During the session today, there is no important data released except for April’s Industrial Production data in Britain. With GUP performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.
EUR/USD
The EUR/USD pair has shown a long position momentum, and we are buyer of call on dips. Support is found at 1.1270/1.1200 and resistance at 1.1400/1.1450.
USD/JPY
We like buying put options on pips as long as the USD/JPY pair has rallied with correction in short term period. Resistance is found at 124.50/125.0 and support at 122.0/121.5.
GBP/USD
As the GBP/USD pair is in sideways in short term period, we would begin to buy call option on dips. Resistance is found at 1.5490/1.5530, and support at 1.5350/1.5300.
[Tips]
All the information mentioned above is for reference only. FX77 team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us at
All the information mentioned above is for reference only. FX77 team will keep an eye on the market and set the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please follow us at
http://www.fx77.com/?lang=en&B&campaign=170
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