March 17th – Today's Trading Tips & Market Analysis

See Today's Binary Options Trading Opportunities Below – Watch The Video For Full Market Analysis

 

1 – The EUR/USD pair tried to rally during the course of the session on Monday, but as you can see the 1.05 level continues to offer support. Because of this, it’s very likely that we will go back and forth between the 1.06 level and the 1.05 level, so we are looking for resistive candles in order to buy puts. We have no interest whatsoever in buying calls.

2 – The silver markets did very little during the session, but did end up forming a shooting star which of course suggests that we are going to try to break down to the $15 level given enough time. However, expect a lot of volatility so it is going to be difficult to hang onto longer-term trades, thereby having is trade short-term charts only to the downside.

3 – The FTSE broke higher during the course of the session on Monday, clearing the 6800 level at one point. We believe that we can break the top of the range, this market should then head to the 6900 level over the course of the next several days. There is quite a bit of noise above though, so expect a lot of volatility. Pullbacks should continue to offer buying opportunities for calls as well, as there is obviously quite a bit of support below.

Disclosure: None

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.