Daily Binary Options Market Setup 7 February 2013


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, GBP/USD, USD/JPY, Gold and Tata stock.

February  6-7 main market events:

Daily stock to trade-

Tata-Motors-logo

 

Tata Motors Limited (ADR): Current(Feb 06, 12:24PM EST) 27.20. 27.52 or higher, CALL on Tata. 27.06 or lower, PUT on Tata. Trading Tata is available on 24option

 

 

 

 

Forex Binary Options-

Binary option forex pairs can be traded on GlobalTrader365.

  1. Swiss SECO Consumer Climate: Thursday, 06:45. Exp. -11. -8 or more, PUT USD/CHF. -19 or less, CALL USD/CHF.
  2. U.K. Manufacturing Production: Thursday, 09:30. Exp. 0.7%. 0.9% or higher, CALL GBP/USD. -0.5% or lower, PUT GBP/USD.
  3. German Industrial Production: Thursday, 11:00. Exp. 0.2%. 0.4% or higher, CALL EUR/USD. -0.2% or lower, PUT EUR/USD.
  4. Euro Zone Minimum Bid Rate: Thursday, 12:45. Exp. 0.75%. 1.00% or higher, CALL EUR/USD. 0.50% or lower, PUT EUR/USD.
  5. U.S. Unemployment Claims: Thursday, 13:30. Exp. 361K. 371K or more, PUT USD/JPY. 356K or less, CALL USD/JPY.
  6. Japanese Current Account: Thursday, 23:50. Exp. 0.24T. 0.27T or more, PUT USD/JPY. 0.21T or less, CALL USD/JPY.

 

Gold Binary Options-

  1. U.K. Manufacturing Production: Thursday, 09:30. Exp. 0.7%. 0.9% or higher, CALL on Gold. -0.5% or lower, PUT on Gold.
  2. U.S. Unemployment Claims: Thursday, 13:30. Exp. 361K. 371K or more, CALL on Gold. 356K or less, PUT on Gold.
  3. Gold binary options can be traded on anyoption.

 

Technical Analysis for EUR/USD  –eur usd 04022013

  • Current range: 1.3352 to 1.3698
  • Further levels in both directions: Below, for PUT Options: 1.3506, 1.3441 and 1.3352
  • Above, for CALL options: 1.3581, 1.3627, 1.3660 and 1.3698.
  • Very important support, at 1.3698. Still  far.
  • Very important resistance is at 1.3441, which is further away.
  • Chart is on a 1 hour scale.
  • Trading technical analysis on the EUR/USD is available on ZoneOptions.com

 

Full Disclosure: BOCrunch is affiliated with 24optionZoneOptions.comGlobalTrader365 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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