Binary Options Signals for April 28
Against the backdrop of economic news and reports, you can observe a clear movement of the asset on the EURUSD pair. Therefore, we recommend trading in the four-hour channel today. This will reduce the risks.
The number of trades depends on the timeframe. By reducing the resolution to the 30-minute chart, trades should be opened downwards. It is possible to catch a correction, but it is dangerous.
Thus, by following trend trading, today you can earn.
There is no need to focus only on trading foreign exchange assets. Pay attention to the news on big promotions (Blue chips). Today, Facebook announced a 3-fold increase in profits. This is a record figure for the company. Therefore, if your broker has this asset, think about investing in a Facebook stock.
Gazprom’s Aquia also does not stand still. This month’s jump was predictable. If you’re looking for less risky trades, try stock trading.
MARKET REVIEW FOR 28.04.2016 – uTrader
The US dollar fell in price, which instantly affected the value of currency pairs. EUR/USD is trading in a positive mood at the level of 1.13 and retains prospects for further growth. USD/JPY fell from 111 to 108, reaching its minimum values. The currency pair continues to decline. Gold rose to the level of 1252. The price of the precious metal stopped at around 1249. There are trends for further growth.
Expected news
Today, important statistics for Europe and the United States are expected. In Europe, a report on the Change in the number of unemployed in Germany will be published. For the US, we recommend paying attention to the GDP data for the 1st quarter.
Trading Ideas
EUR/USD It is trading positively. The moving averages are pointing upwards, indicating further growth. An important level restraining growth is located at 1.1361. Important levels restraining the decline are located at 1.1296 and 1.1272. 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).
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 109.43 and 111.87. An important level restraining the decline is located at 108.79. 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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