FX77 Option: July 2015

Thursday, July 30, 2015

Technical Analysis From FX77 Option, 30/07/2015

Not mentioning interest rate hike decision, Fed claimed that American economy has expanded mildly in the past several months with labor market and employment improving . Unemployment rate has declined, with inflation rate in low level, long term inflation is anticipated to keep steady. Interest rate hike requires more time for current inflation is still lower than expectation.

During the session today, KOF Leading Indicator (July)will see light in Switzerland, with Unemployment Change and Unemployment Rate released in German. CPI(YoY)(July) will also see light in Germany. We will anticipate Economy Sentiment Index to be released in Eurozone, and GDP(YoY)(Q2) is schemed to publish in the US. With certain underlying assets 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 continues to show bearish momentum which offer short-term trading opportunity of buying put option. Resistance is found at 1.1050/1.1100 and support at 1.0920/1.0870.

USD/JPY
As the USD/JPY continues to show bullish sentiment, we are buyers of call options on dips. Resistance is found at 124.50/124.80 and support at 123.80/123.50.

GBP/USD
The GBP/USD pair has bounced around with consolidation, so we would like to buy put option. Resistance is found at 1.5650/1.5700 and support at 1.5550/1.5500.

[Tips]
All the information mentioned above is for reference only. FX77 Option 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&FB&campaign=170

Wednesday, July 29, 2015

Technical Analysis from FX77 Option,29/07/2015

As Greece has taken action according to previous agreement with other Eurozone countries, long position did not appear in EUR with loose currency policy existed. Fed’s interest rate decision will see light on today’s evening, which can surely move the market further.

During the session today, Mortgage Approval of Central Bank of England will see light in Britain, with Pending Home Sales(June) released in the US. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
As the EUR/USD pair continues to show bearish sentiment, we like buying put option in short trading session. Resistance is found at 1.1100/1.1130 and support at 1.1000/1.0950.

USD/JPY
The USD/JPY has bounced around with consolidation, which provides opportunity of buying call option on dips. Resistance is found at 123.60/124.10 and support at 123.00/122.50.

GBP/USD
Since the GBP/USD pair has shown limited momentum when going up, we are buyers of put option. Resistance is found at 1.5650/1.5700 and support at 1.5550/1.5500.

[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
http://www.fx77.com/?lang=en&B&campaign=170

Tuesday, July 28, 2015

Technical Analysis From FX77 Option, 28/07/2015

IMF yesterday claimed that European Central Bank should put more effort to prevent possible damage on Eurozone economy caused by Greek issue,especially prolong QE duration and increase assent inventory when necessary. European Central Bank continues to suppress EUR’s pullback that form a support for USD. F

During the session today, Preliminary GDP(YoY)(Q2) will see light in Britain, with IPPI(June) index released in Canada. S&P/CS HPI Composite-20 s.a.YoY will also see light in the US,as well as CB Consumer Confidence data and Richmond Manufacturing index released in America at 22:00. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
Since the EUR/USD pair has encountered considerable pressure when going up, we are buyers of put option. Resistance is found at 1.1130/1.1150 and support at 1.1000/1.0950.

USD/JPY
The USD/JPY pair continues to rally that provides opportunity of buying put option. Resistance is found at 123.80/124.10 and support at 123.00/122.50.

GBP/USD
As the GBP/USD pair continues to bounce around with bullish sentiment, we are buyers of call option on dips. Resistance is found at 1.5620/1.5670 and support at 1.5500/1.5450.

Monday, July 27, 2015

Technical Analysis From FX77 Option, 27/07/2015

Data released on Friday shows that Manufacturing PMI data for France, Germany and Eurozone are all acting weakly. With that influence, EUR has bounced around with bearish sentiment, which has once hit 1.0925. Data from the US are mingled with hope and fear, not creating more momentum for USD while EUR has pulled back with consolidation.
During the session today, IFO Business Climate Index(July) will see light in Germany, with CBI Industrial Trends Orders(July) released in Britain. We also anticipate the release of Durable Goods Order in the US. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
Since the EUR/USD pair has encountered pressure when going up, we would like to buy put options in short-term session. Resistance is found at 1.1050/1.1100 and support at 1.0980/1.0930.

USD/JPY
The USD/JPY pair continues to consolidate, which provides us opportunity of buying put option. Resistance is found at 123.80/124.10 and support at 123.00/122.50.

GBP/USD
As the GBP/USD pair has bounced around with bullish momentum, we are buyers of call options on dips. Resistance is found at 1.5550/1.5600 and support at 1.5500/1.5450.

Thursday, July 23, 2015

Technical Analysis From FX77 Option, 23/07/2015

Data of Existing House Sale, Inflation Rate and House Price Index released yesterday all indicated that handicaps faced by American economy is retreating with strengthened USD, which on the contrary will post an obstacle to interest rate hike of Fed. On the other hand, European Central Bank has added its upper limit of Emergency Liquidity Assistance to Greece to 0.9 billion Euro, adding the ELA into 91 billion Euro.

During the session today, Retail Sales(June)(MoM) will see light in Britain, with Jobless Claim(July)released in the US. We also anticipate Retail Sales(May) released in Canada. With certain underlying assets 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 continues to be bullish which provides opportunity of buying call option. Resistance is found at 1.0980/1.1050 and support at 1.0900/1.0850.

USD/JPY

As the USD/JPY pair continues to show long position sentiment, we are buyers of call option on dips. Resistance is found at 124.40/124.80 and support at 123.80/123.30.

GBP/USD

Since the GBP/USD has bounced around with bullish momentum, we favor buying call options on dips. Resistance is found at 1.5680/1.5730 and support at 1.5580/1.5550.

http://www.fx77.com/?lang=en&B&campaign=170

Monday, July 20, 2015

Technical Analysis From FX77 Option,20/07/2015

After Greece’s issue has achieved initial success and Iranian nuclear issue’s new progress, risk incident in the market have been considerably released, which has lowered the risk-aversion emotion in the market. According to the data released by CFTC on Friday, investors has increased long position for the USD, hitting the high limit for the past five weeks. For this reason, non-USD currencies are facing great pressure when going up.

EUR/USD

The EUR/USD pair is in a bearish trend, which provides us buying put opportunity. Resistance is found at 1.0860/1.0900 and support at 1.0800/1.00750.

USD/JPY

Since the USD/JPY pair continues to bounce around with consolidation, we are buyers of put option. Resistance is found at 124.30/124.60 and support at 123.80/125.50.

GBP/USD

As the GBP/USD pair has shown a sign of bearish momentum, we like buying put option. Resistance is found at 1.5630/1.5680 and support at 1.5560/1.5500.

[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

http://www.fx77.com/?lang=en&B&campaign=170

Friday, July 17, 2015

Technical Analysis From FX77 Option, 17/07/2015

European Central Bank Governor Draghi’s statement on the press conference yesterday revealed that Eurozone economy situation remained fragile, which made it necessary to sustain a loose policy. EUR has almost hit the bottom of the past half and one month against USD. With strong economy data released from the US, interest rate hike is supposed to happen in September.

During the session today, Housing Start data(June) and Building Permits of June will see light in the US, with CPI(MoM) of June released in Canada and America. We also anticipate Michigan Consumer Expectation at 22:00. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD

The EUR/USD continues to be bearish, which provides us opportunity to buy put option. Resistance is found at 1.0950/1.1000 and support at 1.0850/1.0800.

USD/JPY

Since the USD/JPY pair has consolidated, we like buying put option. Resistance is found at 124.30/124.60 and support at 123.80/123.50.

GBP/USD

As the GBP/USD pair has shown a sign of bullish sentiment, we are buyers of call option on dips. Resistance is found at 1.5680/1.5750 and support at 1.5600/1.5500.

[Tips]

http://www.fx77.com/?lang=en&FB&campaign=170

Thursday, July 16, 2015

Technical Analysis From FX77 Option,16/07/2015

During the session yesterday, the Fed chairman Yellen made a statement of possible interest rate hike in Financial Service Commission, which disputably will strengthen the bullish momentum of USD. Data shows that the US PPT of June has added 0.4%, better than the expected 0.2%. American PPI(excluding energy and food) has added 0.3% compared to last month, which is the fastest growth rate since October last year. EUR continues to act weakly against USD, while during today interest rate decision made by European Central Bank will lead EUR to a new direction.

During the session today, Retail Sales(YoY) of May will see light in Switzerland with CPI(YoY) released in Eurozone. We will anticipate the interest rate decision from European Central Bank and Initial Jobless Claim from America.With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
Since the EUR/USD pair has bounced around with upward trend, we like buying call options on dips. Resistance is found at 1.1000/1.1050 and support at 1.0900/1.0850.

USD/JPY
The USD/JPY has rallied with purchase opportunity of put option. Resistance is found at 124.00/124.50 and support at 123.50/123.00.

GBP/USD
As GBP/USD pair continues to show signs of bullish momentum, we would like to buy call option on dips. Resistance is found at 1.5700/1.5750 and support at 1.5580/1.5500.

Wednesday, July 15, 2015

Technical Analysis from FX77 Option, 15/07/2015

The global market has released from Greek crisis with investors converting their focus to European and American policy. The market did not react strongly to American weak Retail Sales data released yesterday, more focus is shifted to Yellen’s testimony.

During the session today, Employment Rate(June) will see light in Britain, with ZEW Expectations(July) released in Switzerland . At 20:30, NY Empire State Manufacturing Index(July) will see light in the US along with Industrial Production(MoM). Interest rate decision of Bank of Canada will be made at 22:00.With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
We found that the EUR/USD pair has bounced around with bullish momentum, so we would like to buy call option on dips. Resistance is found at 1.1080/1.1150 and support at 1.0980/1.0950

USD/JPY
Since the USD/JPY pair continues to rally, we are buyers of put option. Resistance is found at 123.80/124.30 and support at 123.00/122.50.

GBP/USD
We like buying call options on dips since the GBP/USD has shown a sign of bullish sentiment. Resistance is found at 1.5700/1.5750 and support at 1.5600/1.5550.

Tuesday, July 14, 2015

Technical Analysis From FX77 Option, 14/07/2015

Eurozone has come to preliminary agreement on Greece Issue after a tough negotiation, leaving enormous problems to be solved. However, the risk of Greek exit from Euro ground has been dismissed, with market being boosted.

During the session today, we will anticipate CPI(YoY) data from German and Britain, with ZEW economic sentiment index(July) released in German. Retail Sales(June) will see light in the US. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
We have short-term trading opportunity with call option since the EUR/USD pair has bounced around with upward trend. Resistance is found at 1.1100/1.1150 and support at 1.0950/1.0900.

USD/JPY
The USD/JPY pair has offered us opportunity to buy put with its consolidation. Resistance is found at 123.80/124.30 and support at 122.80/122.00.

GBP/USD
Since the GBP/USD pair has show a sign of bearish sentiment, we are buyers of put option. Resistance is found at 1.5550/1.5600 and support at 1.5450/1.5400.

Monday, July 13, 2015

Trading Signal( July 13th, 2015)

The dollar rose against the other major currencies on Monday, as investors turned their attention to prospects for higher U.S. interest rates later this year after euro zone leaders reached an agreement on a new bailout for Greece. Time to trade the currency?

http://www.fx77.com/?lang=en&B&campaign=170

Tuesday, July 7, 2015

Technical Analysis From FX77 Option, 07/07/2015

According to the data released by CFTC, forex market investors are eliminating the long position of USD, while EUR continues to show bearish momentum. Data show that USD long position has fallen to 251.1 hundred million dollars from the previous 260.7. EUR trading position has rose to 100,035 euro from 99,306, reflecting the uncertainty of Greek debt default.

During the session today, Halifax House Price of June(MoM) will see light at 15:00 in Britain, with Industrial Production (MoM) of May released at 16:00. We are also anticipating Trade Balance(May) to be released in Canada and America.With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD

As the EUR/USD pair continues to show bearish sentiment, we are buyers of put option. Resistance is found at 1.1080/1.1130 and support at 1.0950/1.0900.

USD/JPY

We like buying call option on dips, since the USD/JPY pair has acted strongly with bullish momentum. Resistance is found at 123.30/123.80 and support at 122.50/122.00.

GBP/USD

As the GBP/USD pair is in a bearish trend, we are considering buying put option. Resistance is found at 1.5630/1.5680 and support at 1.5530/1.5450.

[Tips]

http://www.fx77.com/?lang=en&B&campaign=170

Thursday, July 2, 2015

Tenical Anaylysis from FX77 Option,02/07/2015

The US private sector job number increased 237,000, better that expected 218,000, which hit the highest growth since Dec,2014. ISM Manufacturing Index of June rose to 53.5 from 52.8 in June, creating a new record during those five months. Improving American economy data will lead to a bullish USD.
During the session today, Construction PMI(June) will see light in Britain, with PPI(YoY) released in Eurozone.First-time applications for state unemployment insurance of week June 27th and unemployment rate(June) will see light in America at 20:30. With certain underlying assets performing actively when data see light, FX77 binary option analyst suggest grasping the opportunity to do short-term trading.

EUR/USD
Since USD acted strongly against EUR, we are buyers of put option. Resistance is found at 1.1150/1.1200.

USD/JPY
As the USD/JPY is in bearish trend, we like buying call option. Resistance is found at 123.80/124.30 and support at 122.80/122.20

GBP/USD
The GBP/USD pair continues to show signs of bearish momentum, and we are considering buying put options. Resistance is found at 1.5700/1.5800 and support at 1.5550/1.5500.