Those people familiar with a lot of the basic elements involving technical price analysis have likely used candlestick charts in most of their market analysis this also is generally mainly because these charts allow it to become very easy to produce broad assessments which has a quick glance. But one under-utilized part of these charts • Read More »
Archives: Binary Options
Binary Options have been around for a while now but recently (since 2008) have been a hit among the new traders. They were originally introduced as Digital Options and basically, binary means 2 values and in the case of finance mean up and down. This series will be dedicated to teaching the logistics of Trading • Read More »
This was a very intensive week on the oil market. At the beginning of this week, there were news regarding problems in Chinese economy, and the expectations that the growth of world economy will slow down had prevailed. But during this week, other important data was published – the US GDP had been significantly increasing, • Read More »
Poor manufacturing production figures from July will weaken the Euro and British Pound against other major currencies, while higher than expected figures will result in a bullish market. Binary options trading is so flexible that traders will potentially be able to profit from any market response to Monday’s figures.
1) What Are Binary Options? Binary options are instruments that are used to predict the performance of underlying assets performance during a given time frame. To further understand the simplicity of Binary options trading, let’s first take a quick look at how other investment usually work. In most forms of investment the investors purchases the • Read More »
Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production.
Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production. Crude also saw support from news that Saudi Arabia plans to trim oil production after this summer. West Texas Intermediate crude for September delivery added $0.22 to • Read More »
Gold prices ended modestly lower on Thursday and not far above the recent 5.5-year low. The price was pressured by a rebound in the US dollar index. December gold was down $3.90 at $1,089.40 per ounce. September silver was down $0.043 at $14.70 per ounce.
The FTSE ended Thursday modestly higher on the back of strong corporate results from heavyweights in various sectors, including the likes of Shell, RBS and Astrazeneca.
The FTSE ended Thursday modestly higher on the back of strong corporate results from heavyweights in various sectors, including the likes of Shell, RBS and Astrazeneca. This was despite the US Federal Reserve’s decision to leave the door open to possible rate increases in September which, which could add to the pressure on the Bank • Read More »
The news may spur a bullish reaction in the EUR/USD and the price growth in the union reduces the options of the European Central Bank to implement more non-standard measures. Why is this Important for binary options? The implementation of the European Central Bank quantitative easing program diminishes the thread for deflation and can help • Read More »
Gold and crude oil prices continue to digest losses while the SPX 500 has extended its recovery, with prices reclaiming a hold on the 2100 figure. Source: DailyFx Technical Analysis