Daily Binary Options Market Setup 5 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, USD/JPY, Gold and Google.
December 5th main market events:
Daily stock to trade-
Google Inc. (GOOG): Current(Dec.4, 12) 695.25. 695.62 or higher, CALL on Google. 694.89 or lower, PUT on Google. Trading Google is available on 24option
Forex Binary Options-
Binary option forex pairs can be traded on anyoption.
- Australia GDP: Wednesday, 00:30. Exp. 0.6%. 0.7% or higher, CALL AUD/USD. 0.4% or lower, PUT AUD/USD.
- Italian Services PMI: Wednesday, 08:45. Exp. 46.0. 46.6 or more, CALL EUR/USD. 45.5 or less, PUT EUR/USD.
- U.K. Services PMI: Wednesday, 09:30. Exp. 51.1. 51.3 or more, CALL GBP/USD. 50.2 or less, PUT GBP/USD.
- U.S. ADP Non-Farm Employment Change: Wednesday, 13:15. Exp. 127K. 162K or more, CALL USD/JPY. 122K or less, PUT USD/JPY.
- New Zealand Official Cash Rate: Wednesday, 20:00. Exp. 2.50%. 2.75% or higher, CALL NZD/USD. 2.25% or lower, PUT AUD/USD.
Gold Binary Options-
- U.S. ISM Non-Manufacturing PMI: Wednesday, 15:00. Exp. 53.8. 54.4B or more, PUT on Gold. 53.5B or less, CALL on Gold. Gold binary options can be traded on 24option.
Technical Analysis for GBP/JPY (Dragon)-
- Current range: 130.59 to 132.
71 - Further levels in both directions: Below, for PUT Options: 131.87, 131.49 and 130.59
- Above, for CALL options: 132.21, 132.43 and 132.71.
- Very important support, at 132.43. very close support.
- Very important resistance is at 131.49, 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 24option, ZoneOptions.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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