Daily Analysis from FX77, Jan 21, 2015

FX:SPX500   S&P 500 index of US listed shares
Fx77 Option’s senior data analyst Eric             suggests that we should choose Put for USD index. In the short run, the gold             spot will be surging all the way, and we by no means need to rush at this hour. Euro             keeps remaining bullish at 1.1550/1.1500 .

Here are some binary option trading advice in current market-available days.
Gold             Spot
Resistance:1298 1305            
Support:1290 1280
The entry price is at 1285/1280.

Silver             Spot
Resistance:17.80 18.15
Support:17.50 17.30
In the mid-term, it’s mainly bullish . You can choose Call once the retracement is back at 17.60 while the target is set at 18.00/18.50.

Resistance:1.1610 1.1700
Support:1.1550 1.1500
The overall trajectory is going downward but rather jerky, during today choose Call at 1.1550/1.1500. Let’s set the target at 1.1610 first, then aim at 1.1700 again if it breaches over 1.1610.

Resistance:118.80 119.00
Support:118.00 117.00
Choose Put at 118.50/118.80 and set target at 118.00/117.00.

Resistance:1.5180 1.5200
Support:1.5100 1.5000
Over the level of 1.5100 it will be bullish . In the short term you can shoose Call at 1.5125/1.5100.

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.

Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out