Below are todays binary options trading tips – Watch the video for full market analysis
1 – Looking at the GBP/USD pair, we have pulled back to the previous resistance at the 1.52 handle, offering a call buying opportunity on moves higher and above the top of the range for the session on Monday. With that being the case, the market looks as if it is ready to continue going on to the 1.55 handle, so we are buyers of calls on that move. With no interest in buying puts because we know that even if we fell from here, there is a lot of noise below that could keep the market somewhat afloat.
2 – Gold markets had a slightly positive session on Monday, taking back a small portion of the massive losses from Friday. What frankly, we believe that this market goes higher and we are call buyers at this point in time, looking for the $1260 level to be had over the course of the next several sessions.
3 – The EUR/USD pair had a slightly positive session as well, but we are simply consolidating. We are waiting for short-term rallies to continue to buy puts in a market that is most obviously bearish and should continue to be for the foreseeable future as the Euro has plenty of issues to deal with out there and should continue to be one of the least loved currencies in the Forex markets right now.
