Daily Binary Options Market Setup 7 May 2013


Binary options trading covers more than a few market fields including: forex, gold price, oil and major stock(Facebook, Apple, Oracle, etc.). Tomorrow, May 7th, main assets are: EUR/USD, USD/CHF, Tata Motors and Gold.

May 7th main market events:

Daily stock to trade-

Tata-Motors-logo

 

Trading Tata Motors Limited (TTM): Current(May 6, 12:01 PM EDT) 27.16. 27.54 or higher, CALL on Tata Motors. 26.63 or lower, PUT on Tata Motors. Trading Tata Motors is available on 24option

 

 

 

Forex Binary Options-

Binary option forex pairs can be traded on GlobalTrader365.

  1. New Zealand Labor Cost Index:Monday, 22:45. Exp. 0.5%. 0.6% or higher, CALL NZD/USD. 0.4% or lower, PUT NZD/USD.
  2. Australian Cash Rate: Tuesday, 04:30. Exp. 3.00%. 3.25% or higher, CALL AUD/USD. 2.75% or lower, PUT AUD/USD.
  3. Swiss SECO Consumer Climate:  Tuesday, 05:45. Exp. -3. -1 or more, PUT USD/CHF. -8 or less, CALL USD/CHF.
  4. French Industrial Production: Tuesday, 06:45. Exp. -0.2%. 0.9% or higher, CALL EUR/USD. -0.4% or lower, PUT EUR/USD.
  5. German Factory Orders: Tuesday, 10:00. Exp. -0.4%. 2.7% or higher, CALL EUR/USD. -0.6% or lower, PUT EUR/USD.

 

Gold Binary Options-

Gold binary options can be traded on anyoption.

  1. French Industrial Production: Tuesday, 06:45. Exp. -0.2%. 0.9% or higher, CALL on Gold. -0.4% or lower, PUT on Gold.
  2. German Factory Orders: Tuesday, 10:00. Exp. -0.4%. 2.7% or higher, CALL on Gold. -0.6% or lower, PUT on Gold.

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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