Binary Options Gameplan – 12-8-10: USD/JPY at 15 year low…
The USD/JPY currency pair is at a 15 year low, despite the dollar making strong gains against the majors yesterday. As you can see in the chart below, a break of the resistance should kick off this consolidation.
Binary Options Gameplan – 11-8-10: EUR/USD Bearish…
As we noted on this blog just days ago, the EUR/USD finally broke through the ascending channel. This break downwards is significant and could lead to lower prices.
Binary Options Gameplan – 8-8-10: AUD/USD Channel…
The AUD/USD is creating a tight rising channel chart pattern. Most often, this pattern is broken to the downside. When this pattern is broken, expect prices to head lower.
Binary Options Gameplan – 5-8-10: FTSE Bullish…
The FTSE index is close to breaking a key resistance at 5400 which has been building up over the last 2 months. A break should lead to much higher prices, a precursor to a much anticipated economic recovery in Britain.
Binary Options Gameplan – 4-8-10: USDJPY Bearish (continued)…
The USDJPY just hit 8 month lows, after we posted last weekend a significant support line which would lead to lower prices if broken. Now the USDJPY can be expected to continue lower, unless the Federal Reserve changes course towards a strong dollar.
Binary Options Gameplan – 3-8-10: Euro Bullish (continued)…
As we forecast here all of last week, the Euro continued its climb past $1.30. This trend should continue as investors seek strength in the stock markets and divest from the dollar.
Binary Options Gameplan – 29-07-10: Euro Bullish (continued)…
The EUR/USD currency pair finally broke the $1.30 resistance line that we posted here just days ago. This break seems to have high volume and may be the real thing, leading to higher prices and Binary Option Call opportunities.
