Daily Binary Options Market Setup 11 Dec 2012

Binary options trading covers more than a few market fields including: forex, gold price, oil and major stock(Facebook, Apple, Oracle, etc.). Today’s main assets are: GBP/JPY, EUR/USD, Gold and Citigroup.

December 10-11 th main market events:

Daily stock to trade-

Citigroup Inc.: Current(Dec.7, 12) 37.64. 37.76 or higher, CALL on Citigroup. 37.57 or lower, PUT on Citigroup. Trading Citigroup is available on 24option



Forex Binary Options-

Binary option forex pairs can be traded on anyoption.

  1. German ZEW Economic Sentiment:Tuesday, 10:00. Exp. -11.4. -10.9  or more, CALL EUR/USD. -16.3 or less, PUT EUR/USD.


Gold Binary Options-

  1. U.K. RICS House Price Balance:Tuesday, 00:01. Exp. -5%. -3% or higher, CALL on Gold. -8% or lower, PUT on Gold. Gold binary options can be traded on 24option.


Technical Analysis for GBP/JPY (Dragon)-

  • Current range: 130.62 to 132.84
  • Further levels in both directions: Below, for PUT Options: 131.75, 131.38 and 130.62
  • Above, for CALL options: 132.14, 132.41 and 132.84.
  • Very important support, at 132.84. Still very far.
  • Very important resistance is at 131.38, doesn’t appear to be close by.
  • Chart is on a 1 hour scale.
  • Trading the GBP/JPY is available on ZoneOptions.com


Full Disclosure: BOCrunch is affiliated with 24optionZoneOptions.com 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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