Binary options signals and forecast for 25/1/2016 Have a good start to the week. Today’s forecast and signals for binary options. EURUSD asset.
As always, we will start with economic news that can affect the overall direction of the asset price.
- Germany’s Business Expectations Index (Jan)
- Assessment of the current situation in Germany (Jan)
- German IFO Business Climate Index (Jan)
- Industrial Orders Index (CBI) (Jan)
- Speech by ECB President Draghi
To trade binary options on the news, you need to check the impact of this news in the past. It is convenient to use our calendar, because the postulates say “Predict the future by History.”
Please note that after the weekend, global news begins to move the market. Since we are engaged in daily trading, the main thing for us is to determine the daily trend and find potential assets for trading. For example, if there is a lot of news on Europe today, we need to consider all assets related to the Euro.
Technical analysis of EURUSD.
Now the pair is at the level of 1.08195. After that, it should make a correction in the direction of the bearish trend. However, the correction may not be significant as the 4-hour time frame shows a bullish trend. The target for the movement of the asset is 1.09. (the goal will be achieved within 2 days)
If you divide your deposit to trade with several strategies, we advise you to consider the possibility of transactions with aspiration up to 3 days. Forex assets. The distribution of the deposit by options strategies reduces risks and will allow you to receive signals for binary options more often, for all possible assets.
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