Technically, the USD index and non-USD currencies have already come back to normal after a long-term struggling of jumping up and down. Today everything seems to be on the right track and here we don’t have anything significant to issue based on the fundamental analysis level. In the end, let’s pay attention on Call option of precious metal.
Here are some binary option trading advice in current market-available days.
Gold
Resistance:1195 1210
Support:1185 1180
The area 1210-1170 lasts for four hours and it’s bullish before it even breaches the limit. In the short run it may be applicable to buy in Call at 1180-1185.
Silver
Resistance:16.30 16.60
Support:15.70 15.50
Same thing happened to silver in the four-hour long area 15.50-16.50.The target is locked in 16.20 and it’s bullish between 15.50-15.75.
EUR/USD
Resistance:1.2000 1.2300
Support:1.1900 1.1870
Be careful, it may not be what it looks like. We can choose Put in the short run when 1.2000 emerged for the first time during the day, but choose Call if it falls down to 1.1900 again.
USD/JPY
Choose Put at 120.50 and Call at 120.00 once it gets consolidated.
Trading view for JPY
[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.