Good start to the week to all binary options traders. The last trading week brought good results, we hope this one will please all traders. Today’s trading can be divided into two parts.
The first part is on economic news. Today, everyone expects Mario Draghi’s performance. It has a strong influence on the Euro. Therefore, trading on the news today can be very productive.
Mario Draghi (born 3 September 1947) is an Italian banker and economist who served as Governor of the Bank of Italy and succeeded Jean-Claude Trichet as President of the European Central Bank on 11 November 2011. As the head of the European Central Bank, which controls short-term interest rates, he has more influence on the value of the euro than any other person. His comments can identify short-term positive or negative trends.
The second part is technical analysis and receiving a binary signal for the EURUSD pair.
As you can see on the chart, the price is near the channel line. Indicators show a change in the trend. We expect that the price will go up to the previous high of 1.1000.
Trading at the beginning of the week is interesting because the price reacts to all the changes that occurred during the non-working hours of the exchanges.
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