Daily Binary Options Market Setup 18 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, NZD/USD, Gold and France Telecom.

December 17-18 main market events:

Daily stock to trade-


France Telecom SA (ADR): Current(Dec.17, 12) 11.11. 11.18 or higher, CALL on France Telecom. 11.06 or lower, PUT on France Telecom. Trading France Telecom is available on 24option



Forex Binary Options-

Binary option forex pairs can be traded on anyoption.

  1. U.K. CPI: Tuesday, 09:30. Exp. 2.6%. 2.9% or higher, CALL GBP/USD. 2.5% or lower, PUT GBP/USD.
  2. New Zealand Current Account:Tuesday, 21:45. Exp. -4.28B. -1.31B or more, CALL NZD/USD. -4.60B or less, PUT NZD/USD.
  3. Japanese Trade Balance: Tuesday, 23:50. Exp. -0.81T. -0.57T  or more, PUT USD/JPY. -0.98T or less, CALL USD/JPY.


Gold Binary Options-

  1. U.S. Current Account: Tuesday, 13:30. Exp. -105B. -101B or more, PUT on Gold. -124B or less, CALL on Gold. Gold binary options can be traded on 24option.


Technical Analysis for Gold spot –

  • Current range: 1683.540 to 1721.790
  • Further levels in both directions: Below, for PUT Options: 1692.070, 1689.047 and 1683.540
  • Above, for CALL options: 1702.530.14, 1714.994 and 1721.790.
  • Very important support, at 1714.994. Still very far.
  • Very important resistance is at 1689.047, might come sooner than expected.
  • Chart is on a 1 hour scale.
  • Trading the Gold spot 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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