Friday, January 22, 2016

Binary Options Trading: Technical Analysis on EUR/USD,GBP/USD,USD/JPY, Jan 22,2016


European Central Bank kept its interest rate unchanged on the monetary policy meeting yesterday. Eurozone’s inflation has been challenged,which is expected to strike lower in the following month, announced by Draghi from the press conference. 

EUR/USD
We prefer buying put options as the EUR/USD continues to trade with bearish trend. 
Support:1.0820/1.0780          Resistance:1.0880/1.0900




GBP/USD
Call options can purchased with caution as the GBP/USD is expected to bounce back. 
Support:1.4114/1.4000    Resistance:1.4260/1.4335
  

USD/JPY
We are mainly buyers of call options as the USD/JPY continues to rally. 
Support:117.40/117.20               Resistance:118.14/118.33 


[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 FX77.COM

No comments:

Post a Comment