EURUSD Binary Options Trading for July 2, 2020

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Trading plan for EUR/USD on April 2, 2020

As expected, the US market fell sharply, due to the coronavirus situation in the US. The report was not surprising since the country is currently the center of the pandemic, with the number of new patients increasing by more than 20,000 per day.

Now, the market is waiting for the report on the latest US unemployment rate, which will come out today at 13:30 London time.

Update on the coronavirus: the situation in Italy and Spain remains tense. According to official reports, the number of infected people in both countries exceeds 100 thousand (recall that in China, the total number of infected people was 80 thousand).

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However, it is quite clear that the reported number of infected in Italy and Spain are not really the actual values, not because of the malice of the authorities, but because it is quite impossible to test every person residing in both countries.

If we start from the number of deaths on April 2, and take the death rate of the virus at 4% (my method), the number of infected people:

Italy: 13,000 deaths = 325,000 cases.

Spain: 9,400 deaths = 235,000 cases.

Thus, with US’ 215,000 cases, when analyzed correctly, is actually still behind Italy and Spain.

Positive news: the increase in the number of infected people in Italy is slowing down.

In Spain, although the death rate per day is high, it does not increase further.

The number of infected people in US increases by +26.5 thousand per day, or +13%.

Until US passes the peak of the pandemic, we should not expect a serious reversal in the market.

According to my calculations, US will reach the peak of the pandemic around April 15.

I also expect Moscow to reach the peak of the pandemic on the same day, with the final number of infected people at around 15-30 thousand.

EURUSD: An upward turn is expected.

Buy at the breakout of 1.1040. Stop at 1.0995. The target is 1.1140.

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

Индикаторы для бинарных опционов

О Разделе «Индикаторы для бинарных опционов»

Индикаторы для бинарных опционов, в отличие от форекс индикаторов, имеют свою специфику. Для того, чтобы получить прибыль при торговле бинарными опционами, не имеет значения, сколько пунктов пройдет цена, для БО имеет значение только направление движения цены.

Как работают индикаторы бинарных опционов

Именно эту задачу помогают решить индикаторы для бинарных опционов. На основании математических и статистических расчетов индикаторы для бинарных опционов предоставляют трейдеру графическое отображение точки входа и типа бинарного опциона для покупки.

В этом разделе можно найти подборку лучших, точных индикаторов для бинарных опционов по мнению трейдеров и скачать бесплатно.

April 2, 2020 : EUR/USD Intraday technical analysis and trade recommendations.

Since December 30, the EURUSD pair has trended-down within the depicted bearish channel until few weeks ago, when a new low around 1.0790 was recently established where the EUR/USD pair looked OVERSOLD after such extensive bearish decline.

On February 20, recent signs of bullish recovery were demonstrated around 1.0790 leading to the recent steep bullish movement towards 1.1000, 1.1175, 1.1360 and finally 1.1480 where a (123) bearish reversal pattern was initiated around.

This turned the short-term technical outlook for the EURUSD pair into bearish when bearish persistence below the Keyzone of 1.1235 was maintained on a daily basis.

Moreover, the mentioned intermediate-term bearish Head & Shoulders pattern has achieved all of its projection target levels.

Earlier last week, the EURUSD pair has expressed significant bullish recovery around 1.1065

The recent bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.0980 and 1.1075 (Fibonacci Level 50%).

Key Supply-Levels in confluence with significant Fibonacci levels are located around 1.1075 (50% Fibonacci) and 1.1175 (61.8% Fibonacci) where bearish rejection was highly-expected.

Moreover, a Head & Shoulders reversal pattern was being demonstrated around the price levels of 1.1075. The pattern neckline existed near the key-level around 1.1000.

Further bearish movement is being demonstrated towards 1.0850 shortly after the neckline of the reversal pattern was breached to the downside.

The nearest demand level to be considered is located near the backside of the broken channel around 1.0850-1.0820 where bullish rejection may exist soon.

Intraday traders can wait for more bearish pullback towards the mentioned demand-zone around 1.0820-1.0850 and look for any bullish rejection signs as a valid BUY signal for a short-term trade.

S/L to be placed below 1.0780 while Initial T/P level to be located around 1.0920 and 1.1000.

*Analiza de piață publicată aici este menită să vă sporească conștientizarea, nu pentru a oferi instrucțiuni pentru a efectua un schimb.

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