Daily binary options analysis for january 24, 2017 – binary uno


The EUR/USD binary option is still located at the upper level of the Rising Wedge pattern we have been discussing during the last few weeks. Usd to php exchange rate today The price action has been testing the upper level of the wedge for a second consecutive day.

Above we have the H4 chart of the EUR/USD. Oil futures market history The black arrow points to the current test phase of the Forex pair. Eur usd bloomberg As you see, the price attempts to bounce from the upper level of the wedge. Dow futures market hours If this happens, then we will probably see the EUR/USD at the lower level of the wedge around $1.0700 until tomorrow.

Another test at the lower level of the Wedge might actually lead to a bearish breakout.

Stock market cnn futures If this happens, the wedge will turn out to be confirmed, activating the potential of the pattern. Pound euro exchange rate today If this happens, we will have sufficient reason to pursue a bearish price activity to the psychological support level at $1.0500.

Oil prices held the increase during the last trading session. Usd jpy news After bouncing from the support at $56.00 for a barrel, the price expanded through $55.50 and reached the resistance at $56.00.

The hourly chart of the Brent Crude Oil binary option shows us an interesting pattern that is considered relatively rare. Silver chart 100 years The pattern is marked with the yellow lines on the chart, and it is called Cup with Handle. Us dollar euro exchange rate history The Cup is the rounded figure of the pattern. Pound sterling to us dollar exchange rate The Handle is expressed by the small bearish channel at the right side of the Cup. Exchange rate usd to idr The two red circles on the chart show the breakout through the handle of the cp and the next breakout through the highest point of the handle at $56.00, which confirms the authenticity of the pattern.

In this relation, we expect a further price increase that is likely to run above $56.60 and eventually above $57.00 one barrel. The millionaire next door summary For this reason, the current state of the Oil prices might be a good premise to open long trades after the potential price increase.

The first stock which is part of our portfolio today is the security of Sprint Corporation. Exchange rate to usd The S binary option added only $0.25 per share to its stock price. Equity meaning in tagalog However, this on first sight small amount expanded the value of the security by 2.80%, sending the stock above the psychological resistance at $9.00.

Above you see the H1 chart of the Sprint binary option, showing the yesterday’s price hike. 1 usd to ngn black market Going above $9.00 per share, the price reached the area above $9.20 setting a 30-month high.

See that the January bullish activity of the stock. 1 hkd to usd See that the price action resembles a Rising Wedge pattern that is marked with the yellow lines on our chart. Us dollar to canadian dollar chart The 30-month high of the security is actually set at the upper level of the Wedge, which implies that the stock might undertake a bearish run to the lower level of the Wedge.

The other big mover we will discuss is the binary option of General Electric. Us stock futures cnn The GE binary option was among the losers in the yesterday’s trading session. Binary to decimal converter The price drop of General Electric was for $0.78 per share, which downgraded the value of the security by 2.55%.

The hourly chart of General Electric shows us that the stock is decreasing sharply for a second consecutive day. Euro forecast model Before that, the price has been moving into a bearish channel (yellow) that was broken downwards with the market opening last Friday. Usd to sgd converter During the Friday’s and the yesterday’s trading session, the stock decreased with about $0.50, creating a 75-day low.

The situation on the General Electric chart looks pretty bearish. Binary decoder However, the decrease in the last two days was relatively sharp, meaning that the stock might want to correct in bullish direction before initiating a further decrease below the support area at $29.60.