Forex Binary Options Setups – August 30 – September 3
Non-Farm Payrolls, GDP releases, consumer confidence and many more high risk news event provide opportunities for binary options on currencies. Here are potential setups for forex this week. Binary options can be utilized as an alternative to the traditional stop loss, as a tool for protecting against false breakouts and lots more. One-hour binary options [...]
Unfortunately Pessimistic
One of the main issues on the agenda in Jackson Hole is the double dip recession – what are the odds? Here’s part of the debate, and the No. 1 reason to be pessimistic. The National Bureau of Economic Research (NBER) is the official body responsible for determining cycles of growth and recession. On one [...]
EUR/USD Rises on NFP, But Gains Could Be Capped
US Non-Farm Payrolls dropped by 131K, double the median expectations. This result is very disappointing. EUR/USD leaped from 1.3170 before the release to 1.3220 immediately afterwards. Note that the private sector, which is in the limelight added 71,000 jobs, so the Euro might not have the strength needed to break higher. The unemployment rate remained [...]
EUR/USD Close To Uptrend Support Before NFP
EUR/USD, that enjoyed a sharp rally in a steep uptrend channel, is flirting with the bottom edge of this channel just before the critical release of the NFP. Technical update on this pair.
Video Midweek Update
In a midweek interview on Forex TV, I spoke with Julie Sinha about the current stabilization in price action, tension towards the Non-Farm Payrolls and potential breakouts in a selected currency pairs. Enjoy! Want to see what other traders are doing in real accounts? Check out Currensee. It’s free..
Jobs Hangover Continues? Non-Farm Payrolls Preview
It’s the first week in the month, and Friday brings the king of forex – Non-Farm Payrolls. We’re expecting to see another significant drop in jobs – still the after-effect of the government census, but also a reflection of the slowdown. Here’s a preview for this major release, including things to watch out for, and [...]
Binary Options Setups – August 2-6
This week of forex trading has quite a few market moving events that could provide opportunities for binary options trading – a rather new instrument. Here are 10 market moving events with potential market reactions and binary options setups. Binary options can be used as an alternative to the traditional stop loss, as a tool [...]
EUR/USD Out of Air?
EUR/USD continued pushing forward and touched 1.27. At this point, it seems that the heights aren’t easy for the pair, that still carries debt issues and gloomy forecasts. Update on this pair. Euro/Dollar continued the trend that began with the weak Non-Farm Payrolls on Friday and gradually edged up during the week – from the [...]
Jobs Hangover? Non-Farm Payrolls Preview
The upcoming release of the Non-Farm Payrolls will be a correction from the previous release due to government’s cut in jobs. Here’s a preview for the NFP on July 2nd, and the things to watch out for. The decennial census that was held in May had an impact on Non-Farm Payrolls from the beginning of the year. [...]
Jobless Claims refuse to go down
American unemployment claims rose from 453K to 457K – more risk aversive trading expects currency traders. American unemployment claims disappoint once again – instead of dropping to 447K, they rose from 453K to 457K. While the gap isn’t so big, this adds to the evidence that was seen in the Non-Farm Payrolls – the American [...]
keep looking »
