Binary Options Signals for August 10

Good morning. We have come to the middle of the trading week. Let’s look at the indicator analysis of key currency assets, with the help of which you can determine the advantageous entry points to the position. 
Main news of the day
We check the economic calendar at the following time:

• Eurozone: 12:35 p.m.
• USA: 5:00 p.m.; 17:30; 20:00; 21:00.

Do not forget that the release of news is one of the most unfavorable moments for entering a position. Pay special attention to the UK today. 
Let’s move on to technical analysis. 

Signals on EURUSD

Let’s analyze the indicator data on the four-hour (H4) timeframe. 

• BB: are parallel to each other, which indicates the uncertainty of movement on this pair. Since the price is near the upper border, we expect a downward correction.  
• MACD: the indicator is placed in the positive zone. 
• RSI: the line is increasing and preparing for a transition to the overbought zone. This means that we should expect a downward movement in the near future.   

Possible pivot points
Support: 1.1025; 1,1046; 1,1082.    
Resistance: 1.1103; 1,1139; 1,1160; 1,1196.
Recommendations: we sell from resistance points. 

• Articles for professionals 

Signals on GBPUSD

Let’s analyze the data of indicators on H4. 

• BB: The bars are pointing downwards, indicating a downtrend.  
• MACD: are near the zero level. 
• RSI: The line is rising, indicating the possibility of an upward correction.   

Possible pivot points
Support: 1.2854; 1,2904; 1,2953.    
Resistance: 1.3003; 1,3052; 1,3102; 1,3151.
Recommendations: we focus on support points and buy from their borders.  

• Binary Options Trading Strategies

Signals for USDJPY

Let’s analyze the indicator data on the four-hour H4. 

• BB: are in a parallel state, indicating market instability. The price is close to the lower limit, indicating a high probability of an upward correction. 
• MACD: from the negative area, they are approaching zero, preparing for an upward correction.  
• RSI: the line is decreasing, moving into the oversold zone.    

Possible pivot points
Support:  100.82; 101.29; 101,59.    
Resistance: 102.06; 102,36; 102,83; 103,13.
Recommendations:  we focus on support points and buy from their borders. 

• Rating of binary options brokers

 To trade calmly and not worry about the preservation of your investments, you need to choose trusted binary options brokers. 
Have a great day!

 

Tagged with: Binary Options Signals • Binary Options Signals • Binary Options Trading Signals

Комментарии