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.

  1. 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.
  2. Swiss CPI: Thursday, 08:15. Exp. 0.0%. 0.3% or higher, PUT USD/CHF. -0.1% or lower, CALL USD/CHF.
  3. German Factory Orders: Thursday, 11:00. Exp. 0.9%. 1.1%  or higher, CALL EUR/USD. -3.5% or lower, PUT EUR/USD.
  4. U.S. Unemployment Claims: Thursday, 13:30. Exp. 381K. 396K or more, PUT USD/JPY. 379K or less, CALL USD/JPY.
  5. 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-

  1. U.K. Trade Balance: Thursday, 09:30. Exp. -8.8B. -8.1B or more, CALL on Gold. 7.9B- or less, PUT on Gold.
  2. 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

 

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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