USD: A Focus On 87.70 For Support
FX77 | Dec 22, 2014 07:24AM ET
Technically, the target prices lie in the area 89.50-89.00, and the US Dollar index falls below the level of 89.00, we should focus on 87.70, where there is the support. Our senior data analyst Eric suggests that today we must not take big steps hastily but make a experiential Call movement on precious metal and non-USD index.
Here are some binary option trading advice in current market-available days.
Gold
Resistance:1201 1215
Support:1194 2185
The unstable area is 1194-1201, and 1185-1215, too. Just choose Call somewhere between 1294-1290 and set the target in 1202-1215.
Silver
Resistance:16.20 16.60
Support:15.80 15.50
Above the level of 15.50 is bullish. Just choose Call for short-term at 15.80, while the target is somewhere near 16.50. but if it rises up over 16.50 then we can expect it could go further at 17.00.
EUR/USD
Resistance:1.2380 1.2480
Support:1.2325 1.2300
If it rises up over 1.2360 then let’s set the targets at 1.2370.
USD/JPY
Resistance:119.00 119.50
Support:1.2325 1.2300
Target: somewhere near 118.00 to 117.50
GBP/USD
Resistance:1.5680 1.5750
Support:1.5530 1.5600
Choose Call set the target at 1.5660 if it above the watershed level of 1.5600. If it goes on up-slanting further, then the target will be set between 1.5670-1.5750.
[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.
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