Technical Analysis from FX77, Dec 26, 2014

FX:SPX500   S&P 500 index of US listed shares
28 0 0
The USD index shapes as a pregnancy line at 90.00. correction may occurred if it can’t breach the resistance in the aftermarket. About the correction to non-USD index and the precious metal is related to Call option for short-term.
Here are some binary option trading advice in current market-available days.

Resistance:1185 1190
Support:1174 1170
In the short run, the target will be set in between 1185-1193, then it’s applicable to choose Call at 1174.

Resistance:16.00 16.60
Support:15.50 15.20
Above the level of 15.50 it’s bullish . In the short term, we can choose Call for short-term option at 15.68, set the target at 16.00, because if it has the potential to breach over 16.00, then it will be bullish all the way.

Resistance:1.2220 1. 2300            
Support:1.2180 1.2150
Above the level of 1.2165 it’s mainly coming off as bullish . During today, we should choose Put at 1.2190, if it has the chance to breach over 1.2220, then we switch our focus to 1. 2300             .

Resistance:120.60 121.00
Support:120.00 119.00
We can choose Put below 120.60 after it get rid of the support. Again, choose Put at somewhere around 120.40, the target is set between 120.00 to 119.50.

Resistance:1.5550 1.5650
Support:1.5500 1.5450
Last Wednesday t closed at the pressure point over 1.5550. Today let’s choose Call for short-term and set the target at somewhere between 1.5600-1.5680.

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.

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