Good morning dear traders. As always at the beginning of the trading day and week, we will look at the main economic news. This is done so that the information not taken into account does not affect our forecast.
Today’s main news is the “Index of incomplete sales in the US real estate market (m/m)”. After checking, we found that the last time this news was released on 10/29/2015 and did not affect the trend much. Thus, the price continued its movement.
However, there was momentum and this is a good opportunity for traders trading turbo options, or options up to 30 minutes.
Binary options signal on the EURUSD asset
As we can see the coincidence on the 4 o’clock and on the hourly chart. The trend remains bearish. All indicators indicate that the price will go down after a slight correction.
The price target is set at 1.0575, the second target at 1.057
If you open trades only in the direction of the trend, throughout the day, the result of trading improves by an average of 35%. This is due to a decrease in the number of false signals.
Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals