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GrowBinary - Market Analysis and News

Discussion in 'Forex Daily News & Outlook' started by GrowBinary Support, Aug 17, 2015.

  1. GrowBinary Support

    GrowBinary Support New Member

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    Dear Forum Members!

    Here you can find Market Analysis of Currencies, Indexes, Metals, Oil and others.

    We hope that this information will be helpful for your trading.

    Best Regards,
    GrowBinary Support
     
  2. GrowBinary Support

    GrowBinary Support New Member

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    EUR/CAD posing to move higher today.

    EUR/CAD is heading higher supported by sharp trend line and upbeat price action. We suppose that price will manage to test recent high at 1.4600 today but first it needs to break 1.4575 resistance level. What we see now is an ascending triangle that is emerging and it is nearly completed.

    [​IMG]


    An aggressive strategy would assume CALL option right above trend line.

    Cautious stance would require confirmation which would be a resistance 1.4575 breakout.

    Remember to give an option enough time so the price could make the move - usually for Price Action it would be 2-3 candles.

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  3. GrowBinary Support

    GrowBinary Support New Member

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    EUR/AUD on its way up while risk aversion increases

    EUR/AUD currency pair moves higher in today's trading amid speculations over Chinese slowdown. Chinese stock exchange made another slump during Asia session.

    Pair seems to break downward trend line (correction) and to resume previous trend.

    [​IMG]

    Aggressive CALL option would take place immediately for next 2-3 hours or till the rest of the day.

    Cautious CALL option would take place right after resistance 1.5100 is broken.


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  4. GrowBinary Support

    GrowBinary Support New Member

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    EUR/CAD heading lower after more offers comes to play

    EUR/CAD currency pair is heading lower after sharp reaction to offers sitting around resistance at 1.4440. Price have broken an ascending trendline before yesterday and went into sharp decline yesterday. We predict that bears will prevail also today draging price lower - maybe to next major support area around 1.4300/30.

    [​IMG]


    We think that PUT option between 1.4400 and 1.4440 with end-of-day expiry will be appropriate to benefit from current sentiment.

    [​IMG]


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
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  5. GrowBinary Support

    GrowBinary Support New Member

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    FOMC minutes to be affirmative for bulls on Dollar/Yen

    Later today at GMT 7:00 p.m. FOMC minutes will be released and traders will look for confirmation that Fed's monetary policy is heading to near time rate hike. Though Chinese economy seems to have difficulties we expect FOMC minutes to turn affirmative and to support USD against major currencies.

    [​IMG]

    1/ We think that this event might be an opportunity for traders who are looking for further rise on USD/JPY within an ascending channel above 124.50 - CALL option.

    2/ However, violent break south below 124.00 should be perfect opportunity for very short term PUT options until price will hit 123.00 demand area.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  6. GrowBinary Support

    GrowBinary Support New Member

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    GBP/USD: is this really an upward breakout?

    Cable seems to broke out of a triangle shaped range where price was locked for about 10 days below 1.5660/70 resistance level. This event should spur plenty of demand that is accumulating in the big ascending channel.

    Yesterday's FOMC minutes turned out to be dovish for US Dollar and in the meanwhile Pound became a 'first-to-hike' currency, at least for some economists.

    [​IMG]

    Currently, we see opportunities for 'end-of-day' or next day expiry CALL options as GBP/USD price targets 1.5775/90 with possible extension to 1.5900.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
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  7. GrowBinary Support

    GrowBinary Support New Member

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    EUR/USD gone high and extended with resistance ahead.

    EUR/USD pair hits major mid-term resistance today being pretty extended as a great NY-London overlap is at its peak and today's range equals 113 pips already. We have spotted false breakout with long week to the topside that may be signal of upcoming long-squeeze as London session is going to be over in 67 minutes.

    [​IMG]


    We expect that 3-4 hours PUT option is appropriate to profit from price fading today's gains once London session is over. 1.1190 - 1.1205 seem perfect for strike.

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  8. GrowBinary Support

    GrowBinary Support New Member

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    USD/CHF numerous short term opportunities today.

    We expect a numer short term opportunities on USD/CHF today as the pair from both sides reacts to the global sell off on equity markets. Asian, American and European stocks are deep in red territory and chances that Fed will hike rates anytime soon are getting lower each and every day. Moreover, risks tied with equities sell off are threatening to become a stock market crash which can cause economic slowdown or even stagnation globally. That fact induces demand for Swiss Franc.

    [​IMG]


    Adding supply on USD and demand for CHF, we look for numerous downward opportunities on USD/CHF currency pair today and probably in upcoming days.

    Each time 15 minutes chart will penetrate downward Ichimoku Kumo cloud or 21/34 EMA channel it will be interesting signal for PUT options. Expiry depends on your horizon - the longer option gives you higher probability of success - preferably end-of-day.

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  9. GrowBinary Support

    GrowBinary Support New Member

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    EUR/CAD makes new highs since June last year.

    Today sentiment on the market is highly averted from risk supporting euro against USD and commodity currencies as AUD and CAD. As week comes to an end today we expect further flow towards safety provided by the common currency which will support EUR/CAD - the pair is in specific spot at 12 months record high forcing sellers to either hold losers or unwind them adding to bid side.

    We suppose that CALL option expiring at 10:00 p.m. is still a good pick here as pair should climb higher approaching trading halt.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  10. GrowBinary Support

    GrowBinary Support New Member

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    EUR/USD on the run to 1.1500

    Amid stock markets implosion investors are liquidating massive risky trades adding to heavy 'risk off' sentiment. Commodity currencies and USD continue to fall against safe havens like JPY, CHF and EUR.

    We expect further euro appreciation towards $1.15 what means another upward move of 50+ pips from today's open. Bulls should be dominating all way down to 1.1375 where we see a short term support for bullish positioning.

    [​IMG]


    All levels above 1.1375 should be fine for end-of-day CALL options while very short term traders should be careful watching out on a small correction that may last for around 2-4 hours during the day.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  11. GrowBinary Support

    GrowBinary Support New Member

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    USD/CAD makes sharp bounce after rapid correction

    USD/CAD pair is in persistent uptrend with still strong US Dollar and Canadian Dollar losing its ground due to plunge in oil prices.

    [​IMG]

    Technically, our Ichimoku direction indicator points out to potential upside with 1.3170 support in sight. We expect a violent bounce for the higher top.

    Even as we write this analysis pair made 30 pips.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  12. GrowBinary Support

    GrowBinary Support New Member

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    GrowBinary - Market Analysis and News - 27th Aug 2015
    By GrowBinary Research & Analysis Team

    EUR/USD is to complete AB=CD pattern

    EUR/USD pair is heading lower in early London session down from 1.1360 resistance where 61.8% expansion in current correction is placed. This signal leads us to conclusion, that traders are pushing Euro lower towards 1.1250 where 100% expansion of AB will be reached creating CD equal to AB in AB=CD pattern.

    [​IMG]

    We expect 2-3 hrs PUT option to be appropriate to profit from this move below 1.1300.

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  13. GrowBinary Support

    GrowBinary Support New Member

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    GrowBinary - Market Analysis and News - 28th Aug 2015
    By GrowBinary Research & Analysis Team

    EUR/CAD bouncing from support on month end flows

    Today is the last Friday of the month and day before month end. We expect some appreciation of safe currencies versus commodity currencies on new fears about condition of the Chinese economy.

    EUR/CAD currency pair is currently bouncing from support level 1.4800 where 61.8% Fibonacci retracement is present. Direction indicator points to downward direction with significant resistance level at 1.4930 next to 50% Fibonacci retracement.

    [​IMG]

    Though we expect month end flows to drive EUR/CAD higher towards 1.5100, we suggest to wait with CALL options for confirmation in shape of 1.4930 break.

    Below 1.4800 short term PUT options should be good way to profit from move towards 1.4700 and 1.4650


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  14. GrowBinary Support

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    GrowBinary - Market Analysis and News - 31st Aug 2015
    By GrowBinary Research & Analysis Team

    USD/JPY is in buoyant tone after recovery in last week

    USD/JPY currency pair is doing well after last week's sell off followed by great recovery. On a weekly chart we see great Pinbar which may be somehow confusing while intra-day time frames are suggesting further upward pressure.

    We assume bullish movement today in the morning session as well as for the whole day. In such case we recommend CALL options with 1-3 hours expiry as well as end-of-day.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  15. GrowBinary Support

    GrowBinary Support New Member

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    GrowBinary - Market Analysis and News - 01st Sept, 2015
    By GrowBinary Research & Analysis Team

    USD/CHF is heading higher beating recent peak.

    Last week's peak has been conquered on USD/CHF currency pair and we recognize opportunity for further upward move towards 0.9800 resistance level.
    For couple next hours as well as for next couple days CALL options should allow traders to profit from current rally.

    [​IMG]

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  16. GrowBinary Support

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    GrowBinary - Market Analysis and News - 02nd Sept, 2015
    By GrowBinary Research & Analysis Team

    GBP/USD makes lower lows being pressured by smart money

    Smart money traders are selling Cable to the nuts breaking supports one by one to trigger weak hands' stop orders and not allowing price to retrace for even single higher high. Inability to retrace significantly proves strength of bears and suggest us to use PUT options only in trading GBP/USD today.

    [​IMG]

    Both end of day as well as 2-3 hours expiry PUT options should remain valid. Good resistance areas for today's trading are 1.5340 (still bearish) as well as 1.5400 (risk of reversal).

    [​IMG]


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  17. GrowBinary Support

    GrowBinary Support New Member

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    GrowBinary - Market Analysis and News - 02nd Sept, 2015
    By GrowBinary Research & Analysis Team

    USD/CHF to fade another rally with the day ending

    The pair rallied today once again despite forming double top pattern. However, it is quite probable that the price will fade once more regardless weather it will break out or stay within wedge's range. We expect some downward pressure from profit taking as day is coming to an end. If breakout to the upside will come true it will create opportunity for CALL options - most probably tomorrow.

    [​IMG]

    We see PUT options with end-of-day expiry as appropriate to benefit from upcoming correction.

    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  18. GrowBinary Support

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    GrowBinary - Market Analysis and News - 03rd Sept, 2015
    By GrowBinary Research & Analysis Team

    USD/JPY breaking bearish mood looking for another rally.

    The pair has bounced back from the bottom at 119.50 rising above 120.00 and flipping our direction indicator to the up side. Currently we expect demand from area 120.30 - 119.90 to support price and induce rally towards 120.70 and possibly higher to 121.25.

    [​IMG]

    We recommend 3-4 hours as well as end-of-day CALL options to benefit on this opportunity.


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  19. GrowBinary Support

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    GrowBinary - Market Analysis and News - 04th Sept, 2015
    By GrowBinary Research & Analysis Team

    EUR/USD: traders await today's employment data (NFP)

    The pair was pretty much flat during today's Asian session as traders await for upcoming BLS release which contains Non-Farm Payrolls as well as unemployment rate readings. It is one of the most important monthly published indicators for US economy, therefore we expect irregular volatility and low liquidity in case of US Dollar currencies. We expect labor indicators to come positive staying close to NFP average of 200k. Anything above 217k forecast will be very bullish at least at the very first moment.

    [​IMG]

    Technically, we expect selling pressure to continue below downward Kumo cloud and today's Pivot Point at 1.1150 advising for this currency pair PUT options only.


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
  20. GrowBinary Support

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    GrowBinary - Market Analysis and News - 04th Sept, 2015
    By GrowBinary Research & Analysis Team

    AUD/USD breaks lower out of correction channel

    The pair was recently in a correction in shape of a mild upward channel but yesterday it got broken by sellers just yesterday. We expect continuation move towards 0.6930/15 - Pivot S3 is usually our daily target.

    [​IMG]

    We recommend PUT options below 0.6980 (Pivot S1) and 0.7000 (broken channel). Higher we have strong resistance - Pivot Point at 0.7020 - which is another opportunity for sellers to join the ride.


    For more in depth Research & Analysis please visit GrowBinary.

    Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.
     
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