Daily Binary Options Market Setup 6 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, NZD/USD, Gold and Coca-Cola.
December 6th main market events:
Daily stock to trade-
Coca-Cola Bottling Co.: Current(Dec.4, 12) 68.63. 68.93 or higher, CALL on Coca-Cola. 67.68 or lower, PUT on Coca-Cola. Trading Coca-Cola is available on 24option
Forex Binary Options-
Binary option forex pairs can be traded on anyoption.
- 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.
- Swiss CPI: Thursday, 08:15. Exp. 0.0%. 0.3% or higher, PUT USD/CHF. -0.1% or lower, CALL USD/CHF.
- German Factory Orders: Thursday, 11:00. Exp. 0.9%. 1.1% or higher, CALL EUR/USD. -3.5% or lower, PUT EUR/USD.
- U.S. Unemployment Claims: Thursday, 13:30. Exp. 381K. 396K or more, PUT USD/JPY. 379K or less, CALL USD/JPY.
- Canadian Ivey PMI: Thursday, 15:00. Exp. 58.8. 59.2 or more, PUT USD/CAD. 57.9 or less, CALL USD/CAD.
Gold Binary Options-
- U.K. Trade Balance: Thursday, 09:30. Exp. -8.8B. -8.1B or more, CALL on Gold. 7.9B- or less, PUT on Gold.
- Euro-Zone Minimum Bid Rate: Thursday, 12:45. Exp. 0.75%. 1.00% or higher, CALL on Gold. 0.50% or lower, PUT 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
These expected market reactions and setups are general market commentary. This is by no means any type of investment advice.Try binary trading with AnyOption