Daily Binary Options Market Setup 07 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 7th, main assets are: USD/JPY, AUD/USD, Gold and Amazon.com stock.

March  6-7 main market events:

Daily stock to trade-

Amazon-logo1

 

Trading Amazon.com Inc.(AMZN): Current(March 06, 11:20AM EST) 272.47. 275.80 or higher, CALL on Amazon.com. 268.55 or lower, PUT on Amazon.com. Trading Amazon.com is available on 24option

 

 

 

 

 

Forex Binary Options-

Binary option forex pairs can be traded on GlobalTrader365.

  1. Australian Trade Balance: Thursday, 00:30. Exp. -0.51B. -0.40B or more, CALL AUD/USD. -0.56B or less, PUT AUD/USD.
  2. German Factory Orders: Thursday, 11:00. Exp. 0.6%. 0.9% or higher, CALL EUR/USD. 0.4% or lower, PUT EUR/USD.
  3. European Minimum Bid Rate: Thursday, 12:45. Exp. 0.75%. 1.00% or higher, CALL EUR/USD. 0.50% or lower, PUT EUR/USD.
  4. U.S. Unemployment Claims: Thursday, 13:30. Exp. 356K. 362K or more, PUT USD/JPY. 342K or less, CALL USD/JPY.
  5. Japanese Current Account: Thursday, 23:50. Exp. 0.11T. 0.13T or more, PUT USD/JPY. 0.09T or less, CALL USD/JPY.

 

Gold Binary Options-

Gold binary options can be traded on anyoption.

  1. German Factory Orders: Thursday, 11:00. Exp. 0.6%. 0.9% or higher, CALL on Gold. 0.4% or lower, PUT on Gold.
  2. European Minimum Bid Rate: Thursday, 12:45. Exp. 0.75%. 1.00% or higher, CALL on Gold. 0.50% or lower, PUT on Gold.
  3. U.S. Unemployment Claims: Thursday, 13:30. Exp. 356K. 362K or more, CALL on Gold. 342K or less, PUT on Gold.

 

Technical Analysis for USD/JPY  –eur usd 04022013

  • Current range: 91.53 to 94.54
  • Further levels in both directions: Below, for PUT Options: 93.06, 92.44, 92.06 and 91.53.
  • Above, for CALL options: 93.69, 94.05, 94.28 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 USD/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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