Binary Options Asset Insights - October 21, 2016

During the day on Friday, we get the Core CPI numbers coming out of Canada, the CFTC Crude Oil Speculative announcement coming out of America, and several other low-grade announcements. With all of this being said, we are watching the following 3 assets:

MIB

The Milanese index initially trying to fall during the course of the day on Thursday, but turned around to bounce and form a rather significant looking hammer. The fact that we are clearing the gap from several weeks ago suggests that the call buyers are very much in control of this moment in time, and with the Euro falling, it’s likely that we will continue to see call buyers very interested in this market.

chart-1

USD/CHF

After initially falling during the day on Thursday, the US dollar found quite a bit of support at the 0.9850 level. With this being the case, we ended up breaking to the upside and clearing a bit of resistance. At this point in time, it looks as if the call buyers are very active in this market.

chart-2

Apple

Apple (AAPL) stock fell rather significantly during the day on Wednesday, but Thursday has seen a stabilization of the market just above the $116 level. Because of this, we could get more call buyers interested in this market as it is obviously in an uptrend, and we have seen quite a bit of support over the last couple of sessions.

Disclosure: None.

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Chee Hin Teh 7 years ago Member's comment

thanks for sharing