Technical Analysis on EUR/USD, GBP/USD, GBP/USD, November 17th, 2015

Influenced by the increasing USD index,the EUR/USD has encountered a big slump. What’s more, European Central Bank governor Draghi suggested that ECB would broaden its quantitative easing policy next month and cut the interest rate which has already negative. With that being the case, binary options traders can maintain current trading ideas until December. 

EUR/USD
As the EUR/USD has break down the near-term support, we believe the bearish trend will be continued with opportunity of buying put options.
Support：1.0600/1.0520 
Resistance：1.0725/1.0741

GBP/USD  
Viewed from the 1-hour chart, the GBP/USD is still moving within the range bound, approaching the bottom at 1.5173. Meanwhile, its MACD is bouncing down the 0 axis, which suggests a bearish sentiment. But since the bearish trend has not taken over the main movement, we are cautious of buying put options during the session today. 
Support：1.5173/1.5143
Resistance：1.5225/1.5263 

USD/JPY 
The USD/JPY continues to bounce up and is approaching the previous high position at 123.60. Meanwhile, there is considerable resistance that requires a correction. But since the general trend is bullish, we are mainly buyers of call options. 
Support：122.98/122.80
Resistance：123.60/124.00

[Tips]
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