Binary Options Signals for October 25

Hello dear traders. It’s time to analyze the market and make a forecast of the movement of major foreign exchange assets.
News of the day
We check the economic calendar at the following time:
• USA: 16:00; 17:00; 20:20.
• Eurozone: 11:00; 18:30.
• UK: 5:35 p.m.
The release of news is one of the most unfavorable moments for entering a position.
Let’s move on to technical analysis.

Signals on EURUSD

Let’s analyze the indicator data on the four-hour (H4) timeframe.
• BB: The bands lose their downward slope and move to the neutral position. The price is below the midpoint of the Bollinger band.
• MACD: the bars are consistently increasing and are in the positive zone.
• RSI: the line has resumed growth.
Possible pivot points
Support: 1.0875; 1,0850; 1,0800.
Resistance:1.0900; 1,0925; 1,0960.
Recommendations: we are looking for buy entries only if the resistance level of 1.0900 is broken.

Binary options signals on currency pairs

Signals on GBPUSD

Let’s analyze the data of indicators on H4.
• BB: The bands continue to be in a narrowed neutral position. We are waiting for the denouement in the near future.
• MACD: bars move around the zero level.
• RSI: the line has entered the growth stage.
Possible pivot points
• Support: 1.2210; 1,2200; 1,2180.
• Resistance: 1.2230; 1,2270; 1,2300.
Recommendations: we are looking for buy entries from support levels.

Binary options signals on currency pairs

Signals for USDJPY

Let’s analyze the indicator data on the four-hour H4.
• BB: the bands have widened and acquired an upward slope. The price stopped near a strong resistance level located near the upper Bollinger boundary.
• MACD: bars in the positive zone.
• RSI: the line is increasing, but it is near the overbought area.
Possible pivot points
Support: 104.20; 103,85; 103,60.
Resistance: 104.65; 104,90; 105,05.
Recommendations: today we expect a downward correction, so we enter the sale from resistance levels.

Binary options signals on currency pairs

Cooperate with trusted binary options brokers and confirm your knowledge with the result.
Have a great day!

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