Daily Binary Options Market Setup 8 Jan 2013
Binary options trading covers more than a few market fields including: forex, gold price, oil and major stock(Facebook, Apple, Oracle, etc.). Tody’s main assets are: GBP/USD, AUD/USD, GBP/JPY, Gold and McDonald’s Corporation.
jANUARY 8-9 main market events:
Daily stock to trade-
McDonald’s Corporation.: Current(Jan 8, 8:45AM EST) 90.91. 91.22 or higher, CALL on McDonald’s. 90.70 or lower, PUT on McDonald’s. Trading McDonald’s is available on 24option
Forex Binary Options-
Binary option forex pairs can be traded on anyoption.
- Australian Retail Sales: Wednesday, 00:30. Exp. 0.3%. 0.5% or higher, CALL AUD/USD. -0.2% or lower, PUT AUD/USD.
- German Industrial Production: Wednesday, 11:00. Exp. 1.1%. 1.3% or higher, CALL EUR/USD. -2.9% or lower, PUT EUR/USD.
Gold Binary Options-
- U.K. Trade Balance: Wednesday, 09:30. Exp. -9.0B. -8.6B or more, CALL on Gold. -9.8B or less, PUT on Gold. Gold binary options can be traded on 24option.
- Current range: 138.73 to 142.68
- Further levels in both directions: Below, for PUT Options: 140.46, 139.95, 139.17 and 138.73
- Above, for CALL options: 141.24, 141.51, .142.07 and 142.68.
- Very important support, at 142.07. Still far.
- Very important resistance is at 139.17, closer than appears.
- Chart is on a 1 hour scale.
- Trading the Gold spot 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