Fx77 Option’s senior data analyst Eric suggests that we should choose Put for USD index. In the short run, the gold spot will be surging all the way, and we by no means need to rush at this hour. Euro keeps remaining bullish at 1.1550/1.1500 .
Here are some binary option trading advice in current market-available days. Gold Spot Resistance:1298 1305 Support:1290 1280 The entry price is at 1285/1280.
Silver Spot Resistance:17.80 18.15 Support:17.50 17.30 In the mid-term, it’s mainly bullish. You can choose Call once the retracement is back at 17.60 while the target is set at 18.00/18.50.
EUR/USD Resistance:1.1610 1.1700 Support:1.1550 1.1500 The overall trajectory is going downward but rather jerky, during today choose Call at 1.1550/1.1500. Let’s set the target at 1.1610 first, then aim at 1.1700 again if it breaches over 1.1610.
USD/JPY Resistance:118.80 119.00 Support:118.00 117.00 Choose Put at 118.50/118.80 and set target at 118.00/117.00.
GBP/USD Resistance:1.5180 1.5200 Support:1.5100 1.5000 Over the level of 1.5100 it will be bullish. In the short term you can shoose Call at 1.5125/1.5100.
[Tips] All the information mentioned above is for reference only. The FX team will keep an eye on the market and set up the trading strategies specifically. If you are looking for more real-time signal-providing services and investment instructions, please pay more attention to us.