uTrader Binary Trading Market Review 27/4/2016

EUR/USD is trading in a negative mood and is holding at the level of 1.13. There are prospects for further decline. USD/JPY continues to fall in price, but is still trading at the level of 111. Gold is trading positively. The price of the precious metal stopped at around 1243. Further growth is possible. Depending on the economic data for the United States, the asset’s chart can dramatically change its direction, which will provide an excellent opportunity to earn money.

Expected news

Fundamental statistics for the United States will be published today. An Interest Rate Decision will be announced, which will determine the future value of the US dollar. Strong jumps are expected.

Trading Ideas

EUR/USD is trading negatively. The moving averages are pointing downwards, indicating a further decline. Important levels restraining growth are located at 1.1312 and 1.1340. An important level restraining the decline is located at 1.1280. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).

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USD/JPY The dollar/yen currency pair is trading negatively. The moving averages are pointing downwards, indicating a further decline. Important levels restraining growth are located at 111.24 and 111.47. An important level restraining the decline is located at 110.87. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).

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GOLD Gold is trading positively. Moving averages are directed horizontally, but further growth is possible. An important level restraining growth is located at around 1246. Important levels restraining the decline are located at 1239 and 1231. From the resistance levels, we can consider the opening of binary options for a fall (put options), and from the support levels, we can consider the opening of binary options for an increase (call options).

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