.05. not to far.
  • Very important resistance is at 92.06, which is further away.
  • Chart is on a 1 hour scale.
  • Trading technical analysis on the EUR/JPY is available on ZoneOptions.com

 

Full Disclosure: BOCrunch is affiliated with 24optionZoneOptions.comGlobalTrader365 and anyoption.

These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.

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