Daily Binary Options Market Setup 23 Nov 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: EUR/USD, USD/CAD, Gold and Vodafone.

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November 23rd main market events:

Forex Binary Options-

  1. German Ifo Business Climate: Friday, 09:00. Exp. 99.6. 100.4 or more, CALL EUR/USD. 99.2 or less, PUT EUR/USD.
  2. Canadian Core CPI: Friday, 13:30. Exp. 0.3%. 0.4% or higher, PUT USD/CAD. 0.1% or lower, PUT USD/CAD.

Gold Binary Options-

  1. U.K. BBA Mortgage Approvals: Friday, 09:30. Exp. 32.3K. 32.8K or more, CALL on Gold. 31.8K or less, PUT on Gold.

Technical Analysis for GBP/JPY-

  • Current range: 119.77 to 133.48
  • Further levels in both directions: Below, for PUT Options: 129.65, 126.02, 123.92 and 119.77
  • Above, for CALL options: 132.65, 133.48  and 135.13.
  • Very important support, at 135.13. still far away.
  • Very important resistance is at 126.02, doesn’t appear to be close by.
  • Chart is on a 1 day scale.

Click here to enlarge the graph.

Daily stock to trade-

Vodafone Group Public Limited Company (VOD): Current(Nov.22, 12) 25.36. 25.40 or higher, CALL on VOD. 25.33 or lower, PUT on VOD. Trading Vodafone is available on 24option



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