Daily Analysis: January 22, 2015
FX77 | Jan 22, 2015 02:00AM ET
The whole is going all the way up but quite bumpy at 93.00/92.00. the non-USD index is starting to have a clear vision. Today we can choose Call for non-USD index. Keep your eyes peeled for the accurate timing of the entry price.
Here are some binary option trading advice for today.
Gold spot
Resistance:1298 1305
Support:1290 1280
We don’t recommend you to choose Call so soon, it’s still not very stable and smooth after all. But you can do that until the retracement being regained. Today the entry price for choosing Put is at 1295/1298.
Silver spot
Resistance:18.30 18.55
Support:18.00 17.50
You can choose Put at 18.25 but set the target at 18.00 first. It will be still bearish at 17.75 once it dips below 18.00.
EUR/USD
Resistance:1.1610 1.1700
Support:1.1550 1.1500
You can choose Call at 1.1580 and do the same at 1.1500 if it breaches below 1.1550.
USD/JPY
Resistance:118.80 119.00
Support:118.00 117.00
Below the level of 118.40 it’s mainly bearish. The entry price is at 118.00/118.20. By the way, the euro rate decision is coming on its way, let’s pay attention to it.
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GBP/USD
Resistance:1.5180 1.5250
Support:1.5130 1.5100
Choose Call at the support position 1.5130. If it rises over the level of 1.5175 then watch out for 1.5250.
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